11.25 Market Dynamics
1. BTC has been fluctuating upwards, and after the US stock market opened, it filled a CME gap downwards. It rebounded along with MSTR, reaching close to 89500, and is currently adjusting around 88000;
2. ETH's rebound exceeded that of BTC, with a lot of hype as major whales opened large long positions, just a stone's throw away from 3000;
3. CME 'Federal Reserve Watch': The probability of the Federal Reserve cutting interest rates by 25 basis points in December is 81%;
4. Grayscale has launched its first XRP spot ETF, GXRP, which started trading on NYSE Arca last night;
5. BlackRock transferred 2,822 BTC and 36,283 ETH to Coinbase;
6. VanEck submitted an update for the BNB spot ETF S-1 filing, with the code VBNB;
