According to data from mempool.space, the high-priority transaction fee on the Bitcoin network has increased to 307 sat/vB; the medium-priority has increased to 283 sat/vB; and the low-priority has increased to 259 sat/vB.

According to market data, BTC has broken through $36,500 and is currently trading at $36,515, with a daily increase of 0.38%. The market is volatile, so please be cautious and manage your risks.

Golden Finance reported that the latest data from Dune shows that the cumulative revenue from the inscription casting of the Bitcoin NFT protocol Ordinals has reached 2,687.42 BTC, equivalent to approximately 96.92 million US dollars. The current total number of inscriptions cast is 41,346,774.

Bitcoin has surpassed Ethereum in daily cryptocurrency transaction fees for the first time in three years, with daily transaction fees reaching $11.63 million compared to Ethereum's $8.44 million. Ethereum's versatility in supporting various Decentralized Applications (DApps) and smart contracts had previously made it the preferred choice for users engaging in DeFi and NFTs. However, recent developments have seen Bitcoin experience a surge in average transaction fees, reaching $18.69 per transaction on Nov. 16, and outperforming Ethereum in NFT sales. This surge in fees is seen as a positive development for Bitcoin miners, providing a boost to their revenue streams and ensuring the continued viability of the mining ecosystem.

The market shows BTC has fallen below 36,000 US dollars, currently reporting 35,892.4 US dollars, with a daily decline of 2.34%. The market is volatile, so please be prepared for risk control.

CryptoChan cited data from IntoTheBlock on social media, stating that the black line in the chart represents the BTC price, and the blue line represents the percentage of BTC held by Bitcoin holders (holding BTC on the chain for more than 1 year) that are currently in a profitable state. During the 2016 BTC bull market peak, this on-chain indicator reached 93%. During the 2019 BTC bull market peak, it reached 90%. Currently, the on-chain indicator value is 80%.

According to CryptoQuant data, as of November 15th, the 7-day average funding rate for Bitcoin perpetual contracts was about 0.02%, reaching a nearly two-year high and approaching the level of the last quarter of 2021. In addition, Deribit data shows that the majority of options bets are bullish on Bitcoin, with expectations that Bitcoin will reach $40,000 or even $45,000, indicating that $40,000 may become a key testing area for Bitcoin's rebound. (Bloomberg)

On November 17th, according to CryptoQuant data, the average funding rate for Bitcoin perpetual contracts was about 0.02%, reaching a nearly two-year high and approaching the level of the last quarter of 2021 when Bitcoin was rising towards its peak. In addition, Deribit data shows that by the end of December, there will be a large number of bullish options bets on Bitcoin reaching 40,000 to 45,000 US dollars.

IntoTheBlock shared some key indicators of three mainstream L1 chains on X platform, as follows: Currently, as a key indicator of network utilization and user activity, daily active addresses show an interesting hierarchical structure: 1. Bitcoin: leading with 960,000 daily active addresses, continuing to maintain its dominant position; 2. Litecoin: 797,000 daily active addresses, indicating a strong user base; 3. Ethereum: with 405,000 daily active addresses, currently ranked third; It is worth noting that Ethereum has always been one of the networks with the most active users.

According to data from Greeks.live on November 17th, 35,000 BTC options are about to expire with a Put Call Ratio of 0.49, a maximum pain point of $36,000 and a nominal value of $1.28 billion.