News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.
On the evening of November 11, after the U.S. publicly traded company MicroStrategy announced the purchase of Bitcoin again, Bitcoin began to rise rapidly, climbing from $82,000 to reach a new high of $89,000 at 7 a.m. this morning.
BTC 73,000 USD, or the support price for the bottom of this round.
In October 2024, Bitcoin's market share rose to 70.1%, while the Layer 2 landscape continued to evolve, with Bitcoin L2's growth rate surpassing that of Ethereum L2.
MicroStrategy's Bitcoin holdings have reached an astonishing unrealized gain of $13 billion.
For those who are focused and dedicated, 2025 may become a pivotal year that changes their lives.
Institutional adoption “moves slower than we want,” exec says, but could follow “an exponential curve from Q1 onwards”
![Today's Must-Read | Twitter Featured Opinions [November 12th]](https://img.bitgetimg.com/multiLang/web/95cd4ab7a1787c928d52e3a3866256ae.jpg)
- 16:44Fed Governor Cook: Rate cuts so far an important step in lifting policy constraintsFed Governor Cook said a pause in rate hikes could occur if the progress of the inflation correction slows while the job market remains solid. If the labour market and inflation develop as expected, it would be appropriate to continue to reduce the policy rate to a neutral level. The rate cuts to date have been an important step in lifting policy constraints, with the headline data suggesting that the fall in inflation is continuing and the labour market is gradually cooling, and that the size and timing of the cuts will depend on upcoming data, the economic outlook, and the balance of risks; the policy is not predetermined.
- 16:37A new address raised $2.03 million worth of WIFs from MEXC 1 hour ago at a build price of $3.3Nov 20, 2011 - According to chain analyst @ai_9684xtpa monitoring, new address BV4co.... .rQSxM raised a WIF worth $2.03M an hour ago from MEXC, opening a $3.3 position. Over the past two weeks, he has opened positions in POPCAT worth $2.66 million and WIF worth $2.03 million, and has now floated $238,000 in profit.
- 16:27Data: $332 Million in BTC Busts Across the Net in the Last 24 Hours, $91.02 Million in BTC BustsAccording to the data, in the past 24 hours, the amount of the entire network burst amounted to $332 million, long positions amounted to $196 million, short positions amounted to $136 million, of which the amount of the BTC burst amounted to $91.02 million, the amount of the ETH burst amounted to $55.51 million, and the amount of the DOGE burst amounted to $23.1 million.
