What to know:

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BTC has surpassed $100,000, and Ether is eyeing $4,000 again. Notably, wallets associated with World Liberty Financial, a project backed by President-elect Donald Trump's family, have been acquiring a range of tokens, causing prices for AAVE and LINK to rise by approximately 10%.

Noteworthy Quotes:

"Any upside surprise – and what it means for next Friday's release of the core PCE deflator – could prove a minor dollar positive," ING noted.

In this environment, traders are advised: When in doubt, zoom out.

Key Upcoming Dates:

• Dec. 13: Nasdaq updates its annual Nasdaq-100 index, expected to include MicroStrategy.
• Dec. 16: CleanSpark's Q4 FY 2024 earnings report.

Market Movements:

• BTC is up 3.64% to $100,599 (24hrs: +2.05%).
• ETH is up 6.9% at $3,921.91 (24hrs: +5.41%).

Performance Notables:

BTC continues to demonstrate strong buying activity in the spot market, indicating that recent price increases result from genuine interest rather than leverage, contrasting with earlier speculative trends.