BTC breaks through $89,000
the market shows BTC breaking through $89,000, currently at $89,008.58, with a 24-hour increase of 1.46%. The market is highly volatile, please manage your risk accordingly.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
DeFi Faces a Crisis of Confidence: Token Examination, Tether’s Rating Cut, and Intensified SEC Crackdowns Converge
- Edel Finance's token launch faces scrutiny as 160 linked wallets allegedly acquired 30% of its supply pre-launch, triggering a 62% price drop. - Tether's S&P downgrade to "weak" highlights risks from $12.9B gold and $9.9B bitcoin reserves, with gold holdings rivaling central banks. - SEC intensifies oversight, fining Yida Gao $4M for crypto fund misrepresentation while exchanges warn against crypto exemptions. - DeFi projects like World Liberty Financial spend $10M on token buybacks, yet WLFI remains dow

The Recent Rise in Astar (ASTR) Value: Unveiling the Driving Forces Behind the Latest Surge
- Astar (ASTR) price surge driven by institutional adoption, robust on-chain metrics, and cross-chain innovation, with TVL rising to $2.38M in Q3 2025. - Astar 2.0's 150,000 TPS throughput and dynamic tokenomics (4.32% inflation) attract institutional investors seeking scalable, stable blockchain solutions. - Partnerships with Sony , Toyota , and others validate Astar's enterprise-grade infrastructure, aligning with crypto-traditional finance convergence trends. - Projected $0.80–$1.20 price target by 2030

Hayes Focuses on High-Yield DeFi Initiatives Amid Growing Institutional Interest
- Arthur Hayes acquired 2.01M ENA , 218K PENDLE, and 33K ETHFI tokens via Cumberland, totaling $1.42M in DeFi projects focused on yield optimization and automated market-making. - The purchases highlight growing institutional interest in DeFi protocols offering structured products and tokenized derivatives, with ENA and PENDLE leading in governance and yield strategies. - Hayes's strategy aligns with leveraging on-chain data to target undervalued assets, potentially amplifying market sentiment but exposing

Bitcoin Updates: Major Institutions Propel Bitcoin Beyond $90K Amid Expanding ETF Investments
- Institutional investors drove Bitcoin above $90,000 in November 2025 through strategic ETF allocations, including Texas's $10M initiative and Harvard's $443M IBIT stake. - ETF flows showed $238M inflows into spot Bitcoin ETFs despite prior $3.5B outflows, reflecting maturing institutional diversification and crypto-friendly government frameworks. - Texas's planned self-custodied Bitcoin transition and Mubadala's tripled IBIT holdings highlighted growing acceptance of Bitcoin as a strategic reserve asset.

