BTC just hit its highest weekly close ever. Exciting news, right? This week, Nvidia's results are coming out, and BONK has reached a market cap of $5 billion. Solana is really taking off!
Now, let's talk numbers. BTC ETFs saw outflows of $370 million. Meanwhile, ETH ETFs dropped by $60 million. The total market cap for crypto has hit an all-time high. XRP has broken above $1.3, fueled by hopes for a regulatory shift. And there's buzz that Gensler might resign after Thanksgiving.
Solana (SOL) is making waves, hitting $250 as the memecoin frenzy continues. Last week, BTC ETFs brought in $1.7 billion, while ETH ETFs saw their highest weekly inflows ever. Interestingly, the ETH/BTC pair broke an eight-year support line.
Base and SOL are leading the charge with the highest weekly inflows compared to ETH. In a surprising twist, DOGE investors are suing Elon Musk for a whopping $248 billion. And in other news, Trump has been unlocked from restrictions.
Metaplanet aims to raise an additional $11.3 million to buy BTC. Some analysts predict BTC could reach $100,000 in just weeks. Galaxy is optimistic about this projection. Cathie Wood believes BTC could hit between $1 million and $1.5 million by 2030. RFK has mentioned that most of his wealth is in BTC.
Tether has launched stablecoins that comply with MiCA regulations. On another front, Elon Musk has blocked OpenAI's plans to issue a token. Lastly, New York is planning to allocate fewer resources to crypto-related convictions.