Metaplanet CEO: Bitcoin's new high reflects the awakening of a trusted monetary system

- Bitcoin's market dominance fell to 59.90% in November, signaling potential capital rotation to altcoins as analysts debate an emerging altcoin season. - Mixed signals from the Altcoin Season Index (100 vs. 28) reflect fragmented sentiment, with Solana and XRP attracting $146M in institutional inflows amid Bitcoin outflows. - Technical indicators suggest a "dead cat bounce" in Bitcoin dominance, with historical parallels to 2019-2020 cycles hinting at prolonged altcoin-friendly conditions. - JPMorgan fore

- MicroStrategy CEO Saylor dismissed Bitcoin sale rumors after a $5.7B wallet transfer, reaffirming the company's commitment to buying more crypto amid market volatility. - The mNAV ratio dipping below 1 triggered fears of a "death spiral," as MicroStrategy's market cap now lags behind its Bitcoin holdings, raising leverage risks. - Competitors like BSTR and Reitar Logtech are expanding Bitcoin treasuries, reflecting growing institutional interest despite market uncertainty. - Critics warn of forced liquid

- Fed officials' divided views on rate cuts triggered global market declines, with Asian and European indices falling amid inflation concerns. - UK unemployment rose to 5.0% while Switzerland secured a 15% US tariff cut, boosting growth projections and bilateral investments. - Data gaps before the Fed's December meeting intensified uncertainty, with investors pricing in shifting cut probabilities and hoarding $7.535T in cash. - Central banks face balancing acts as 10-year Treasury yields climbed to 4.125%,

- Solana ETFs (BSOL/GSOL) gained $370M in inflows despite SOL hitting 5-month lows amid broader crypto declines. - Contrasts Bitcoin/ETH ETF outflows ($870M BTC exodus) as institutional demand for Solana remains strong. - Technical indicators signal potential $100 support break, but ETF inflows persist with NYSE options boosting participation. - Market divides: $150 resistance vs. $142 support levels, with RSI near oversold but bullish divergence emerging.