ChainCatcher news, according to Coinglass data, in the past 24 hours, the total liquidation in the cryptocurrency market reached 383 million USD, with long positions liquidating 149 million USD and short positions liquidating 234 million USD. The total liquidation amount for BTC is 58.6126 million USD, and for ETH, it is 48.9399 million USD.

ChainCatcher news, according to Coinglass data, the total liquidation amount in the cryptocurrency market in the past 24 hours reached 281 million USD, with long liquidations amounting to 173 million USD and short liquidations amounting to 108 million USD. The liquidation amount for BTC was 65.57 million USD, for ETH it was 31.09 million USD, and for XRP it was 17.35 million USD. A total of 112,865 people were liquidated in the past 24 hours, with the largest single liquidation occurring in the BTC-USDT-SWAP trading pair on OKX, amounting to 3.89 million USD.

ChainCatcher news, the U.S. October CPI data released last night fully met market expectations, causing little stir in the market. However, the data performance has increased market confidence that the Federal Reserve will cut interest rates again next month, with the probability of a 25 basis point cut in December rising from about 58% earlier on Wednesday to around 80%.According to 4E monitoring, U.S. stocks showed volatility on Wednesday, with the three major indices collectively turning negative at the start, then rebounding to rise, but significantly narrowing gains by the end of the day, with the Nasdaq closing down 0.26%, the S&P 500 slightly up 0.02%, and the Dow Jones up 0.11%. The "Tech Seven Sisters" had mixed performances, and most cryptocurrency concept stocks retreated.The cryptocurrency market regained momentum after a brief pullback. Bitcoin broke through the important $90,000 mark last night, reaching a high of $93,265, then retreated after hitting a new historical high, and as of the time of writing, it was at $89,586. Bitcoin's market capitalization has now surpassed Saudi Aramco, making it the seventh largest asset in the world. Meme coins continue to rise, leading various sectors and becoming the focus of investors' attention.In the forex and commodities sector, after the CPI release, the dollar index initially fell and then rose, reaching a 13-month high since October last year, putting pressure on other currencies, with the offshore yuan falling below 7.25 yuan. Oil prices rebounded on Wednesday, closing up over 0.45%, lingering at two-week lows. The rise in the dollar and U.S. Treasury yields pressured gold prices to decline for the fourth consecutive trading day, hitting a near two-month low.The CPI data, which was in line with expectations, increased the probability of another rate cut by the Federal Reserve in December and helped to some extent alleviate market concerns about inflation prospects following a potential Trump victory. Currently, the market is focused on Thursday's PPI and weekly initial jobless claims, Friday's retail sales data, and comments from Federal Reserve Chairman Powell and other Fed officials. eeee.com is a financial trading platform that supports assets such as cryptocurrencies, stock indices, commodities like gold, and forex, recently launching a USDT stablecoin financial product with an annualized yield of 5.5%, providing investors with potential hedging options. 4E reminds you to pay attention to market volatility risks and to allocate assets wisely.

ChainCatcher news, according to local media reports in South Korea, the Korea Exchange stated on the 13th that the average daily trading volume of KOSPI and KOSDAQ in January this year was about 20 trillion won, which has shrunk to around 15 trillion won this month.According to CoinMarketCap statistics, on the 13th, the total trading volume of the five major cryptocurrency exchanges in South Korea (Upbit, Bithumb, Coinone, Korbit, Gopax) reached 34.674 trillion won in the past 24 hours.The cryptocurrency trading volume is about 1.5 times the trading volume of KOSPI (12.848 trillion won) and KOSDAQ (7.4123 trillion won) from the previous day.

ChainCatcher news, according to Lookonchain monitoring, in the past 12 hours, another 1.34 billion USDT has flowed from Tether Treasury to exchanges, with a large amount of funds pouring into the cryptocurrency market.

ChainCatcher message, according to SoSoValue data, last week (Eastern Time November 04 - November 10) saw a net inflow of 6.283 billion USD into the cryptocurrency market.Among them, the weekly net inflow for Bitcoin and Ethereum spot ETFs in the U.S. reached 1.792 billion USD; the weekly net inflow for fiat-backed stablecoins (USDC, USDT, FDUSD, TUSD, PYUSD, USDP, GUSD) reached 4.492 billion USD.As of the time of writing, the total cumulative net inflow into the cryptocurrency market has reached 183.19 billion USD.Note: The inflow of USD into the cryptocurrency market is an exclusive market indicator from SoSoValue. This indicator combines the cumulative net inflow of ETFs with the inflow of fiat-backed stablecoins, clearly reflecting the actual amount of fiat funds flowing into the cryptocurrency market.

ChainCatcher news, according to The Block, an analysis team led by Gautam Chhugani at Bernstein stated that the regulatory headwinds for the cryptocurrency market have turned into tailwinds following Donald Trump's victory in the elections.The analysts also reiterated their bullish cycle target for Bitcoin to approach $90,000 by the end of this year and reach $200,000 by 2025, anticipating that the new "crypto-friendly" SEC chairman and Senate Banking Committee will accelerate regulatory transparency for the industry.

ChainCatcher news, HashKey Group Chief Analyst Jeffrey Ding analyzed that on the betting market Polymarket, Trump's odds have surged to 90%. Meanwhile, the price of Bitcoin has also seen a historic breakthrough, briefly surpassing 75,000 USDT, with a daily increase of over 8%. This phenomenon indicates that the market's expectations for Trump's election are translating into positive investment sentiment towards Bitcoin, and the strengthening trend of Trump suggests that Bitcoin may enter a fast lane of rapid price increases.It can be seen that the skyrocketing probability of Trump's election has been regarded as the "starting gun" for the cryptocurrency market. It is expected that in the future, until Trump takes office in the White House, the digital currency market will continue to digest this positive news. A series of policies supporting cryptocurrencies that Trump promised during his campaign, including incorporating Bitcoin into the national reserve and replacing the current SEC Chairman Gary Gensler, are all seen as significant benefits for the market. Given that Trump is known for his "campaign promises must be fulfilled," we have reason to expect these policies to be gradually implemented after he takes office.The expectation of these policies being implemented, combined with the high probability of Trump's election, provides strong support for the price increase of Bitcoin and other cryptocurrencies. Market participants generally believe that Trump's victory is more favorable for the cryptocurrency industry compared to the Democratic candidate Kamala Harris. Therefore, as Trump's election probability rises, the market performance of Bitcoin and other cryptocurrencies is worth looking forward to, and investors should closely monitor relevant policy trends and their impact on the market.

ChainCatcher news, according to Greeks.live macro researcher Adam's post on the X platform, this week is the U.S. election week. Currently, there is a lot of uncertainty surrounding the U.S. elections. Over the past month, Trump's popularity has been high, but Harris's chances of winning are gradually increasing during the election process. The U.S. elections have a significant impact on the entire market. There is also a monetary policy meeting on Friday, and the market generally expects a 25 basis point rate cut. Currently, the cryptocurrency market is primarily in a wait-and-see mode for risk aversion. This week's at-the-money implied volatility (IV) has risen to 80%, and this month's options IV is significantly higher than that of long-term options. There may be significant market movements in the coming days.

ChainCatcher news, according to China Fund News, the "Trump trade" seems to have cooled down, and the virtual currency market is once again "bleeding." Previously, analysts pointed out that the rise in cryptocurrency was related to multiple news stimuli. Among them, Trump's polling surpassing Harris was the biggest stimulating factor. Given Trump's high enthusiasm for the crypto industry, during the campaign, the crypto industry spent a significant amount of money to promote its agenda, and Bitcoin was also referred to as the "Trump trade." As Trump leads in the prediction market, Bitcoin also "rose with the tide."Ed Yardeni of Yardeni Research Inc. wrote in a report: "While Bitcoin may decline if Harris wins the election, the response of Bitcoin to Trump's election as president is harder to gauge. Bitcoin may continue to rise, or considering the increase so far this year, it may experience the typical 'buy the rumor, sell the news' situation."

ChainCatcher news, according to Jinshi reports, JPMorgan analyst Nikolaos Panigirtzoglou pointed out in a report this Monday that the spot Bitcoin ETF attracted $1.3 billion in new investor funds in the first two days of this week, bringing its total inflow for October to $4.4 billion, making it the third-largest month for net inflows since the launch of the spot Bitcoin ETF in January. In another measure of retail investors' "animal spirits," meme stocks and AI-related tokens also outperformed the overall cryptocurrency market.It is reported that the concept of "animal spirits" was proposed by economist Keynes, emphasizing the impact of investor sentiment and psychological factors on the market. He believed that the stock market is driven by investor confidence and expectations. When investor confidence is strong, the stock market tends to perform well; when investor sentiment is low, the stock market may decline.

ChainCatcher news, according to Coindesk, Citigroup (C) stated in a research report on Wednesday that a significant victory for the Republican Party in the upcoming U.S. elections would be the most favorable outcome for Coinbase and the cryptocurrency market, while a victory for Harris and a split Congress could lead to more uncertainty in the digital asset industry.Analysts led by Peter Christiansen wrote, "The Trump/Vance combination has publicly supported digital asset reform, and Republican control of the Senate is crucial for passing bills like FIT21 and confirming pro-crypto institutional leaders. With consensus in both chambers of Congress, the pace of digital asset reform may accelerate."However, the report noted that a Republican victory in the Senate and a Democratic victory in the House would still be beneficial for Coinbase and the cryptocurrency market. The U.S. elections will be held on November 5, with results announced on November 8.

ChainCatcher news, according to Chosun Biz, at the 2024 Seoul Fintech Week, Lee Hyun-deok, head of the Virtual Asset Regulatory Bureau of the Financial Services Commission (FSC) of South Korea, emphasized that although the current impact of the cryptocurrency market on financial stability is still limited, this impact is expected to intensify.He pointed out that the recent cryptocurrency regulatory measures introduced in South Korea may trigger further discussions on regulatory details, leading to regulatory uncertainty. This uncertainty could potentially affect innovation and development in the cryptocurrency sector.

ChainCatcher message indicates that, according to CCData, Binance's combined market share in spot and derivatives trading fell to its lowest level since September 2020 in September.Its spot trading volume decreased by nearly 23% compared to August, bringing its spot market share down to 27%, the lowest since January 2021. The platform's derivatives trading also dropped by 21%, with a market share of 40.7% in CEX, the lowest level since September 2020.

ChainCatcher news, Coinglass data shows that in the past 24 hours, the cryptocurrency market experienced a total liquidation of $523 million in contracts, including $450 million in long positions and $72.6369 million in short positions.