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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”
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- 08:31VanEck: The Trump administration, which supports Bitcoin, may regard El Salvador as a "strategic partner" of the United StatesA report written by VanEck's Director of Digital Asset Research, Matthew Sigel, evaluated the experience and positive impact of this Central American country with Bitcoin. The report pointed out that nearly 8% of Salvadorans used Bitcoin for transactions in 2024, which is a "meaningful step" for a country traditionally low in electronic payment adoption. In addition, the country's Bitcoin reserves already account for 1.6% of its GDP. VanEck analysis believes that given Trump's strong support for Bitcoin and attention to remittances and supply chains, El Salvador could become a strategic partner in establishing regional alliances with the United States.
- 08:30Over the past hour, more than 40 million US dollars have been liquidated across the entire network, with the majority being long positionsCoinglass data shows that in the past hour, a total of 44.6169 million US dollars have been liquidated across the network, including 43.6725 million US dollars from long positions and 0.9444 million US dollars from short positions.
- 08:19BTC breaks through $93,000The market shows that BTC has broken through $93,000 and is now reported at $92,831, with a 24-hour drop of 5.35%. The market fluctuation is significant, please manage your risk well.
