SoSo Daily Nov 12 | MicroStrategy Buys Another 27,200 BTC for $2B; Bitcoin Profits Sit at $11B

According to sosovalue, the price of $BTC is 88,648 USD, an increase of 10.3% from yesterday. The market cap of $BTC is 1.75 trillion USD, accounting for 56.4% of the total market cap; $BTC's 24-hour trading volume is 128.21 billion USD, making up 36.1% of the total trading volume.
The price of $ETH is 3,372.2 USD, up 5.94% from yesterday; the market cap of $ETH is 406.09 billion USD, representing 13.1% of the total market cap; $ETH's 24-hour trading volume is 60.12 billion USD, comprising 16.9% of the total trading volume.
The combined market capitalization of $BTC and $ETH accounts for 69.5% of the total cryptocurrency market cap, and their combined trading volumes constitute 53% of the total trading volume.

After reviewing the overall crypto market situation, let's shift our focus to the top 5 token gainers of the day:
As of 23:50 UTC0 time, according to sosovalue, the top five token gainers are:
Top 1 gainer is Flavia Is Online. As of 23:50 today, its market cap is 2.80M, with a coin price of 0.0028013 USD, witnessing a 24-hour increase of 194%.
The second is Super Trump. As of 23:50 today, its market cap is 10.85M, with a coin price of 0.0046390 USD, witnessing a 24-hour increase of 102%.
The third is slop. As of 23:50 today, its market cap is 4.65M, with a coin price of 0.0046490 USD, showing a 24-hour increase of 94.3%.
In fourth place is Comedian. As of 23:50 today, its market cap is 62.43M, its coin price is 0.062434 USD, with a 24-hour rise of 92.7%.
In fifth place is Pixelverse. As of 23:50 today, its market cap is 4.38M, its coin price is 0.0059790 USD, increasing by 69.9% over the last 24 hours.


Moving on, let's take a look at the sector performance in the crypto market.
According to sosovalue, out of 16 sectors, 16 are up and 0 are down. Notably, Meme, AI, and $BTC sectors are worth mentioning.
Meme sector has risen 16% relative to the UTC 0 time, led by gains in FLAVIA (184%), slop (109%), and STRUMP (100%).
AI sector has increased 11.4% relative to UTC 0, with FLAVIA (184%), LUNA (34.9%), and paal (26.4%) leading the rise.
$BTC sector has risen 10.3%, with $btc (10.3%) leading the rise.

Let's go through the Crypto news worth paying attention today according to sosovalue:
The first is:MicroStrategy Buys Another 27,200 $BTC for $2B; Bitcoin Profits Sit at $11B
Next news:

According to Bitget market data, Bitcoin has broken through 80,000 USDT, currently priced at 80,013.10 USDT, with a daily increase of 4.63%.

Next news:The price of bitcoin broke the $85,000 level, reaching $85,101, following the election of Donald Trump as the 47th president of the United States. Pro-crypto voters bet that if Trump won, bitcoin's price would increase. Bitcoin's price could reach up to $90,000 by January, according to Bernstein analysts. Other digital assets like DOGE also saw significant gains.
Next news:BTC has broken through $82,000, currently priced at $82,125.60 per coin, with a daily increase of 3.06%.
Next news:StakeStone successfully completed a $22 million financing round, led by Polychain Capital, with strategic investments from Binance Labs and OKX Ventures. SevenX led the seed round, with participation from Nomad Capital and HashKey Capital.
Next news:Bitcoin touches record-high $85K, adds almost $20K in a week
Next news:According to Bitget market data, Ethereum has broken through 3,300 USDT, currently reported at 3,300.66 USDT, with a daily increase of 3.70%.
Next news:According to Foresight News, mbd has completed a $3 million Pre-seed funding round, led by Mask Network and Polymorphic Capital, with participation from a16z CSX, Forward Research, Social Graph Ventures, and WAGMI Ventures.
Next news:Polymer Labs has launched Polymer Hub, a real-time interoperability protocol for connecting all Ethereum rollups. The protocol offers significant improvements in cross-chain communication latency, bandwidth, and cost compared to existing solutions. Polymer aims to make cross-chain interoperability as fast, efficient, and affordable as blockspace itself, enabling Ethereum applications to scale to the next million users.
Next news:A Republican sweep is the best result for the digital assets sector and could bring positive regulatory change, the report said.

Okay that's all for today. Thank you for tuning in, and we hope you found it helpful. Visit sosovalue.com, our one-stop financial research platform for crypto investors, to stay abreast of the latest market trends and key information. Until next time, goodbye.