‘BITSANITY’ — Records broken with $70B in volume for Bitcoin stocks, ETFs
Summary
Trading volumes for the United States spot Bitcoin ETFs and stocks like MicroStrategy and Coinbase reached $70 billion on November 21, as Bitcoin surged above $98,300. This surpassed the previous record of $55 billion set the day before. MicroStrategy was the most-traded stock in the US, with its shares dropping over 25% from $536.7 to $397.28. Bitcoin achieved a new all-time high of $98,311, slightly retracing to $98,075, remaining under 2% from the $100,000 mark.
