Bitcoin surged past $79,000, extending a five-day rally over 30%, but significant selling by institutions like Jump Crypto and a large whale triggered over $647 million in long liquidations. This selling pressure caused Bitcoin's price to retrace to around $77,000, losing some gains and signaling a potential market correction. Technical indicators such as the RSI and MACD suggest Bitcoin is overbought and cooling off, with large sell orders stacked near $79K-$80K. While the crypto market remains strong, these signs point to a possible short-term correction in Bitcoin's price.
NEAR Protocol (NEAR) experienced a sharp decline of 8.89% to $3.89 on November 2, marking the steepest drop among major cryptocurrencies in a broadly falling large-cap market. Other notable losers included Rain, Venice Token, and Ether.fi, while a fe...
The GPRO token surged 10.5% within an hour on November 2, reaching 1.054 USDT, and was up 9.6% over the previous 24 hours. This rise contrasts with the broader market where Bitcoin and Ether prices fell by 1.69% and 0.75%, respectively. The increase ...
Investment firm VanEck forecasts Bitcoin may reach $500,000 within 5 to 10 years, driven by its potential to capture half of gold's market cap. Analysts highlight Bitcoin's strong recent performance, outperforming gold and the S&P 500, and growing in...
Bitcoin holders realized $1.115 billion in losses within 24 hours as short-term holders moved 36,600 BTC to exchanges below their cost basis, pushing Bitcoin's price down to $76,400. Analyst Doctor Profit identified $76,000 as a critical support leve...
Eleven major cryptocurrency transfers totaling $1.72 billion occurred within three hours on Nov. 2, including a $239.7 million Tether transfer from Binance to an unknown wallet. Other significant moves involved Bitcoin, Ether, and USD Coin shifting b...
