The Coinbase Bitcoin Premium Index has remained negative for 60 consecutive days, indicating sustained weak institutional demand for Bitcoin in the U.S. This is the longest negative streak recorded, surpassing the previous 30-day record during the 2010-11 crash. Bitcoin's price hovers around $63,000-$64,000 but faces resistance levels. Meanwhile, Ethereum's chances of reaching $10,000 by the end of 2026 are low, with only a 1.9% probability, reflecting reduced institutional interest. Investors should watch for changes in U.S. institutional demand and significant developments in Ethereum that could impact market trends.
As of November 6, Ethereum held $136.55 billion in stablecoins compared to Solana's $14.76 billion, highlighting a significant capital difference between the two networks. Decentralized finance value locked on Ethereum was also much higher at $42.99 ...
A snapshot from November 5 revealed that Binance's Ether (ETH) perpetual futures order book had $3.8777 million more liquidity on the bid side than the ask side, with $52.679 million in bids versus $48.8013 million in asks. This imbalance suggests st...
Ethereum (ETH) price fell below the $2,250 mark to $2,248 on Binance's spot market on Nov. 5, marking a 0.29% decline within one hour. The price dropped $5 in 15 minutes, signaling a slight downward trend for the second-largest cryptocurrency by mark...
Ethereum's price fell back to around $2,240 after failing to sustain a recovery near $2,450, leaving its November outlook uncertain. Key support levels are at $2,240 (daily Fibonacci) and $2,008 (weekly Supertrend), while analysts see potential recov...
Bitcoin fell more than 4% below $77,000 following a sharp selloff in AI and semiconductor stocks, which spread across risk assets and led to over $574 million in crypto liquidations within an hour. Ethereum, Solana, and XRP also declined significantl...
