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1Bitget Daily Digest (Nov 13)|SEC Proposes "Token Taxonomy"; US House Passes Bill to End Government Shutdown; Trump Signs Temporary Funding Bill at 10:45am (UTC+8) 2Bitcoin’s 4-year cycle is broken, and this time, data proves it3Price predictions 11/12: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, HYPE, LINK, BCH
Flash
- 19:05Musalem: Economic weakness expected in Q4, rebound anticipated in Q1 next yearAccording to ChainCatcher, citing Jinse Finance, Federal Reserve's Musalem expects economic weakness in the fourth quarter, with a rebound in the first quarter of next year, reaching or exceeding potential levels.
- 19:05Moussalem: The labor market is expected to remain close to full employmentAccording to Golden Ten Data, ChainCatcher reported that Federal Reserve's Musalem expects the labor market to remain close to full employment, though it may slow down slightly.
- 18:40Data: If ETH breaks through $3,390, the cumulative short liquidation intensity on major CEXs will reach $953 millions.According to ChainCatcher, citing Coinglass data, if ETH breaks above $3,390, the cumulative short liquidation intensity on major CEXs will reach $953 million. Conversely, if ETH falls below $3,073, the cumulative long liquidation intensity on major CEXs will reach $282 million.