Crypto market: Clearing over $300 million within 4 hours

The Trump administration supports joining the Global Tax Reporting Facility (CARF) to help the Internal Revenue Service better identify the overseas cryptocurrency holdings of American citizens. （Decrypt）

A British man who once committed Bitcoin fraud by hacking into Musk and Obama accounts has been sentenced to return $5 million (Decrypt).

[The Federal Reserve's Overnight Reverse Repo Usage Reaches $3.172 Billion on Monday] On November 17 (Monday), the Federal Reserve's overnight reverse repo usage amounted to $3.172 billion, an increase from the previous trading day's $1.559 billion.

Short term holders panicked and sold 148000 bitcoins, resulting in losses. Currently, there are still 93000 bitcoins active in the market, and some analysts believe that if this level is breached, the price may fall below $90000. （Cointelegraph）

OKX-BTC/USDT is currently trading at $92850.30, a decrease of 0.31% in 5 minutes. Please pay attention to market fluctuations.