● Bitcoin reached a high of $76,400 this morning, continuing to set a new historical high
According to BlockBeats, on November 7, Bitcoin price reached a high of $76,400 this morning, currently quoted at $75,795, with a 24-hour increase of 8.62%, continuing to set a new historical high.
● Bitcoin's market value surpasses Meta to become the ninth largest asset in the world
According to BlockBeats, on November 6, Bitcoin's market value surpassed Meta, becoming the ninth largest asset in the world.
According to BlockBeats, based on market information, the US stock market has achieved its best post-election performance in history with the S&P 500 index hovering around 5930 points, marking the 48th historical high this year. The Nasdaq 100 index rose by 2.7%, marking its first record since July. The Dow Jones Industrial Average climbed by 3.6%. In addition, crypto concept stocks performed outstandingly, with MicroStrategy rising by 13.17%.
● BlackRock Bitcoin ETF sees record trading volume, reaching $4.1 billion
According to Wu Shuo, Bloomberg ETF analyst Eric Balchunas tweeted that BlackRock's IBIT just saw its largest trading volume, reaching $4.1 billion. This trading volume surpasses the trading volume of stocks like Berkshire, Netflix, and Visa today. The stock rose by 10%, marking the second-best performance since its listing. A portion of the trading volume is expected to convert into capital inflows, anticipated to occur on Tuesday and Wednesday evenings.
According to Odaily Planet Daily, data from the Hong Kong Stock Exchange shows that the three Bitcoin spot ETFs in Hong Kong all reached historical highs yesterday, with a total trading volume of approximately 75.5 million HKD among the three Bitcoin ETFs. The total trading volume of the two Bitcoin ETFs under Huaxia Fund and Harvest Global is approximately 67.3 million HKD, accounting for about 89%.
According to Odaily Planet Daily, the analysis team at Bernstein, led by Gautam Chhugani, stated that after Donald Trump's victory in the election, the regulatory headwinds for the cryptocurrency market have turned into tailwinds. It is expected that the new 'crypto-friendly' chairman of the U.S. Securities and Exchange Commission and the Senate Banking Committee will accelerate regulatory transparency in the industry.
Binance has been selected for the first-ever '2024 Asia Financial Technology Innovators' list published by Fortune, ranking first in the 'Blockchain and Crypto' field. The 2024 Asia Financial Technology Innovators list showcases 60 of the most vibrant financial services companies in the fastest-growing regions globally.
