PANews November 22 news, this week the situation in the Crypto Assets market is even worse. At the time of writing, the trading price of Bitcoin is around $83,000, down 35% from its ATH of $126,000, nearly completely erasing the rise since April. This week, the “king of crypto” has fallen 18%, marking the strongest single-week fall since mid-November 2022. November is expected to record the worst monthly performance since the market pullback in June 2022. Here are the key points the market will focus on in the new week:
Monday 23:30, U.S. November Dallas Fed Business Activity Index;
Tuesday 21:30, US September retail sales month-on-month, US September PPI;
Tuesday 23:00, U.S. November Conference Board Consumer Confidence Index;
Wednesday 21:30, Initial jobless claims in the US for the week ending November 22;
For the United States, next week will not be very busy due to the Thanksgiving holiday, which means that data will be concentrated on the first three days of this week.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
French listed company Capital B raises $3.03 million to increase its BTC holdings.
Gate News, March 30, French listed company Capital B raised $3.03 million through a common stock subscription to buy more BTC. This round of financing included participation from Blockstream and UTXO Management, both under Adam Back.
GateNews32m ago
A giant whale opened a BTC long position worth $6.74 million using 40x leverage, with a liquidation price of $61,667
Gate News reports that on March 30, according to Hyperinsight monitoring, a whale address starting with 0xec4a...cf62 opened a long position of 100 BTC with 40x leverage, worth approximately 6.74 million USD. The whale's average opening price was 67,484.7 USD, with a liquidation price of 61,667 USD, and the current floating profit is approximately 26,000 USD.
GateNews53m ago
‘Extreme Fear’ Is Back but Bitcoin’s Price Recovery Depends on it: Santiment
Bitcoin dipped to a four-week low on Friday at $65,500 after it was rejected at $72,000 a few days earlier, which pushed the overall market sentiment back to ‘extreme fear’ territory.
However, the analysts from Santiment believe this could be the precise push BTC needs to stage a notable
CryptoPotato54m ago
The Clarity Act hangs in the balance: the SEC may hold crypto accountable, and Ripple and developers face immense pressure
The prospects of the "Clarity Act" are unclear, which may lead the SEC to reconsider cryptocurrencies as securities, increasing legal risks. Industry insiders warn that short-termism and conflicting interests may delay the passage of the bill, impacting the legal status of mainstream assets. Cryptocurrency lobbying groups are prepared to address regulatory risks, calling for unity to ensure the long-term safety of the industry.
GateNews56m ago