Market saw a rebound after $BTC briefly dipped below 90K during Asia hours. As of now, $BTC is trading at $92,962 and $ETH at $3,123, with Bitcoin dominance at 59.03%.
Kraken has raised $800 million across two recent tranches — including a strategic investment from Citadel Securities — lifting its valuation to $20 billion as it pushes toward an early-2026 IPO. The exchange continues expanding through acquisitions and recently recorded $40.5 billion in October trading volume and $472 million in Q1 2025 revenue.
A few other headlines include: New Hampshire approves the first state-backed $100M municipal bond backed by bitcoin, Coinbase partners with Kalshi to develop a prediction-market platform, and Sonnet BioTherapeutics postpones its merger vote to Dec. 2.
During the last 24 hours, the top three gainers were $WBT, $SPX, and $AB, while the top three losers were $ICP, $DASH, and $CC.
