Past 12H Market Dynamics | BTC Market Value Over Silver, MicroStrategy Throws 2 billion Continues to Add Positions

In the past 12 hours, a series of noteworthy events have taken place in the crypto market. Here are some of the key developments:

$BTC hits $89,000, surpassing silver market cap

2. MSTR purchases 27,200 bitcoins

3. BlackRock $IBIT trading volume exceeds $4.40 billion

4. Added $2 billion USDT casting

5. Tesla's Bitcoin holdings are worth $1 billion

6. The Ethereum consensus layer roadmap will be released soon

7. $ACT and $PNUT listed on the head, low FDV Meme Coin boom

8. Mantle's $COOK Fee Reward

9. $BLUR fee conversion proposal

 

The details are as follows:

 

$BTC - Bitcoin continues its explosive rise, hitting $89,000 and surpassing silver in market capitalization.

MicroStrategy - Purchased 27,200 additional bitcoins for about $2.03 billion, pushing $MSTR stock to an all-time high after the session, topping $350.

BlackRock - $IBIT trading volume hit $4.47 billion yesterday, and total Bitcoin spot ETF trading volume reached $7.22 billion, the highest since March 14.

$BTC - Dennis Porter, founder of the Satoshi Action Fund, hinted that there will be big news about Bitcoin this week.

$USDT - Tether minted $2 billion of new USDT, in addition to more than $100 million of USDC minted.

Tesla - its bitcoin holdings are worth more than $1 billion.

$ETH - Justin Drake of the Ethereum Foundation hints at a redesign to be released at Devcon (Nov. 12)

The beacon chain roadmap of the Ethereum consensus layer, the market is looking forward to ETH 3.0.

The head office - the listing of $ACT and $PNUT triggered an explosive rise in low FDV Meme coins.

$COOK - Mantle's DeFi strategist @Defi_Maestro announced that $COOK is about to start distributing $cmETH rewards.

$BLUR - Split Capital proposed a "BLUR Fee Conversion" that would increase agreement fees and introduce a framework to reallocate fees to $veBLUR.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

You may also like

In 47 days, from earning $44 million to losing everything, Brother Maji's fate is determined by the "Gambler's Ruin Theorem"

Random walk, absorption wall, and negative drift.

ForesightNews•2025/11/20 19:44

ArkStream Capital: Q3 Upswing Comes to an End, Q4 Enters Repricing Phase

Entering the fourth quarter, the market faced both macroeconomic uncertainties and the eruption of structural risks within the crypto market itself. The market rhythm reversed sharply, shattering previous optimistic expectations.

Chaincatcher•2025/11/20 19:19

What else does bitcoin need to rise?

Will December be a turning point?

Chaincatcher•2025/11/20 19:19

ETH Plunge Storm: Multiple Trigger Factors Behind the Sharp Volatility

AICoin•2025/11/20 19:12