UK Services Purchasing Managers' Index Month-on-Month for May

In 2025, the crypto market experienced a journey from the glory of reaching $100,000 BTC to a period of consolidation. The loose policies at the beginning of the year and Trump's rise to power drove the market upward, but later tariffs and economic concerns affected the trend, ultimately leading BTC to fluctuate above $90,000 by the end of the year. There is uncertainty about the market's future direction.

After the Trump family returned to the White House, they amassed wealth through various channels such as cryptocurrencies, foreign investments, and policy exchanges, reaching an unprecedented scale in American history. Since 2016, the Trump family has profited $3.4 billion from activities related to the presidency, with over $1.8 billion in 2025 alone. The core strategy of the Trump family is to monetize political influence: Donald Trump Jr., Eric, and Barron each play their roles, building a vast business empire spanning cryptocurrencies and real estate.

U.S. Senator Elizabeth Warren has written to the Secretary of the Treasury and the Attorney General, requesting a national security investigation into the connection between PancakeSwap and President Trump’s business interests. She pointed out that PancakeSwap is attempting to amplify tokens issued by World Liberty Financial (WLFI), which is associated with Trump, and questioned whether this involves "improper political influence on law enforcement decisions by the Trump administration."

Bitcoin (BTC) slightly rebounded and is temporarily reported at around $87,680 on December 17. Non-farm payrolls appeared better than expected, but the rising unemployment rate triggered volatility in the US stock and cryptocurrency markets. The chairman of the Russian State Duma Financial Market Committee stated that cryptocurrencies will never become currency in Russia and can only serve as investment tools. US Senator Warren called for an investigation into crypto projects related to Trump.

On December 16, 2025, according to Gate market data, RAVE (RaveDAO) is currently trading at $0.31, down approximately 12% in the past 24 hours. The intraday high once reached $0.51, while the low dropped back to $0.3. The 24-hour trading volume is approximately $13.65 million. The sharp surge and rapid decline in a short period have made RAVE one of the market's recent high-profile targets. This intense volatility is not accidental but the result of multiple factors, including Web3 entertainment narratives, token structure, and market sentiment. What is RaveDAO: From Parties to the Web3 Entertainment Ecosystem RaveDAO is not a traditional "on-chain protocol," but rather a globally driven community, intellectual property, and entertainment sandbox ecosystem powered by cryptocurrency. Its core is not limited to online activities, but