2025.11.20

Market trend
btc and eth continue to experience a downward trend, with altcoins generally declining. Once the data is released, the market may see a turnaround.
BlackRock continues to sell BTC and ETH. The market focus is on privacy coins.
U.S. stocks rebound, Nvidia's performance exceeds expectations. The dollar index rises, and the probability of a rate cut in December plummets to 31%.
Market Hotspots:
1. The rise of privacy concepts such as zec, strk, zk, etc. Eth has launched the latest major privacy upgrade, Kohaku. Privacy is a necessity similar to Swiss banks, combating AI big data scrutiny, with some gray market demand for btc flowing towards privacy coins. The three original intentions of btc's establishment: 1) Compliance replacing fiat currency (now there are stablecoins like usdt, usdc, etc.), 2) Scalability (now there are public chains like eth, sol, etc.), 3) Privacy and censorship resistance (currently only zec can be used). The first two original intentions are led by coins with market values in the hundreds of billions of dollars; Tether has a market value of $500 billion, and Eth reached a market value of $500 billion at its peak. Privacy is the only area that has not been massively developed.
2. The market capitalization of the high-performance public chain monad fell from 5 billion USD to 3.5 billion USD. #逆势上涨币种推荐