# Federal reserve pause rate hikes in November, BTC breaks $35,000

On November 1st, the Federal Reserve decided to pause rate hikes for the month. BTC and ETH both went higher, with BTC breaking $35,000 again, currently quoted at $35,701.50; ETH meanwhile broke $1800, currently quoted at $1864.40.

<figure><img src="https://lh7-us.googleusercontent.com/tItymJITnQmHenw7uoqx4HplebY7AFZL1z8ihErTTf70bznu_HP8AscyrvEbErPqi7kOgeBYiCahTknK6mV8WbXRQPTcpUoKSOVRe9QbRLpRMBq22CWIxS95VyxEJouR5Td2PvY0ZLd-lcupH175j7I" alt=""><figcaption></figcaption></figure>

On November 2nd, MicroStrategy's Q3 2023 earnings report revealed that the company purchased an additional 155 BTC at a price of $5.3 million in October. As of October 31, 2023, MicroStrategy holds a total of 158,400 bitcoins with a total cost of $4.69 billion and an average cost per BTC of $29,586.

In other news according to Coingecko, SUSHI saw a 51.3% increase in the past 24 hours, 88.1% in 7 days, reaching a yearly high for 2023.

<figure><img src="https://lh7-us.googleusercontent.com/RGom3kz-ja44vzjaW-ZAYn8XovDKS7hWxwZOW9Q6fVB2z7PD2-2p2jNl5eA5lh0UaG36jd0DIdXOWyyrOmz0HyvAKgQ1Y0EGZ0Xs7lSTvICNTFH2jkkg-JU4sgijmvuUxfxPBpPYGwwYUcdUCAT-34Q" alt=""><figcaption></figcaption></figure>

#### Note

Digital assets are highly volatile and unpredictable, do your research before trading.

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