News
Markets React to US Election Results and Global Trends
Democrats captured both chambers of Congress, prompting a brief dip in Bitcoin to $75,700 before rebounding above $78,300, while spot Bitcoin ETFs saw $1.16 billion net outflows. Central banks increased gold purchases by 42% in Q3, offsetting a 4.9% monthly price drop, as retail demand fell sharply. Beijing ordered a pause on IPOs and large share sales after the CSI 300 fell 8.5% in October, warning of AI‑related capital crowding. BlackRock transferred 7,244 BTC and 63,595 ETH to Coinbase Prime, continuing a month of large ETH outflows.