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No results1Bitget Daily Digest (Nov 20) | US to Release Nonfarm Payrolls and Unemployment Rate; Ethereum Advances Post-Quantum Cryptography; LayerZero and KAITO Tokens Face Major Unlocks Today2Bitcoin charts flag $75K bottom, but analysts predict 40% rally before 2025 ends33 SOL data points suggest $130 was the bottom: Is it time for a return to range highs?
Flash
- 23:11An exchange launches ETH-collateralized lending services through MorphoJinse Finance reported that a certain exchange now allows users to borrow up to 1 million USDC using ETH as collateral. These loans are supported by the Morpho lending protocol on the Base chain.
- 23:04JPMorgan: Crypto market correction may be mainly due to retail investors selling Bitcoin and Ethereum ETFsJinse Finance reported that JPMorgan analysts stated that retail investors have sold approximately $4 billion worth of spot bitcoin and ethereum ETFs in November, which has been the main driver of the recent cryptocurrency market correction. Meanwhile, retail investors are buying stock ETFs, increasing their holdings by about $96 billion this month, indicating that the cryptocurrency sell-off is not part of a broader risk-off sentiment.
- 22:41The probability of a 25 basis point rate cut by the Federal Reserve in December is 39.6%According to Jinse Finance, CME "FedWatch" shows that the probability of the Federal Reserve cutting interest rates by 25 basis points in December is 39.6%, while the probability of keeping rates unchanged is 60.4%. The probability that the Federal Reserve will cumulatively cut rates by 25 basis points by January next year is 50.2%, the probability of keeping rates unchanged is 29.7%, and the probability of a cumulative 50 basis point rate cut is 20.2%.