Bitcoin Sinks to 11-Week Low After Democratic Sweep and Wall Street Crash: Weekly Crypto Recap
The total crypto market cap is down by roughly $200 billion in 10 days.
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The total crypto market cap is down by roughly $200 billion in 10 days.
Bitcoin treasury company Strive reported a $509 million third-quarter profit, fueled by gains in its cryptocurrency holdings, while continuing an aggressive buying campaign that has added more than 15,000 bitcoin since September. Strive Inc.
Bitcoin finds opportunity once again after struggling to gain traction as more than $1 billion in bullish cryptocurrency positions were liquidated within 24 hours, while institutional investors continued pulling money from spot Bitcoin ETFs.
The potential inclusion of Bitcoin in U.S. retirement accounts could drive broader cryptocurrency adoption and influence market dynamics significantly.
Lookonchain reported that a dormant whale accumulated 3,009 BTC on November 6. The blockchain tracker valued the reported Bitcoin purchases at approximately $228 million. The whale reportedly resumed activity after remaining inactive for more than one year.
Bitcoin continues to show weakness with significant outflows, raising concerns among traders.
Bitcoin Price Holds Near $75,000 After Hot October Jobs Report Bitcoin price held near $75,800 Friday after U.S. employers added 165,000 jobs in October, far above the 59,000 forecast, as December Fed hike odds climbed toward 80%.
Argentine Bitcoiners Debut “The Genesis of Satoshi Nakamoto” Artwork in Downtown Buenos Aires Bitcoin.ar presented the 2.4-meter stainless steel and glass cube “The Genesis of Satoshi Nakamoto” on October 29 at Polo Dot as part of LABITCONF 2026’s Open Fest.
Bitcoin's recent market fluctuations have left many short-term holders at a loss, impacting trading strategies and behavior.
Peter Schiff says the Bitcoin bubble, not the AI bubble, is the real danger, and urges holders to sell as BTC gives back its midterm gains.
Gold and Bitcoin fell as the US added 165,000 jobs in October. See how the jobs report shifts December Fed hike odds.
Bitcoin holds critical level as it showed early signs of stabilization on Friday after a sharp market-wide sell-off pushed the cryptocurrency toward $75,000. However, the recovery remains fragile, with investors still cautious following heavy losses across technology stocks, more than $1 billion in crypto liquidations…
The BIS data highlights fiat currency fragility, fueling crypto debates, but the institution's stance underscores Bitcoin's limitations as money.
Expectations prior to the release claimed that the monthly growth would be around 59,000 jobs.
BlackRock’s IBIT recorded $105 million in net outflows on November 5. IBIT accumulated $1.04 billion in withdrawals across five consecutive trading sessions. U.S. spot Bitcoin ETFs recorded $430.2 million in net outflows on November 5. Fidelity’s FBTC led the day’s withdrawals with $199.9 million.
Thursday marked a massive reversal and historic selloff for AI stocks, and crypto was not immune. What held up the strongest?
The sell-off on Wall Street sent shockwaves through the crypto market, triggering sharp declines in BTC, XRP, HYPE, and many more.
Saylor says Bitcoin is rebounding from its 200-week moving average after a year-long bear market. Bitcoin’s market dominance has risen to around 67%, with about $6.3 billion in Q3 ETF inflows.
Nasdaq 100 futures were higher by 1.5% following Thursday's 5.5% rout. Japan's Nikkei and Korea's Kospi each slumped 6% overnight.
Bitcoin recovered above $76,000 after briefly falling below the level during Thursday’s technology-led selloff, while CoinMarketCap showed BTC near $76,083 at drafting time. U.S. spot Bitcoin ETFs recorded $430.2 million in net outflows Thursday, led by Fidelity’s FBTC and BlackRock’s IBIT, reversing Wednesday’s inflows.
Bitcoin bounced from around $75,200 after Thursday’s AI-led selloff, which drove more than $1 billion in liquidations, as traders await the U.S. jobs report.
Zcash Price fell 3.48% to $1,276.66 over 24 hours on Friday as the network activated its NU7 upgrade. Bitcoin price dropped 5.28% over the same period, while the total value of cryptocurrencies fell 5.55% to $2.54 trillion.
Bitcoin price rebounds above $76,000 despite $430.2 million in ETF outflows, as analysts watch selling pressure and key support near $75,300.
BlackRock dumps Bitcoin worth $105 million as the broader market faces a deeper price correction, marking its fifth consecutive day of selling Bitcoin.
World Liberty Financial is launching a buyback for its WLFI token after a drop of more than 60% this year. Trump Media wallets moved about 4,259 Bitcoin, worth $343.67 million, to Crypto.com.
Zcash completely re-engineers long-term security with the NU7 upgrade, while its price is predicted to hit $2,000 by the end of the year.
Bitcoin fell 6% to $75,700 on Thursday after reaching $80,000 a day earlier. Crypto liquidations hit $1.1 billion in 24 hours across nearly 211,000 positions. Spot Bitcoin ETFs lost $1.16 billion over three days before a $74.6 million inflow on November 4.
Bitcoin gave back its post-midterm rally as the S&P 500 and Nasdaq Composite posted their worst day since April 2025, though it fell less than the Nasdaq 100.
Bitcoin Core developer Cory Fields proposed “quantum landmines” on the bitcoin-dev mailing list on November 4. A would-be quantum thief would need to post matching collateral before moving vulnerable coins.
Bitcoin is experiencing significant pressure as spot demand remains weak, impacting market sentiment.