11.27 Market Dynamics
1. BTC broke 90k, currently it has recovered all the losses from last Friday. The US stock market is still strong, and the current expectation of interest rate cuts has been priced in earlier; let's see how this rebound is digested; there will be another low point in the future;
2. ETH is following Bitcoin's surge, currently standing around 3050;
3. JPMorgan economists changed their forecast, believing that the Federal Reserve will start cutting interest rates in December, reversing the bank's judgment from a week ago that policymakers would delay cuts until January;
(Institutions may not necessarily adhere to one viewpoint)
4. SEC's new guidelines may accelerate the approval process for cryptocurrency ETFs;
5. Bloomberg analysts: Nasdaq ISE proposed raising the IBIT options position limit to 1 million contracts;
6. BlackRock withdrew 953 BTC and 15,722 ETH, monitoring shows significant capital flow;
7. S&P Global downgraded USDT's ability to maintain its peg to the dollar to the lowest, warning of collateral shortfall risks;
8. Grayscale submitted an application to the SEC to establish a Zcash ETF, betting on the growth of privacy coin demand;
9. Ethereum saw a new inflow of stablecoins of $966 million in 24 hours, setting a record for the same period;
