Weekly Crypto Updates Bitcoin (BTC) On November 21, Bitcoin briefly reached a peak of $99,000! Mining difficulty hit a new all-time high of 102.29T, a 0.64% increase from the previous update, with the network’s average hash rate now at 921.03 EH/s. Bitcoin ETFs in the US recorded a massive inflow of over $1 billion in just three trading days. Open interest in Bitcoin futures surged to an all-time high of $63.36 billion. Bitcoin ETFs now hold over 5% of the total BTC supply (around 1.04 million BTC), which equals 95% of Satoshi Nakamoto’s estimated holdings (1.1 million BTC), according to CryptoQuant. Ethereum (ETH) Ethereum ETFs experienced a record-breaking weekly inflow of $515 million. Solana (SOL) On November 22, Solana reached a new all-time high of $264. General Market Trends Weekly trading volume for altcoins surpassed $300 billion for the first time since 2021. Tron founder Justin Sun made headlines by purchasing a banana for $6 million. A user lost $2,500 after falling victim to a fake Solana API generated by GPT. That’s all for now!