市场意识到企业若将巨额资金投入数据中心建设，必将侵蚀盈利潜力。

On Nov 25, 2025, 09:01 AM(UTC). According to Binance Market Data, Bitcoin has dropped below 87,000 USDT and is now trading at 86,957.953125 USDT, with a narrowed narrowed 0.19% increase in 24 hours.

OKX 行情显示，BTC 跌破 87000 USDT，现报 86989.5 USDT，24H 涨幅收窄至 0.11%。 （本条快讯由AI辅助生成）

本次圆桌汇集了Aster、Lighter、Helix三家链上永续合约交易所（Perp DEX）的核心成员。

According to Odaily, data from Santiment reveals that since November 11, there has been a 0.47% increase in the number of wallets holding at least 100 Bitcoins, totaling 91 additional wallets. In contrast, the number of smaller wallets, particularly those holding 0.1 Bitcoin or less, has been declining. Santiment suggests that in the long term, the selling activity by retail investors often positively impacts cryptocurrency prices.

Web 3.0,加密市场,拉美加密掘金：抢滩 Web3 链上数字银行 金色财经,加密原生 Web3 链上银行已经崭露头角。

Pepperstone 研究主管 Chris Weston 表示，“市场高度关注每位美联储票委的立场及其对 12 月降息的看法。鉴于市场（和美联储）尚未拿到通常会影响其政策决定的数据，这是合理的。也许最大的未知数是鲍威尔本人的观点，但总的来说，人们可以假设他会投票支持 12 月降息。”到目前为止，降息押注的突然转变对美元的影响有限。美联储官员对下一步可能采取的行动仍存在分歧，因为该行仍没拿到全套数据。Weston 说：“在劳动力市场脆弱、美国短期和长期通胀预期都在下降的情况下，12 月维持利率不变将是一种脱节，市场可能反应不佳。”(金十)

Santiment 发布数据指出，自 11 月 11 日以来，持有至少 100 枚比特币的钱包数量增加了 0.47%（91 个钱包）。与此同时，小额钱包（尤其是持有 0.1 枚或更少比特币的 BTC）的数量一直在减少。Santiment 表示，从长远来看，散户的抛售通常会对加密货币价格产生积极影响。

According to Foresight News, Wintermute has indicated that despite initial setbacks due to AI market stagnation and subsequent impacts from the Federal Reserve's adjustments, the digital asset market's internal structure now appears healthier. Major cryptocurrencies are demonstrating clearer relative strength, with market sentiment fully cleared and excess leverage largely dissipated. The total open interest in perpetual contracts has decreased from approximately $230 billion at the beginning of October to around $135 billion today, primarily due to the deleveraging of long-tail assets and the withdrawal of systematic funds. This shift has redirected market activity back to the spot market, where depth and liquidity have exceeded expectations during a quiet holiday week. With leverage significantly reduced and capital flows dominated by the spot market, recovery tends to be more orderly compared to the mechanically driven short squeezes seen earlier this year. Negative funding rates and net short positions in perpetual contracts have also lowered the risk of further passive liquidations. If the macroeconomic environment stabilizes, this could provide the market with more breathing room. The upcoming trading days will set the tone for entering the final month of the year, but after weeks of macro-driven pressure, conditions for market consolidation are finally in place.

Berachain's anonymous co-founder rejected investigative reports revealing Nova Digital secured unusual refund rights on its $25 million Series B investment, intensifying scrutiny over the layer-1 blockchain's funding transparency as BERA trades at $1. 02. source: https://cryptonews.com/news/berachain-founder-calls-25m-refund-report-inaccurate-and-incomplete/

Your weekly macro cheat sheet. source: https://www.blockhead.co/2025/11/25/a-data-crunch-week-with-much-less-data-than-usual/

Mining profitability is under pressure as network competition reaches historic levels and margins shrink. source: https://atlas21.com/bitcoin-mining-profitability-declines-amid-record-hashrate-and-falling-price/?utm_source=rss&utm_medium=rss&utm_campaign=bitcoin-mining-profitability-declines-amid-record-hashrate-and-falling-price

null source: https://x.com/solidintel_x/status/1993235390749139117

Analysts from Bitcoin For Corporations (BFC) are accusing JP Morgan Chase of orchestrating the October 10, 2025, crypto market crash, alleging the bank strategically resurfaced a 42-day-old internal investor note to reignite fears around MicroStrategy.

Apple has cut dozens of sales jobs as it reshapes how it deals with business, education and government clients. Some of the work is being shifted to third-party resellers instead.

Pump.fun has secretly transferred more than $436 million worth of USDC to cryptocurrency exchange Kraken following a market meltdown that has resulted in a record $19 billion market crash, throttling retail speculation and sharply reducing activity across memecoin ecosystems.

比特币从来都不是货币的未来。它只是监管战争中的一件攻城槌。如今这场战争即将结束，而支撑比特币发展的资金也正在悄然撤离。

BTC,ETH,财库,ETF,政策,囤币公司 还能撑多久？ 金色财经,潮水退去，囤币公司深度陷入死亡螺旋。

A man posing as a delivery worker forced his way into a home and made the resident hand over access to a crypto wallet, stealing millions. The attack shows a rise in violent “wrench attacks” targeting crypto holders in the real world.

X’s has just rolled-out a new feature which would expose an account holder's country. This new release has unleashed a tidal wave of concern among crypto users, who say that platform is forcing them into involuntary exposure.