U.S. stocks extended their rally as collapsing volatility and dovish Fed signals drove markets to price in an 80% chance of a December rate cut, bolstered by soft economic data and speculation that pro-cut economist Kevin Hassett may succeed Jerome Powell as Fed chair. A report released by the Labor Department showed an unexpected dip by first-time claims for U.S. unemployment benefits in the week ended November 22nd, with initial jobless claims slipping to 216,000, a decrease of 6,000 from the previous week's revised level of 222,000. New orders for U.S. manufactured durable goods increased by more than expected in the month of September, climbing by 0.5 percent after spiking by an upwardly revised 3.0 percent in August, with economists having expected durable goods orders to rise by 0.3 percent.
US Spot ETF Flows
Asset
Daily Inflow
Daily Change
Weekly Inflow
Total Assets
Daily Volume
BTC ETFs
$21.1M
-83.6%
$-1.3M
$117.7B
$4.6B
ETH ETFs
$60.8M
-22.6%
$236.1M
$18.9B
$1.4B
SOL ETFs
$-8.1M
-115.3%
$102.97M
$918.0M
$50.6M
XRP ETFs
$21.81M
US Spot ETF Inflows
US BTC Spot ETF Flows
US ETH Spot ETF Flows
Crypto Liquidations Summary
Liquidation Type
Value
% of Total
24h Change
Total Liquidations
$298.94M
-
$+10.72M (+3.72%)
Shorts
$229.22M
76.7%
$+81.13M (+54.79%)
Longs
$69.72M
23.3%
$-70.41M (-50.25%)
BTC
$132.41M
44.3%
$+41.88M (+46.26%)
ETH
$53.74M
18.0%
$-6.78M (-11.21%)
The BIS appointed IMF digital money expert Tommaso Mancini-Griffoli to lead its Innovation Hub from 2026, signaling a push toward regulated, public-backed digital money as the Hub accelerates major CBDC, tokenized deposit, and cross-border payment experiments.
Tether accounted for almost 2% of global gold demand last quarter according to Jefferies. Tether holds 116 tons of physical gold, placing it on par with central banks such as those in South Korea, Hungary and Greece.
S&P Global Ratings downgraded Tether’s USDT to its lowest “weak” rating over limited disclosure and rising exposure to high-risk assets, prompting CEO Paolo Ardoino to dismiss the assessment as outdated and defend Tether’s reserve model and stability.
Nasdaq increases option limits for BlackRock Bitcoin Fund, indicating Bitcoin markets are maturing and gaining mainstream recognition as a viable investment opportunity.
Bitcoin whales deposited 9,000 BTC to exchanges on November 21 according to CryptoQuant data, driving 45% of inflows.
