On November 14, the total market capitalization of cryptocurrencies fell by 1.45%, or $42.6 billion. According to Coinglass data, 170,878 dealers were liquidated for $485.13 million last day. On Thursday, bull traders recorded more than 61% of the daily period losses, with $360 million long positions liquidated. According to information, President-elect Donald Trump is looking at more crypto-friendly candidates to succeed Gensler in the upcoming months.