CME FedWatch indicates a 100% chance of a Federal Reserve rate hike in December, adding pressure on Bitcoin and the broader crypto market. Bitcoin's price has been declining due to risk concerns and competition from tech stocks, trading below $73,000 with potential to drop under $70,000. Persistent outflows from top cryptocurrencies and increased stablecoin supply highlight weak investor sentiment. A strong crypto market recovery would require new catalysts or a shift from other sectors like AI, but this remains uncertain.
As of Nov 12, 2026 19:22 WIB, Bitcoin trades at Rp1.323.329.521 on Pluang, down 1.03% in the past day. Despite the recent pressure from expected Fed rate hikes, Bitcoin's market cap remains substantial at Rp26.780,85 trillion. Pluang data shows a strong buy interest with 72% of order activity favoring purchases, while typical holders keep Bitcoin for about 113 days, indicating a relatively patient investor base.
An unidentified crypto trader closed long positions worth $32.85 million in Bitcoin and Ether on Nov. 12, realizing a combined profit of about $142,000. The trader sold 331.49 BTC at an average price of $74,181, making roughly $133,500 profit, and 4,...
On November 11, the cryptocurrency market saw broad losses with 66 of the top 90 coins falling in value. Pepe (PEPE) experienced the steepest drop, falling 15.24% to $0.00000457, ranking 46th by market cap. Other notable decliners included Bitway, In...
About $2.8 billion worth of Bitcoin and Ether options are set to expire on Friday, November 13. Bitcoin options dominate with $2.48 billion across 34,000 contracts, showing a put/call ratio of 0.52 and a max-pain price of $76,000, while Ether options...
Large XRP holders, known as shark wallets, have increased their holdings by over 16,810 tokens in nine months, showing accumulation as the price approaches the $1 level. Despite a 30% drop in market capitalization and bearish trading volume, these bi...
Dogecoin (DOGE) had the highest funding rate among five major cryptocurrencies on Nov. 11, with an annualized rate of 9.3%, indicating strong demand for long positions. Despite this, open interest fell slightly for DOGE, Bitcoin, XRP, and Solana, whi...
