According to BlockBeats, on December 2, QCP released its daily view that Bitcoin briefly hit $98,000 during the Thanksgiving holiday, a rise driven by Michael Saylor showing Microsoft his Bitcoin investment strategy. Microsoft shareholders plan to vote on December 10 whether to include Bitcoin in its balance sheet. Will this be a catalyst for Bitcoin to break through $100,000 by the end of the year?
Microsoft's largest shareholders, such as Vanguard, BlackRock, and Fidelity, already have exposure to cryptocurrencies through investments in MSTR, Coinbase, and other crypto companies. One might argue that they already have enough exposure. However, if the proposal passes, it will not only be good for Bitcoin, but also for their other investments.
U.S. employment and labor data will again be in focus this week as we await MSCI’s decision next week. ISM manufacturing data and PMI data are scheduled for release on Monday and Wednesday, respectively. However, the focus this week is on non-farm payrolls on Friday. Markets will be watching this week’s reports closely to get a better grasp on inflation trends, especially ahead of the rate decision on December 17-18.

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