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More →Bitcoin faces intense short selling as the dollar index surges to an 18-month high.
CoinWorld data: According to U.Today, as the U.S. Dollar Index (DXY) surged to an 18-month high, Bitcoin's selling pressure has become increasingly evident. Currently, Bitcoin is trading at around $82,490, down 1.62% over the past 24 hours and 4.61% over the past week, with a market capitalization approaching $1.65 trillion. The opening of a large number of short positions indicates weak spot demand, and the spot market has not yet seen enough buying pressure to reverse the short-selling situation. DXY shows a more aggressive upward trend on the 15-minute chart, rising from 102.12 to 102.55, breaking through the key psychological threshold of 102.50. Due to rising oil prices, major oil-importing countries (especially Europe and Japan) have been affected, causing their currencies to depreciate against the U.S. dollar. In addition, the Federal Reserve's increasingly hawkish monetary policy outlook is also driving the dollar stronger. The U.S. CPI data to be released on Wednesday will be the next key catalyst and could have a significant impact on market expectations for the Federal Reserve's next round of policy actions.
The United States plans to adjust stablecoin accounting rules, allowing qualifying stablecoins to be counted as cash equivalents.
According to Cointelegraph, the U.S. Financial Accounting Standards Board (FASB) plans to adjust stablecoin accounting rules, allowing qualifying tokens to be classified as cash equivalents on corporate balance sheets, thereby reducing accounting obstacles for companies adopting stablecoins. Under current accounting practices, stablecoins, even when fully backed by the U.S. dollar, may not be counted in a company's reported cash reserves, affecting liquidity ratios and loan covenants. The proposed rules would allow companies to use stablecoins for payments and settlements, but require them to have a direct redemption right against the issuer. Purchasing USDC through an exchange does not necessarily meet the criteria for cash equivalent recognition. In its 2025 annual report, Coinbase classified USDC and other payment-type stablecoins as cash equivalents, based on its redemption arrangement with Circle. The public comment period for the FASB's proposed rules will continue until November 19, after which the board will review feedback and determine the final accounting changes and effective date. The proposal comes as the market size of U.S. dollar stablecoins has exceeded $300 billion.
Bitcoin's market cap dominance stands at 59.09%.
According to Bijie.com data: Under Bijie.com's unified market methodology, Bitcoin's market capitalization accounts for 59.09% of the total cryptocurrency market capitalization.
Titleist Asset Management increased its stake in MicroStrategy to 33,173 shares, with an investment of approximately $5.1 million.
Bitcoin News: Titleist Asset Management recently disclosed that it has increased its holdings in MicroStrategy (MSTR) to 33,173 shares, with an investment of approximately $5.1 million. The company manages assets totaling $3 billion, and its investment advisors are increasing their Bitcoin exposure through treasury companies.
Evernorth Holdings（XRPN）在纳斯达克首秀股价上涨5%
According to Cointelegraph, XRP treasury company Evernorth Holdings (XRPN) saw its share price rise on its first day of listing on Nasdaq, with gains reaching as high as 5%.
BTC perpetual contract open interest totals 15.064 billion USD.
According to data from Bijie.com: under the statistical methodology of selected mainstream platforms, the total notional open interest of BTC USDT-margined perpetual contracts is 15.064 billion USD.
UK Maritime Trade Operations has received a report stating that
CoinWorld news, UK Maritime Trade Operations: received a report that a container ship was attacked by an unknown object while sailing in the Strait of Hormuz.
According to the pricing document
CoinWorld news, according to pricing documents, Qatar set the official selling price (OSP) for November marine crude at a discount of $8 per barrel to the Oman/Dubai benchmark, and the official selling price for land crude at a discount of $7.50 per barrel.
Qatar sets November marine crude official selling price at a discount of $8 per barrel to the Oman/Dubai benchmark.
Qatar has set the official selling price of its November marine crude at a discount of $8 per barrel to the Oman/Dubai benchmark, and the official selling price of its land crude at a discount of $7.5 per barrel to the Oman/Dubai benchmark, according to BiJie Network.
The long-short account ratio for ETH contracts is 2.69.
BiJie Network data: The ETHUSDT 4-hour long-short account ratio is 2.69, with more net long accounts than net short accounts. Compared with the same-caliber snapshot 24 hours ago, it decreased by 0.3214; compared with the same-caliber snapshot 7 days ago, it increased by 0.1641.