I. Macroeconomic Data:
1. Dollar Index: Ultimately closed up 0.40%, at 107.06
2. Treasury bond prices: The benchmark 10-year U.S. Treasury yield closed at 4.4250%; the two-year U.S. Treasury yield, which is more sensitive to monetary policy, closed at 4.3570%
3. Gold Price: Ultimately closed up 0.73%, at $2669.37 per ounce.
4. WTI Crude Oil: WTI crude oil ultimately closed up 1.58%, at $70.08 per barrel.
5. Stock Market: The Dow closed up 1.06%, the S&P 500 index rose 0.5%, and the Nasdaq slightly increased.
6. USDCNY: 7.25
7. Interest Rate Expectations: According to the Fed rate tracker, the probability of maintaining rates at 4.50 - 4.75 in December is 38.7%, while the probability of lowering them to 4.25 - 4.50 is 61.3%.
8. Cryptocurrency: Overall market cap increased by 4.31% to $3.25T, 24-hour trading volume increased by 35.71% to $243.47B, stablecoin market cap rose by 2.93%, reaching $178.28B
II. ETF Holdings Data:
Updated on November 21:
10 #Bitcoin ETF
NetFlow: +8,585 $BTC (+$84.274 million)
#BlackRock inflow of 6,643 $BTC ($652.08 million) and currently holds 481,270 $BTC ($47.24 billion).
9 #Ethereum ETF
NetFlow: -10,988 $ETH (-$36.85 million)
#Fidelity outflow of 10,000 $ETH ($33.54 million) and currently holds 224,750 $ETH ($753.81 million).
III. Key Macro News from Yesterday:
1. The Federal Reserve - New York Fed states that bank reserves are sufficient; Goolsbee reiterates support for further rate cuts and remains open to acting at a slower pace.
2. Bank of Japan Governor Kazuo Ueda: We will seriously consider the impact of exchange rates on the economy and prices.
3. Bank of England Monetary Policy Committee member Mann: A 100 basis point rate cut is too aggressive for me.
4. Sources: The leadership of the German Social Democratic Party will nominate German Chancellor Scholz as the party's candidate for Chancellor next Monday.
5. Matt Gaetz, embroiled in scandal, withdraws from the race for U.S. Attorney General.
6. The Ukrainian Air Force claims that Russia used intercontinental ballistic missiles for the first time during the conflict, while U.S. officials state they are medium-range ballistic missiles; Ukraine urges partners to provide air defense systems capable of intercepting intercontinental missiles; Putin: Russian troops are testing new types of medium-range hypersonic missiles in operations against Ukraine, with speeds reaching 10 Mach, making them impossible to intercept.
7. The International Criminal Court has issued arrest warrants for Netanyahu and Gallant.
8. SEC Chair Gensler plans to step down in January next year.
9. Trump Media Technology Group applies for cryptocurrency payment platform service TruthFi.
#Bitcoin #BitcoinETF #ETHUSDT #Crypto
