Macro analyst Alex Krüger labeled most cryptocurrencies as a 'failed asset class' due to poor value, founder sell-offs, meme coin losses, and rising DeFi hacks. However, he identified four exceptions worth owning, including Hyperliquid, which returns 99% of fees to token holders, and privacy-focused Zcash, meeting real demand for non-custodial value storage. Despite bearish views, some traders see Bitcoin's current drop as a potential market bottom. The debate highlights ongoing uncertainty but also niches of genuine crypto value.
Bitcoin stayed the most-searched cryptocurrency on November 6 despite a slight 0.12% price drop to $75,963. Pearl showed the largest gain among seven listed assets, rising 10.69% to $1.78. Other notable movers included Zcash, Solana, Sui, and Hyperli...
Ether (ETH) traded near $2,120 on Sunday, down about 5% over 24 hours, with $343 million in liquidations recorded, nearly 50% higher than Bitcoin's $229 million liquidations in the same period. Together, these liquidations totaled $572 million, highl...
Bitcoin fell below $74,000 during a volatile period that saw over $700 million in crypto long positions liquidated within 20 minutes. Solana also dropped below $86, contributing to a broader market decline. This sharp movement highlights increased vo...
Bitcoin's open interest in perpetual futures reached $7.33 billion, the highest among five major crypto assets, with a 1.96% increase over 24 hours and a mark price of $75,854. Long positions dominate at 75.7%, supported by a funding rate of 0.0100% ...
Bitcoin, Ether, and Solana all experienced price declines over a 24-hour period ending Sunday evening. Ether saw the largest drop at 4.37%, falling to $2,132.38, while Bitcoin decreased by 1.60% to $74,352. Solana also declined by 2.79% to $86.52. Th...
