Bitcoin market stirs again! 🎉 BTC breaks 98,000 USDT, becoming the shining star of the cryptocurrency world, while ETH also rises, breaking 3,600 USDT. Meanwhile, FTX announces that its bankruptcy plan is in effect, with the first round of compensation to be made within 60 days, and investors should keep a close eye. MicroStrategy plans to issue up to $2 billion in preferred shares to increase its Bitcoin holdings, demonstrating strong confidence in BTC. 🌟

In terms of regulation, crypto-friendly Mike Johnson successfully re-elected as Speaker of the U.S. House of Representatives, which may bring more policy support to the crypto industry. Finally, stay safe! Babylon's official Twitter was hacked, and users should not click on any links. 🔒