BTC breaks through $90,000, El Salvador holds 5,936.7 Bitcoins

Headline

▌BTC breaks through $90,000

According to the market, BTC breaks through $90,000 and is now at $90,015.99, with a 24-hour drop of 1.18%. The market is volatile, so please do a good job of risk control.

▌Currently El Salvador's Bitcoin holdings are 5,936.7

According to mempool data, El Salvador currently holds 5,936.7 BTC, equivalent to $536 million.

Market

As of press time, according to Coingecko data:

BTC's latest transaction price is $89,830.4, with a daily increase or decrease of -0.5%;

ETH's latest transaction price is $3,074.51, with a daily increase or decrease of -3.5%;

BNB's latest transaction price is $618.7, with a daily increase or decrease of -0.9%;

SOL's latest transaction price is $237.86, with a daily increase or decrease of +1.6%;

DOGE's latest transaction price is 0.3651 yuan, with a daily increase or decrease of +0.5%;

XPR's latest transaction price is 1.06 US dollars, with a daily increase or decrease of -1.7%.

Policy

▌DOGE (Department of Government Efficiency) leader Vivek: DOGE is not only about restoring efficiency, but also about restoring autonomy

On November 18, Vivek Ramaswamy, who led the US Department of Efficiency with Musk, posted on X, "DOGE is not only about restoring efficiency, but also about restoring self-governance. In fact, these two goals are two sides of the same coin, which is a very beautiful thing."

Blockchain Applications

▌Nvidia's new AI chip faces server overheating problems

According to The Information, Nvidia's (NVDA.O) newly launched Blackwell AI chip has faced delays. As the supporting servers have overheating problems, some customers are worried that they will not have enough time to get their new data centers up and running.

Cryptocurrency

▌BlackRock IBIT holdings valued at more than $42.8 billion

BlackRock official data shows that as of November 18, IBIT holdings valued at $42,893,124,057.07, holdings reached 471,329 BTC.

▌The total holdings of the US spot Bitcoin ETF on the chain are 1.04 million BTC

According to Dune data, the total holdings of the US spot Bitcoin ETF on the chain have exceeded 1 million BTC, now reaching about 1.044 million BTC, accounting for 5.28% of the current BTC supply, and the value of the on-chain holdings has reached about $94.4 billion.

▌Robert Kennedy: Most of his wealth has been invested in Bitcoin

Former independent candidate Robert F. Kennedy Jr said in a recently re-exposed video, "I am a big supporter of Bitcoin. A year ago, I attended another Bitcoin conference here. I went home and invested most of my wealth in Bitcoin, so I am all in." 

Kennedy described Bitcoin as "free money" in an online post on November 16 and reiterated the ability of digital assets to hedge against monetary inflation.

▌Michael Saylor hints that he may continue to increase his holdings of BTC

MicroStrategy founder Michael Saylor posted on the X platform hinting that he may continue to increase his holdings of BTC. He said: "I think there needs to be more 'green dots' on the saylortracker website." (Note: This website is a website for tracking MicroStrategy's purchase of Bitcoin positions. The green dot means the purchase of BTC.)

Important Economic Dynamics

▌The probability of the Federal Reserve cutting interest rates by 25 basis points in December is 61.9%

According to CME's "Fed Watch": The probability of the Federal Reserve maintaining the current interest rate unchanged by December is 38.1%, and the probability of a cumulative interest rate cut of 25 basis points is 61.9%. The probability of maintaining the current interest rate unchanged by January next year is 25.9%, the probability of a cumulative interest rate cut of 25 basis points is 54.3%, and the probability of a cumulative interest rate cut of 50 basis points is 19.8%.

Golden Encyclopedia

▌What is Dogwifhat (WIF)?

Launched in November 2023, Dogwifhat is a Solana-based memecoin featuring a Shiba Inu wearing a pink knitted hat. Rather than positioning itself as a symbol of progress or a vision for the future, WIF keeps it simple, embracing its meme identity without any grand ambitions. Even the code "WIF" is misspelled with "with", a typical meme form that highlights the fun nature of the token.

Disclaimer: As a blockchain information platform, Golden Finance publishes articles for information reference only and is not intended as actual investment advice. Please establish the correct investment concept and be sure to enhance risk awareness.