‘Smart trade’ — Eric Trump reacts after Dave Portnoy discloses XRP, BTC, and ETH purchases

The likelihood of a Federal Reserve rate cut in December has dropped to 33%, down from 67% at the beginning of November, coinciding with a decline in Bitcoin's price below $89,000. This shift reflects a significant change in investor sentiment and market dynamics.

Nvidia's earnings for Q3 exceeded expectations, resulting in a surge in its stock price and contributing to Bitcoin's recovery to $90,000, driven by strong data center revenue.

Anchorage Digital Bank has partnered with Mezo to integrate BitcoinFi tools into its custody platform, enabling institutions to borrow against Bitcoin (BTC) in a compliant manner. This collaboration aims to enhance institutional access to Bitcoin-backed loans, providing a structured path for financial entities to leverage their BTC holdings.

XRP investors are experiencing significant losses, with recent on-chain data indicating a sharp decline in profitable supply. The market remains fragile, despite XRP trading higher than its price from the previous year. Current statistics reveal increasing pressure on investors and a weakening market structure.

Bitcoin is currently trading around the $90,000 mark, reflecting a significant market shift. Analysts are divided on whether this decline below $100,000 signals the start of a bear market or if Bitcoin is poised for a recovery. Recent data indicates that nearly 7 million BTC are now at an unrealized loss, the highest since January 2024, highlighting the ongoing volatility and uncertainty in the cryptocurrency market.

Mike Alfred has purchased an additional 100,000 shares of Vivek Ramaswamy’s Strive, indicating his confidence in the company's growth potential. This investment could positively influence market perceptions and attract future investors.

Cypherpunk Technologies has acquired $18 million in Zcash holdings, marking a strategic shift towards privacy-focused cryptocurrencies and treasury management. This investment highlights the company's commitment to enhancing its portfolio in the growing cryptocurrency market.

Strategy stock has dropped by 10% amid ongoing volatility in Bitcoin prices and debates among traders. This decline underscores the risks associated with heavy exposure to cryptocurrencies, which may impact investor confidence and stability in related sectors.