Ifeoluwa Adesemowo

November Market Recap: EV Shares, Bitcoin & Metaverse

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 the former Secretary of State, Hillary Clinton, derided cryptocurrencies, Cynthia Lummis, a senator from Wyoming, on the other hand, believes that Bitcoin could be the perfect solution to the inflation tailspin that began when the United States Dollar (USD) was taken off the gold standard in 1971. That way, Senator Lummis seems to be a Bitcoin maximalist.