CryptMarket Analysis — 11-09-06
The crypto market continues its strong rally, with the total capitalization surpassing $4 trillion, as 95 of the top 100 coins post gains in the past 24 hours. This surge is fueled by upbeat sentiment following renewed expectations for Fed rate cuts and robust IPO and inflation data on deck. Regulatory momentum grows as U.S. Senate Democrats introduce their own crypto market structure framework, setting the stage for bipartisan negotiations over ethics, enforcement, and legislation pace, which could unlock further institutional investment. HashKey’s announcement of a $500M digital asset treasury fund signals strengthening demand for bitcoin and ether among institutional treasuries, bolstering the narrative around crypto’s role in corporate finance. Recent whale distribution raises short-term volatility risk, but structural uptrend signals remain intact.