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1Bitget Daily Digest (Nov 21) | U.S. September Nonfarm Payrolls Unexpectedly Increase by 119,000; BTC Falls Below $86,000, Crypto Market Sees $834M in Liquidations; OpenAI Launches ChatGPT Group Chat Feature Globally2Bitcoin slump to $86K brings BTC closer to ‘max pain’ but great ‘discount’ zone3Bitcoin, stocks crumble after Nvidia earnings and Fed uncertainty over next rate cut
Flash
- 12:58The United States launches investigation into Bitmain over national security concernsJinse Finance reported that the United States has launched an investigation into BTC mining giant Bitmain due to national security concerns. Reportedly, the "Operation Red Sunset" led by the U.S. Department of Homeland Security is investigating whether Bitmain's mining machines could potentially be used for espionage activities or to disrupt the power grid in the United States. Currently, Bitmain has denied having any remote control capabilities and stated that the company "strictly complies with U.S. and applicable laws and regulations, and has never engaged in any activities that pose a risk to U.S. national security," calling the claims that it can remotely control devices "absolutely false."
- 12:58Nasdaq 100 index futures rise 0.4% intradayAccording to Jinse Finance, market data shows that Nasdaq 100 index futures have surged rapidly, reversing from a 0.6% intraday decline to a 0.4% increase.
- 12:48Glassnode Co-Founder: Bitcoin ETF Still Maintains Net Inflows, Cost Basis Remains IntactChainCatcher news, Glassnode co-founder Negentropic posted on X, pointing out that what is happening with bitcoin now is not a narrative shift, but rather a kind of "buffer" mechanism. Currently, ETFs are still maintaining net inflows, and the cost basis has not been damaged. Although some long-term holders are selling, Solana ETF inflows remain stable, and altcoins are performing better relative to BTC and ETH. Moreover, the overall cycle structure remains intact, ETF and spot demand are strong, and the macroeconomic environment is generally neutral to slightly bullish. The market has not capitulated, and the trend has not been broken. When the downward momentum is finally exhausted, the magnitude of the rebound may be much greater than the previous decline.