Selected News
Monad on-chain meme "emo" rises 290% in 24 hours, market cap reported at $570,000
BNB version of MicroStrategy BNC stock price down over 92% from historical high, currently at $5.97
Selected Articles
Whether old or young, everyone cannot escape the traditional mindset of "having a good reunion during the festival." The fourth Thursday of November each year is a significant traditional holiday in the United States, Thanksgiving. This year, what people in the crypto circle are most grateful for may be Bitcoin's return to $90,000. In addition to the influence of "holiday market" factors, a "Beige Book" that unexpectedly became a key decision-making basis due to the government shutdown has also helped rewrite the direction of this year's last monetary policy. The probability of the Federal Reserve cutting interest rates in December has soared from 20% a week ago to 86%.
Money always flows to where there is more money, and liquidity is always in pursuit of deeper liquidity. Bitcoin's market cap is $1.7 trillion, while the total market cap of the US stock market exceeds $50 trillion. Tech giants like Apple, Microsoft, and Nvidia each have market caps that can crush half of the entire cryptocurrency market. More and more savvy crypto enthusiasts seem to have reached a subtle consensus: trading cryptocurrencies is really not as good as trading US stocks.
On-chain Data
On-chain capital flow situation for the week of November 28
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