Gate Research Institute: Altcoins rose in rotation over the weekend, and the first spot Bitcoin ETF index option is about to be launched

According to the Gate Research Institute Daily, on November 25, BTC and ETH maintained high fluctuations, with the BTC price rising by 0.24%, with a maximum of $98,549, a minimum of $95,735, and a key resistance level of $99,600; ETH price fell by 1.00%, with a key support level of $3,300; Altcoins performed brilliantly, especially the Metaverse and gaming sectors, which saw significant gains, with SAND rising by 73.5%; Solana’s DEX average daily trading volume exceeded US$6 billion, accounting for 45% of the market. In addition, CBOE announced that it will launch the first spot Bitcoin ETF index options on December 2, providing investors with new trading tools and further promoting the development of the Bitcoin derivatives market. Bitcoin spot ETF saw a net inflow of US$490 million in a single day, and Ethereum spot ETF saw a net inflow of US$91.21 million, showing that institutional investors’ interest in the crypto market has not diminished; market sentiment remains optimistic, and the fear and greed index rose from 80 to 82, still In the extremely greedy zone.