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Daily Market Wrap | Nov. 14

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Hot Topics

Bitcoin plunges below $100K to $97,500 and spot ETFs suffer $869M outflow.

Tether’s dominance surges to highest since April, signaling risk aversion.

Strategy’s stock plunges 6.6% to $210, weakest in 13 months amid Bitcoin’s drop below $100K, yet trades at 19% premium to holdings’ value.

Market Updates

Uniswap launches Continuous Clearing Auctions on v4 for permissionless block-by-block token auctions, boosting DeFi price discovery and liquidity by seeding pools at clearing prices.

R25 launches rcUSD+, a yield-bearing RWA stablecoin backed by money market funds and structured notes, on Polygon to boost DeFi composability and bridge crypto-TradFi yields.

Aave Labs secures MiCA approval for zero-fee fiat-to-crypto ramps for GHO stablecoin in EEA, boosting DeFi accessibility.

BTC-1.82%
UNI-3.96%
AAVE-6.14%
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