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Preface: Investment carries risks and caution should be exercised everywhere. This content is not intended as a recommendation and is for reference only

Behind the rise in Bitcoin (BTC) prices in November: Is it a brief boom or a precursor to a bull market? After the Federal Reserve announced the news, counterfeit coins soared and Bitcoin remained stable! Let's explore.In recent times, despite the Federal Reserve's warning of interest rate hikes, the prices of cryptocurrencies such as Bitcoin (BTC) and Solana (SOL) continue to maintain a strong upward trend

The positive news of the Federal Reserve suspending interest rate hikes last night brought a wave of upward momentum to the market, as if igniting a spark of hope, with many currencies showing impressive gains. However, we cannot hastily assume that a bull market has arrived just because of this brief rise, nor can we easily assert that it is still in a bear market just because of this brief decline

There was a lot of information last night, let's review it first1. Last night, the pre release data for small non farm workers was 89000 people, with an expected 150000 people, while the actual released value was 113000 people

After being influenced by news in the early morning, the coin price has been rising all the way, reaching a new high near 35730, breaking the fluctuation range. Currently, the coin price is operating around 35600

Ethereum prices consolidated their gains below the resistance level of $1850 against the US dollar. ETH must remain above the support level of $1750 to begin a new upward trend

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Preface: Investment carries risks and caution should be exercised everywhere. This content is not intended as a recommendation and is for reference only

When it comes to predicting Bitcoin prices, we seem to encounter new and even more shocking things every day.To make a long story shortLuke Broyles stated that based on potential growth comparable to the early expansion of the internet, Bitcoin may reach $3 million per coin and mark BTC as the first three point asset

Recently, with the significant increase in BTC caused by ETFs, some counterfeit currencies have also followed suit. However, ETH has once again chosen to be absent, and the ETH/BTC exchange rate has hit a new low with an accelerating downward trend

With the rise of Bitcoin prices, Glassnode's latest data shows that the number of profitable Bitcoin addresses has reached 39.1 million

Author: HTXThe Chairman of the US SEC congratulates the 15th anniversary of the release of the Bitcoin White Paper; Musk: I prefer Ordinals over NFT; The Solana node can now be deployed on Amazon Cloud, and users can set up verification nodes; Celestia has issued a TIA airdrop and will automatically display the updated wallet.