[QCP: The U.S. economy is nearing the late cycle, this week's data may impact Bitcoin's trend] On November 19, QCP released a market observation stating that Bitcoin continued to decline this week, briefly falling below the $90,000 mark due to tightening rate hike expectations and ETF outflows dampening market sentiment. Thin liquidity exacerbated the downward trend, indicating Bitcoin's increasing sensitivity to changes in the macro environment. Adjustments in Federal Reserve policy expectations are putting pressure on Bitcoin and other interest rate-sensitive assets, while the stock market remains relatively stable due to robust corporate earnings. The U.S. economy is showing a K-shaped divergence, with resilient spending among high-income households and increasing pressure on low-income groups. This week's labor market data and leading economic indicators will provide critical insights into economic momentum and determine the nature of Bitcoin's pullback.
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More >分析师称美联储政策不确定性或影响比特币价格
[Analyst Says Federal Reserve Policy Uncertainty May Affect Bitcoin Price] ActivTrades analyst Carolane De Palmas stated that Bitcoin's recent price trend depends on the prospect of Federal Reserve rate cuts, with the market being fragile. Due to the U.S. government shutdown and the potential unavailability of October data, the Federal Reserve may need to formulate policies under limited data conditions. This information gap weakens market liquidity expectations and puts pressure on speculative assets, potentially affecting Bitcoin's price.
FTX 2.0竞标最终入围者被律师否决
[FTX 2.0 Bid Finalists Rejected by Lawyers] FTX co-founder SBF shared a tweet from FTX creditor Arush. The tweet revealed that in the bidding process for the FTX 2.0 reboot project, three well-funded and reputable finalists participated in the sale process. These included Arj/Tribe and a publicly listed exchange that has not been disclosed, Bullish under Tom Farley, and Figure under Mike Cagney. The bidders proposed plans that included significant equity components, which, if the deal were finalized, could potentially add tens of billions of dollars in value to creditor assets. However, the current FTX CEO John Ray and the law firm Sullivan & Cromwell ultimately rejected the deal.
Crypto Markets Today: Altcoins Show Signs of Life as Bitcoin Holds Key Support Above $88K
With bitcoin stabilizing near critical support, traders shifted into altcoins, sparking sharp rebounds across a market still gripped by extreme fear.
白宫计划公布与俄罗斯达成的新和平协议
[The White House Plans to Announce a New Peace Agreement with Russia] White House officials revealed that a significant peace agreement aimed at ending the Russia-Ukraine conflict is about to be announced. The agreement is expected to bring an end to the three-and-a-half-year-long conflict. Reports indicate that all parties may reach a consensus on the framework to end the conflict by the end of this month, or even finalize it as early as this week.
Giant Whale: Deposited 4.87 million USDC into HyperLiquid and opened a long position in ETH
On chain data shows that a giant whale deposited 4.87 million USDC into HyperLiquid and opened ETH long positions with 20 times leverage in two wallets; In addition, the giant whale used 387861 USDC to purchase 10043 HYPE at a price of 38.6 and sent them to pledge. （Onchain Lens）