Bitcoin jumps as considerably as 10% with crypto current market topping $1 trillion as U.S. generates backstop for SVB depositors

Bitcoin jumps as considerably as 10% with crypto current market topping trillion as U.S. generates backstop for SVB depositors

Important Details

Cryptocurrencies rallied on Monday as the U.S. authorities moved to secure depositors of the collapsed Silicon Valley Lender and HSBC bought the bank’s U.K. arm.
Bitcoin rose 10% at 3 a.m ET to $22,560.20, its maximum degree in 10 days.
The U.S. Treasury, Federal Reserve and Federal Deposit Insurance Company stated Sunday that depositors of SVB will have obtain to all of their money commencing Monday.
HSBC said it experienced agreed to receive the U.K. arm of SVB for £1 ($1.21).
The U.K. Treasury said Monday that “no taxpayer revenue is concerned, and customer deposits have been shielded.”

Supply

Finance

Markets no longer view the December rate cut as a sure bet, with Fed officials casting doubts

November 13, 2025

Key Points Federal Reserve Chair Jerome Powell wasn’t kidding a couple weeks ago when he said a December rate cut wasn’t in the bag. Whereas traders as recently as a few days ago were pricing in at least a 2-to-1 probability of a quarter percentage point cut, that’s now flipped to a coin toss. As […]

Finance

TKO, Polymarket strike multiyear deal to integrate prediction markets into UFC events

November 13, 2025

Key Points The deal makes UFC and Zuffa Boxing the first sports organizations to incorporate prediction market technology into live events. Polymarket will provide real-time data visualizations of fan sentiment and momentum during fights, offering an additional layer of engagement alongside traditional sports betting. Source

Finance

Stocks making the biggest moves premarket: Walt Disney, Cisco Systems, Firefly Aerospace and more

November 13, 2025

Check out the companies making headlines before the bell: Walt Disney Company — The media giant fell more than 4% on mixed fiscal fourth-quarter results . The company earned an adjusted $1.11 per share, beating an LSEG estimate of $1.05 per share. Revenue, however, came in at $22.46 billion, below a consensus forecast of $22.75 […]