CoinEx Daily: Bitcoin Price Nears $82,000; SUI Hits All-Time High

Overview

Bitcoin’s price continues to climb with minimal resistance, reaching close to $82,000. SUI showed remarkable performance over the weekend, surging from $2.2 to $3.2.

Daily Macro

Bitcoin Market Status:Bitcoin surpassed the $80,000 mark, nearing $82,000. The crypto market as a whole is experiencing a rebound, with notable gains in some altcoins.

Bitcoin ETF Activity:On November 11, preliminary reports indicate a net inflow of $293 million last Friday.

Ethereum ETF Activity:On November 11, preliminary reports show a net inflow of $85.85 million last Friday.

Macroeconomic Data:Following the confirmation of Trump’s presidential election, capital has started to flow back into the crypto market, leading to significant price recovery.

Daily Focus

ADA

Reason for Focus:Rumors suggest that Cardano founder Charles Hoskinson may join the Trump administration in 2025. Hoskinson has hinted at plans to help shape U.S. crypto policy under Trump’s administration.

Related Token Performance (7D):

ADA: +76%

Market Analysis: Since no official statement has been released from Trump’s team, the rumors about ADA’s founder remain unconfirmed. Investors should approach this news with caution.

Next Focus

DOGE

Reason for Focus:DOGE’s market cap has surpassed that of XRP and USDC, making it the sixth-largest cryptocurrency. Previously, Musk hinted at naming a government efficiency department as D.O.G.E. Today, he also retweeted a post from DogeDesigner.

How to Participate: DOGE is frequently mentioned by Musk, and if the D.O.G.E department is established, it could be a significant catalyst for DOGE’s future growth.