Article source: Trading Moment
1. Market Observation
Keywords: SOL, BTC, XRP
The cryptocurrency market overall shows strong upward momentum. Bitcoin breaks the $99,000 mark, with a weekly increase of over 10.10%, demonstrating strong upward momentum. Ethereum also rises, with an increase of 8.10%, but its ETF fund flow shows a net outflow, which may put some pressure on short-term price trends.
The US stock market performs steadily, with the S&P 500 and Nasdaq indices maintaining a high-level fluctuation. US Treasury yields have slightly risen, and the US dollar index remains stable, indicating a balanced overall market risk appetite.
2. Key Data (as of November 22)
• S&P 500 Index: 5,948.74 -0.01%
• Nasdaq: 18,972.42 +0.03%
• 10-year Treasury yield: 4.38% +1.0 basis points
• US Dollar Index (DXY): 106.702 +0.03%
• BTC: $98,165.70 +10.10%
• Daily spot trading volume: $105.84 billion
• ETH: $3,322.67 +8.10%
• Daily spot trading volume: $52.69 billion
3. ETF Flows (November 18-21 Eastern Time)
• Bitcoin ETF: Net Inflow +$225.44 million
• Ethereum ETF: Net Outflow -$159.7 million
4. Hot News
• Trump's media may plan to launch cryptocurrency payment service 'TruthFi'
• US SEC Chairman Gary Gensler will officially step down on January 20, 2025
• Sources: Trump's cryptocurrency advisory committee is expected to establish a committed Bitcoin reserve
• FTX announces creditor and customer allocation timeline, expected to start in early 2025
• MicroStrategy completes $3 billion convertible bond issuance, plans to continue increasing Bitcoin holdings
• Financial giant Charles Schwab: will consider providing cryptocurrency trading services if regulations change
• Coinbase International will launch CoW Protocol perpetual futures contracts
• Renowned short-selling firm Citron: has shorted MSTR for hedging, still optimistic about Bitcoin
• Insider: Negotiations between the US SEC and the issuer hoping to launch a SOL spot ETF are 'making progress'
• Sui Blockchain suspected outage, no blocks produced for 1 hour
• Binance contracts to launch SLERF and SCRT 1-75x USDT perpetual contracts
• Vitalik exchanges 0.082 ETH for 30,303 ANON tokens
• Nvidia reports Q3 earnings: revenue reaches $35.1 billion, net profit of $19.31 billion