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#Crypto Summary
📅 08.11.2025
➡️Bitcoin Holds $102,460 After Stabilizing Above $100K Support
#Bitcoin recovered 1.48% to $102,460 after #trading a tight range between $99,261-$104,096 overnight. The asset bounced off the critical $100,000 support zone and is consolidating as traders assess macro headwinds. $BTC remains down 16% over the past month and 18.8% below the October 6 peak of $126,272. Year-to-date #gains persist at 49%, but November momentum has reversed sharply. ➡️Ethereum Rebounds 3.79% to $3,434. Accumulation Continues
$ETH climbed 3.79% to $3,434.35, reversing Friday's capitulation lows at $3,308.92. #Ethereum remains down 13.54% from November 1 and down 22% from the October 9 peak of $4,316. However, on-chain whale activity continues at depressed levels, suggesting institutional conviction on dips. #Trading volume reached $27.6 billion, indicating strong participation. ➡️Crypto Market Cap Rebounds to $3.45 Trillion (+3.49%)
Total #cryptocurrency market capitalization rose 3.49% to $3.45 trillion as weekend relief buying took hold. #Trading volume stands at $162.4 billion. Fear & Greed Index improved to 25 (Fear) from the prior 21 (Extreme Fear), signaling oversold conditions and potential accumulation zone activation. ➡️Trump Vows #Bitcoin "Superpower" Status. $XRP #ETF #Launch Imminent
President Trump vowed to make the United States a "Bitcoin superpower" during recent comments, renewing pro-crypto sentiment. Separately, Franklin Templeton, Bitwise, and Canary Capital filed updated S-1 forms with the SEC for spot $XRP ETFs, with launches expected as early as mid-November. The $XRP #ETF strategy mirrors the accelerated Solana/Litecoin rollout, signaling regulatory confidence. ➡️Altcoins Gain Traction: FIL +54%, $FET +47%, $ZEC +1,270% YoY
#Major #altcoins outperformed during the weekend rally, with Filecoin (FIL) surging 54%, Artificial Superintelligence Alliance (FET) up 47%, and #Zcash (ZEC) smashing $600 for the first time since 2019 (up 1,270% YoY). $ZEC reclaimed the top-20 list as privacy-focused narratives and the Zashi wallet drove adoption. The #Altcoin Season Index climbed to 28/100 from 22/100 yesterday. ➡️Spot #Bitcoin ETFs See $240M Inflows. Perpetuals Funding Rates Turn Positive
U.S. spot #Bitcoin ETFs recorded $240 million in net inflows after six days of redemptions, signaling renewed institutional entry. #Perpetual futures open interest rose 7.62% to $24.9B, while funding rates turned positive at +0.0033%, indicating fresh longs are entering the market. However, daily #Bitcoin #ETF outflows of $558M on November 7 (largest since October) create uncertainty. ➡️Key Technical Levels: $100K Support Holds. $112K Resistance Intact
Bitcoin's consolidation above $100,000 suggests accumulation phase formation, though the range remains tight at $100K-$104K. Resistance overhead at $104,500-$107,000, with a break above $112,000 required for #bullish reversal. #Ethereum needs to reclaim $3,500+ to confirm recovery. a break below $3,247 VWAP would trigger fresh selling. ➡️Government Shutdown Extends. SEC Delayed on #ETF Approvals
The U.S. government shutdown continues to pressure markets, with probability of resolution after November 16 increasing. Delayed SEC approval decisions on pending #crypto #ETF applications add uncertainty. Consumer confidence hit a 3+ year low at 98.7, weighing on risk appetite and supporting defensive assets