🆕Overview of the crypto market in 24h: DOM decreases and the recovery of Altcoins

⏰Tuesday, November 26, 2024

♨️Overview:

Digital asset investment products have seen the largest weekly inflow in history, with a total value of $3.13B, bringing the total inflow since the beginning of the year to a record $37B. Bitcoin saw an inflow of $3B while Ethereum saw an inflow of $2.3M. ETH was the highlight in the recent trading session despite Bitcoin having strongly corrected from 99K to the 93K range, but ETH maintained its recovery to the 3k4 range, opening up significant potential for an Altcoin Season explosion if ETH breaks its ATH.

On a macro level, the minutes from the Federal Open Market Committee (FOMC) meeting provide a detailed account of the committee's policy-setting meeting held about three weeks ago, with GDP, PCE, and Core PCE announced on Wednesday.

♨️ETF Updating (25/11/24):

💰Bitcoin Spot ETF: 🟢$0M

🔹Ethereum Spot ETF: 🟢$0M

🎯Weekly Highlights:

▪️Wednesday: FOMC meeting minutes, Q3 GDP, PCE and Core PCE announcement

▪️Thursday: FOMC meeting minutes announcement

▪️Friday: EU CPI, Chicago PMI announcement

▪️Saturday: China manufacturing PMI.

❇️Top Gainers/Losers:

🟢$LDO 14% 🔴$XTZ 13%

🟢$AAVE 6% 🔴$KAIA 12%

🟢$ARB 6% 🔴$MANA 11%

🆕Hot News:

- Binance Labs invests in Kernel, a restaking platform on the BNB Chain👉Binance Labs

- Kraken, the second-largest CEX in the US (after Coinbase), will list BNB, opening up opportunities for BNB to access the lucrative US market👉Kraken

- MicroStrategy buys an additional 55k5 BTC at a price of ~97K8👉Michael Saylor

- Binance opens futures trading for WHY and CHEEM, two meme projects on the BSC👉Binance

XRP
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647.74
-2.74%
XRP
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2.517
-7.36%
XRP
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2,688.79
-1.04%

#altsesaon