🔍 🔴😞 Market Analysis: 21-11-06

Crypto markets are gripped by fresh turbulence this morning, as Bitcoin extends its descent below $90,000, erasing all of its 2025 gains and marking its worst month since 2022. News of a record $1.26 billion outflow from BlackRock's spot Bitcoin ETF and deepening bearish sentiment are rippling ac... ... Read full 🔴😞 Market Analysis: 21-11-06

XRP Sell-Off Deepens: Bitwise ETF Fails to Match Canary’s Record Start

XRP Sell-Off Deepens: Bitwise ETF Fails to Match Canary’s Record Start

The Bitwise XRP ETF officially closed its first trading day with 1,127,647 shares traded, equal to $25.93 million in volume. While a solid debut for a product launching during one of the most chaotic market days of the year, the ETF fell far short of the $58.5 million posted by Canary’s XRPC ETF on …

Bitcoin implodes as volatility from Big Tech, AI bubble fears, spreads to crypto

Bitcoin implodes as volatility from Big Tech, AI bubble fears, spreads to crypto

Key takeaways:Volatility and uncertainty in the Big Tech industry, along with concerns about Fed policy, pressured risk assets, driving Bitcoin’s correlation with the Nasdaq to its highest level in months.Crypto traders expect improved liquidity ahead as US fiscal pressures grow and Trump pushes a t…

Ark Invest scoops up Coinbase, BitMine, Circle and Bullish shares in week’s biggest move

Ark Invest scoops up Coinbase, BitMine, Circle and Bullish shares in week’s biggest move

Cathie Wood's Ark Invest bought a bulk of crypto-related stocks on Thursday across three of its exchange-traded funds as part of its largest daily purchase this week.According to its trade filing, the company bought $10.1 million in Coinbase shares, $9.9 million in Ethereum treasury firm BitMine, $9…

Bitcoin Price Crashes Under $90K, Triggering Fresh Fears of Deeper Weakness

Bitcoin Price Crashes Under $90K, Triggering Fresh Fears of Deeper Weakness

Bitcoin price started another decline below $90,000. BTC is now showing bearish signs and might struggle to recover above $88,5000.Bitcoin started a fresh decline below $92,000 and $90,000.The price is trading below $90,000 and the 100 hourly Simple moving average.There is a bearish trend line formi…

Trump’s WLFI Moves To Contain Wallet Breach While Federal Inquiry Looms

Trump’s WLFI Moves To Contain Wallet Breach While Federal Inquiry Looms

World Liberty Financial (WLFI) said it is reallocating funds and confirming user identities after several wallets were compromised ahead of its platform launch.According to WLFI’s post on X, the company froze the affected addresses in September and has been verifying ownership before moving assets b…

Ethereum Price Declines Again, Consolidates Below $3K After Latest Breakdown

Ethereum Price Declines Again, Consolidates Below $3K After Latest Breakdown

Ethereum price failed to stay above $3,000 and tested $2,770. ETH is now attempting to recover but faces resistance near $2,880.Ethereum started a fresh decline after it failed to stay above $3,000.The price is trading below $3,000 and the 100-hourly Simple Moving Average.There is a key bearish tren…

Analyst Who Perfectly Predicted Bitcoin’s $90K Crash Now Says $60K Is Coming Next

Analyst Who Perfectly Predicted Bitcoin’s $90K Crash Now Says $60K Is Coming Next

The crypto market is in deep red today, with more than $3 trillion wiped out from the global market cap. Bitcoin, Ethereum, and XRP are all facing heavy sell-offs, and one analyst who accurately warned about Bitcoin’s fall from $115K to $90K now says the next stop could be $60,000.Bitcoin Falls Shar…

Peter Brandt Says Bitcoin Could Reach $200,000, Just Not Anytime Soon

Peter Brandt Says Bitcoin Could Reach $200,000, Just Not Anytime Soon

Veteran trader Peter Brandt has forecasted that Bitcoin could reach $200,000. However, there’s a catch. The timeline is far from immediate, with the target expected to be reached around four years from now.This comes as the largest cryptocurrency has continued its 2-month slide, now trading at lows…

XRP Price Extends Losses, Deepens Move Below $2.0 Amid Softer Sentiment

XRP Price Extends Losses, Deepens Move Below $2.0 Amid Softer Sentiment

XRP price started a fresh decline below $2.050. The price is now struggling and faces resistance near the $2.050 pivot level.XRP price started a fresh decline below the $2.050 zone.The price is now trading below $2.050 and the 100-hourly Simple Moving Average.There is a bearish trend line forming wi…

Grok fan-girling Elon Musk shows why AI must be decentralized

Grok fan-girling Elon Musk shows why AI must be decentralized

Elon Musk is more handsome than Brad Pitt, fitter than LeBron James and could easily outclass former heavyweight champion Mike Tyson in a boxing ring — at least that’s according to his AI chatbot Grok, after the latest 4.1 update that was released this week. On Thursday, X users began finding that G…

Bitcoiners lose their mind after Scott Bessent walks into a Bitcoin bar

Bitcoiners lose their mind after Scott Bessent walks into a Bitcoin bar

The Bitcoin community lit up on Thursday after US Treasury Secretary Scott Bessent made an unannounced appearance at the launch of Washington’s new Bitcoin-themed bar, Pubkey.“Having the Secretary of the Treasury at the Pubkey DC launch seems like a moment I could easily look back on and say ‘wow, i…

Why Bitwise Thinks Bitcoin Still Hits $200,000 In 2026

Why Bitwise Thinks Bitcoin Still Hits $200,000 In 2026

Ryan Rasmussen, Head of Research at Bitwise, used a Yahoo Finance appearance to restate Bitwise’s view that Bitcoin is headed to $200,000 in 2026, while simultaneously characterizing the current sell-off as a maturing-market shakeout rather than a trend break.Is The Bottom In For Bitcoin?He opened w…