according to the market, BTC has broken through $90,000 and is now trading at $90,017.98, with a 24-hour increase of 3.12%. The market is fluctuating greatly, so please be prepared for risk control.
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BTC breaks through $90,000
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U.S. money market fund assets exceed $7 trillion for the first time
according to data provided by Crane Data, which has long been researching the currency market fund field, as of the week of November 13th, the management assets of US currency market funds increased by about $91 billion, and the total scale exceeded $7 trillion for the first time, which is a milestone for the industry. Due to the high and reliable yield, the popularity of this industry among investors has risen sharply. Before reaching the $7 trillion mark, the scale of US currency market assets hit a historic high for several consecutive months, which refuted doubts about whether the industry could continue to be popular as Federal Reserve officials lowered interest rates from their highest level in 20 years. After US policy makers cut interest rates by 50 basis points in September and another 25 basis points this month, investors continued to pour into currency market funds, mainly because the yield of these funds is higher than other tools, especially bank deposits. Compared with banks, the speed at which these funds transmit the impact of low interest rates is often slower. -
Franklin Templeton Expands $410 Million Money Market Fund to Ethereum Blockchain
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U.S. PPI rose 2.4% year-on-year in October, higher than expected
US October PPI rose 2.4% year-on-year, estimated at 2.3%, with a previous value of 1.8%; the US October PPI rose 0.2% month-on-month, estimated at 0.2%, with a previous value of 0%. -
From the US election to November 13, DOGE rose by 128%, outperforming Tesla and Bitcoin
According to market data, from November 5th to November 13th, Dogecoin had the most eye-catching increase, surpassing the more focused Tesla and Bitcoin. On November 14th, Dogecoin and Bitcoin continued to rise. As of November 13th, Dogecoin increased by 128%, Coinbase increased by 47%, Tesla increased by 31%, Bitcoin increased by 29%, the banking sector increased by 10%, small-cap stocks increased by 4.9%, the S&P 500 increased by 3.6%, and the US dollar index increased by 3.1%. In addition, long-term US bonds, crude oil, gold, and Trump media all experienced a decline. -
Binance Labs transferred the tokens of 4 invested projects to Gate Exchange 1 hour ago
On November 14th, according to on-chain analyst Yu Jin, Binance Labs may be preparing to sell tokens from some of its investment projects. One hour ago, Binance Labs transferred tokens from four of its invested projects (with a total value of approximately $2.79 million) to the Gate exchange. These tokens include: -
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spot gold fell 1.00% intraday, dropping below $2,550 per ounce for the first time since September 18. -
Robinhood Adds Solana, Cardano, XRP, and Pepe in Major Crypto Push
The new additions bring the total number of cryptocurrencies on Robinhood's platform to 19. It comes amid a crypto rally that saw Bitcoin reach an all-time high of over $90,000.
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