Why Crypto Going Up: Top Reasons Fueling Bullish Sentiment

Why Crypto Is Up Today: What’s Driving the Market Upswing?

Spot Bitcoin ETFs See $1.67 Billion Inflows in One Week

During the trading week of Nov. 11–15, spot Bitcoin ETFs experienced net inflows of $1.67 billion, marking the sixth consecutive week of positive inflows. Data from crypto tracking service SoSoValue confirms this strong performance.

Total Inflows Reach Nearly $9 Billion Over Six Weeks

Since Oct. 11, spot Bitcoin ETFs have witnessed continuous weekly inflows, amounting to a total of $8.95 billion. This consistent increase has raised the total assets under management (AUM) for these ETFs to $95.4 billion. This figure now represents approximately 5.27% of Bitcoin's overall $1.8 trillion market cap.

Strategic Bitcoin Initiatives: Poland and Global Trends

Polish Presidential Hopeful Commits to Bitcoin Reserve

Sławomir Mentzen, a candidate in Poland's 2025 presidential election, has pledged to establish a national Bitcoin reserve if elected, following in the footsteps of the U.S. President-elect Donald Trump, who has made a similar promise.

Mentzen's commitment aligns with crypto advocate Lech Wilczynski’s push for strategic cryptocurrency policies, echoing global initiatives like those in El Salvador and Bhutan that view Bitcoin reserves as valuable assets for future economic stability.

Bitcoin’s Market Performance and Dominance

Bitcoin Surpasses $92,000 with Strong Year-to-Date Growth

Bitcoin (BTC), the leading cryptocurrency by market capitalization, currently trades around $92,000, showcasing a 115% rise so far this year. This surge contributes to the total cryptocurrency market, which has now exceeded $3.05 trillion. Over the past 24 hours, the total trading volume for cryptocurrencies reached $194 billion. Bitcoin’s market dominance stands at 56.4%, while Ethereum holds an 11.6% share.

Metaplanet’s Bold Move : Issuing Bonds to Buy Bitcoin

Metaplanet to Issue $11 Million in Bonds for Bitcoin Investments

Tokyo-based firm Metaplanet announced plans on Nov. 18 to raise 1.75 billion yen (over $11 million) through bond issuance aimed at purchasing Bitcoin.

The bonds, which carry a 0.36% annual interest rate and mature on Nov. 17, 2025, are linked to EVO FUND and secured by the property of Hotel Royal Oak Gotanda, providing security for investors. This approach mirrors MicroStrategy’s well-known strategy of using debt to acquire Bitcoin. To date, Metaplanet has secured 1,018 BTC worth approximately $92.33 million, resulting in a staggering 1,150% increase in its stock this year.