As far as financial markets are concerned, November has been quite an interesting month. On the 10th of November, Rivian Automotive, an electric sport utility vehicle manufacturer, debuted on the Nasdaq at $78 to resounding success. By the close of the trading day, it had gained almost 30%. On Wednesday, the 17th of November, Bitcoin hit a new all-time high, going above $68,000 for the first time. Those are just two of the many notable events of November.
Let’s delve into each, one by one.
The Cryptocurrency Market
Events in the cryptocurrency market in the month of November range from regulatory concerns around Bitcoin BTC (and, by extension, other cryptocurrencies) to the increasing popularity of meme coins such as Dogecoin DOGE and Shiba Inu SHIB. Congress members have been divided about the possible effects on the Dollar. While…