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Russell 2000 Index Newsroom
Historic moment! Bitcoin surpasses $0.1 million, Trump continues to ignite the cryptocurrency market, cryptos concept stocks, and ETFs all soar.
According to data collected by CCData, the merged trade volume of cryptos doubled in November. The spot trade volume increased by 128%, reaching 3.43 trillion dollars, the second-highest figure since May 2021; the derivatives trade volume increased by 89%, reaching 6.99 trillion dollars, breaking a new record.
Witness history, bitcoin breaks through the $0.1 million mark! Another major country leader waving the flag for cryptos, Putin: bitcoin is better than forex reserves.
① It's not just usa President Trump; Russian President Putin is also clearly supporting cryptos now. ② On Wednesday, Putin questioned the necessity of Russia holding forex reserves and suggested that bitcoin might be a better option.
Daily digital currency updates (2024-12-05)
Bitcoin first broke through the $0.1 million mark on Thursday, with the market expecting the Trump administration to create a friendly regulatory environment for cryptos.
Breaking through 0.1 million! Bitcoin enters the era of "six figures".
Is it the hard currency of the 'cyberpunk' era, or a beautiful bubble created by capital speculation? Amidst these contrasting evaluations, bitcoin has spectacularly risen to 0.1 million dollars.
Putin: Bitcoin is better than the US dollar reserves, and no one can ban bitcoin.
Russian President Putin also explicitly supports cryptos, questioning the necessity of US dollar forex reserves, and praising bitcoin as a potentially better option.
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Powell: The economy is stronger than expected, the Federal Reserve can lower interest rates "more cautiously", and the Trump administration cannot appoint a shadow Fed chair; Trump nominates crypto-friendly Paul Atkins to be the SEC chair.
Powell's miscellaneous talk: There will be no "shadow Fed", bitcoin's competitor is gold.
①Federal Reserve Chairman Powell shared his personal career experience on Wednesday and expressed his views on issues such as the new Trump administration, the US economy, and bitcoin; ② Powell emphasized that the independence of the Federal Reserve is protected by law and stated that Trump's envisioned "Shadow Federal Reserve" is not possible.
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Bitcoin is sprinting towards the 0.1 million mark! Trump nominated crypto-friendly Paul Atkins as SEC chairman, and crypto concept stocks are soaring across the board.
After taking office, Atkins is expected to focus on reducing regulation and easing penalties for violations. He is currently the CEO of the consulting institution Patomak Global Partners. The institution stated that since 2017, Atkins has been committed to establishing best practices for the issuance and trading of digital assets as the co-chair of the advocacy organization Token Alliance for the crypto industry. Trump stated that Atkins recognizes that digital assets and other innovations are crucial for making the usa greater than ever.
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