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5 Must-Read Articles for the Evening | Turning Point in the U.S. Stock Market
1. Why Enlivex, endorsed by former Italian Prime Minister, chose Rain as DAT
On November 24, 2025, Nasdaq-listed company Enlivex plans to raise $212 million to establish the Rain token treasury. The company states that it will become the first DAT company built on a prediction market token. Rain is a decentralized prediction market protocol on the Arbitrum network that allows anyone to create markets and trade customized options on any event in any language, with results resolved by artificial intelligence, and a buyback and burn mechanism linked to the RAIN token.
2. Tether poaches HSBC, Bank of America calls for $5000: The moment of “the rise of the East and the fall of the West” for tokenized gold
When Bank of America (BoA) released a report anchoring the gold price target for 2026 between $3000 and $5000, a financial infrastructure revolution surrounding gold itself was rapidly advancing in Hong Kong, across the ocean, riding this wave of expectation. Click to read.
3. What should be the next step after Bitcoin rebounds to $85,000? Some data may provide us with the answer.
After rebounding from $85,000 over the weekend, Bitcoin has maintained a range-bound oscillation. The current technical outlook shows a clear liquidity layering: resistance is concentrated in the range of $87,700-$89,600 and $92,000-$93,400 (core trigger point at $92,800), while support levels are sequentially at $85,700-$85,000, $84,000-$83,500, and $82,500-$81,500, with a key support level around $79,000. Click to read.
4. Will Bitcoin go to zero?
Bitcoin has dropped 30% from its historical high, and gold prices have also retreated from a high of $4,200. According to the Financial Times, the Nasdaq index recorded its worst weekly performance since April 2025, with tech-weighted stocks particularly hard hit. When Bitcoin surged to $126,000, many friends were full of confidence, but now they are all asking: “Will Bitcoin go to zero?” Click to read.
5. Turning Point of the US Stock Market
In late November 2025, the US stock market experienced a dramatic reversal. Despite Nvidia reporting quarterly earnings that exceeded expectations, the market failed to rebound as anticipated and instead accelerated its decline. This was not an isolated event but a signal of broader economic pressures. The Dow Jones Industrial Average dropped sharply by 386 points on November 20, closing at 45,752 points; the S&P 500 fell by 1.5%, closing around 6,500 points; and the Nasdaq dropped by 2.16%, closing around 22,000 points. Although the market initially rose in the morning session, with the Dow rebounding more than 700 points at its peak, the S&P rising 1.9%, and the Nasdaq gaining as much as 2.6%, selling pressure emerged in the afternoon, leading to a widespread decline. Nvidia's stock price shifted from a 5% gain at the opening to a 3% loss, highlighting deepening investor concerns over the high valuation of tech stocks. Click to read more.