# GateSquareDaily

📢 Gate Square Daily｜November 20
1️⃣ Nvidia reports strong earnings with $57B revenue for FY2026 Q3, beating expectations of $54.923B
2️⃣ Market rebounds following Nvidia’s results — Bitcoin climbs back to $91.5K
3️⃣ Fed minutes show deep internal disagreements, though the committee continues to maintain its rate-cut stance despite inflation risks
4️⃣ After the October Fed minutes, the market now prices in a 31.6% chance of a December rate cut
5️⃣ Preview: Tonight’s unemployment and nonfarm payroll data will serve as major catalysts for the next market move
#GateSquareDaily MarketUpdate #Cryp

1️⃣ Spot Gold plunged $100 intraday, now trading at $4,025.22/oz — marking a sharp pullback in the precious metals market.
2️⃣ Zelensky says Ukraine is ready to end the Russia-Ukraine conflict, signaling potential geopolitical relief.
3️⃣ The Federal Reserve proposes launching a “streamlined master account” system to simplify banking operations.
4️⃣ Bloomberg: BlackRock is drawing major Bitcoin holders into the Wall Street ecosystem, highlighting institutional growth.
5️⃣ Glassnode: BTC open interest dropped by ~30%, showing an effective flush of excess leverage in the crypto market.
📊 Summar

🌍 US Congress Bitcoin Reserve Bill: A Global Financial Turning Point
On September 18, the U.S. Congress advanced the Bitcoin Reserve Bill, proposing to acquire 1 million BTC in the next five years. This marks a historic shift—governments are no longer ignoring digital assets, they’re integrating them into national strategy.
🔑 Why It Matters
Bitcoin = “Digital Gold.” With gold above $3,700/oz, Bitcoin offers a hedge against inflation.
Strengthens U.S. financial sovereignty in a competitive global economy.
Pushes global adoption—other nations may be forced to follow.
🌐 The Global Domino Effec