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Argentina's new president took office last week, triggering market speculation about whether Argentina will use bitcoin as legal tender to combat Argentina's vicious inflation like El Salvador, and bitcoin rose sharply because of this news, instantly exceeding $38,000, and the bitcoin futures exchange in the United States even had a premium, more than $39,000. The mysterious whale has been adding to bitcoin for more than $34,000 since October 31 and now has about 7,600 bitcoins in his wallet. Not only that, but the 74th-ranked Bitcoin wallet accumulated about 3,000 BTC from November 22 to 25, with an average purchase price of more than $37,000. Next Monday there is home sales data, Tuesday consumer confidence, Wednesday Q3 GDP, Thursday core PCE inflation, initial jobless claims, and manufacturing PMI on Friday.
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#PCE #GDP #PMI