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Deutsche Bank starts crypto custody with Bitcoin and Ethereum amid ETH's downtrend.

Market News
13 Nov 2026, 18:01 WIB
Crypto Daily
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Bearish
Deutsche Bank starts crypto custody with Bitcoin and Ethereum amid ETH's downtrend.

Deutsche Bank has launched a crypto custody service for institutional clients, initially supporting Bitcoin and Ethereum but excluding XRP and Solana. This move gives Ethereum a significant institutional endorsement, easing access for large investors needing regulated custodians. However, Ethereum's price remains in a strong downtrend, trading well below key moving averages and near oversold levels, with sellers still dominating the market. The critical support level near $1,850 will determine if the decline continues or stabilizes, while a recovery requires breaking above resistance near $2,280.

Following Deutsche Bank's new crypto custody service including Ethereum, the token remains under selling pressure on Pluang, trading at Rp34.985.003 with a 4.47% drop as of Nov 13, 2026 23:22 WIB. Despite 83% of Pluang users buying ETH, the market cap stands at Rp4.362,14 trillion and order activity shows 17% selling. Bitcoin also declined 4.69% to Rp1.248.244.560, indicating cautious sentiment among investors.

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