Crypto News

The post Crypto Market Rebounds Ahead of Key U.S. PPI, Jobless Claims, and Fed Inflation Reports appeared on BitcoinEthereumNews.com. The crypto market have begun to recover after its recent drop. The positive change comes before an important week for the U.S. economy. Traders are preparing for reports on inflation and jobs that might influence the Federal Reserve’s next decisions. Crypto Market Recovers Amid Key U.S. Economic Reports. The week opened with a positive change across the crypto market. This was led by the push back above $85,000 by Bitcoin after its recent crash to as low as $80,000. BTC climbed almost 2% in the past 24 hours while trading volumes jumped nearly 50%. Source: TradingView; BTC Daily Chart Also, the market as a whole rose around 1.5%. Experts attributed part of Bitcoin’s weekend surge to recovering institutional participation. U.S. spot ETFs saw an inflow of about $238 million as it looks to build back confidence in the market. However, weekend activity tends to drop by up to 25%, and that often exaggerates price movements. Another factor that gave the markets a boost is the Fed rate cut. Investor sentiment improved sharply after markets priced in a 67% probability of a December rate cut. In addition, BlackRock’s filing for a staked Ethereum ETF also fueled optimism for the crypto market. The proposed product promises an estimated 3–4% yield. U.S. PPI, Jobless Claims, and Fed Inflation Reports Set the Tone This Week The list of economic events that could affect financial markets this week was shared in an X post by Kobeissi Letter. However, investors are mainly focused on three key reports. This is the Producer Price Index, weekly jobless claims, and the Federal Reserve’s favored inflation gauge. The PPI is scheduled to be released on Tuesday, November 25. The wholesale inflation data will help determine whether price pressures are growing. A hotter PPI reading could stop further rate-cut expectations. A…

The post Bitcoin Signals Buy Opportunity as Market Rebounds to $3.3 Trillion: Xie Jiayin Highlights BTC ETF Inflows, MicroStrategy Dynamics, and Stablecoin Supply appeared on BitcoinEthereumNews.com. COINOTAG News and Xinhua report that Bitget’s Chinese spokesperson Xie Jiayin posted on X that the current cryptocurrency total market capitalization has returned to about $3.3 trillion, while the market sentiment index sits at 10, a fresh multiyear low. He notes that in March and April this year, similar pullbacks and widespread panic occurred, yet history later proved it to be a buying opportunity. The resemblance to past cycles suggests that the timing for a buy the dip approach may have arrived. Xie emphasized that the market theme remains anchored to the growth of DATs, ETFs, and stablecoins. Investors should monitor three data dimensions as key directional indicators: daily BTC/ETH ETF net inflows; MicroStrategy dynamics; and the stablecoin total supply curve. Source: https://en.coinotag.com/breakingnews/bitcoin-signals-buy-opportunity-as-market-rebounds-to-3-3-trillion-xie-jiayin-highlights-btc-etf-inflows-microstrategy-dynamics-and-stablecoin-supply

Key Takeaways: El Salvador acquired an additional 1,090.19 BTC worth about $101 million, its largest single purchase in months. The government’s accumulation goes beyond its ongoing 1 BTC per day The post El Salvador Adds $101M in Bitcoin as Government Buys 1,098 BTC During Market Dip appeared first on CryptoNinjas.

Crypto market stays stable with rising volume, while Bitcoin ($BTC) and Ethereum ($ETH) climb and sentiment remains fearful as per latest market data.

On-chain data shows short-term Bitcoin holders have capitulated, a pattern seen near previous local bottoms.

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TLDR Bitcoin recovered after dropping near $82,000 on Friday, with analysts seeing reduced selling pressure and increased Federal Reserve rate cut expectations Spot bitcoin ETFs recorded $1.22 billion in outflows last week, extending losses to four consecutive weeks Bitcoin open interest fell by 1.3 million BTC in 30 days, the sharpest decline of this cycle [...] The post Bitcoin (BTC) Price: Recovery Underway After Drop to $82,000 as Selling Pressure Decreases appeared first on Blockonomi.

PANews reported on November 24 that South Korean cryptocurrency exchange Upbit announced it will launch MONAD (MON) trading on the Korean Won, BTC, and USDT markets.

The post Bitcoin Supply Dynamics Hint at Potential Bottom Formation appeared on BitcoinEthereumNews.com. The Bitcoin supply shift indicates a potential market bottom as over 630,000 BTC has moved off exchanges in recent weeks, with whale accumulation reaching five-month highs. Short-term holder MVRV has stabilized at 0.85 after capitulation, signaling weakened selling pressure and stronger holder conviction in a recovering market. Bitcoin exchange reserves hit eight-year lows at 1.8 […] Source: https://en.coinotag.com/bitcoin-supply-dynamics-hint-at-potential-bottom-formation

The post Analysts Predict These 3 Altcoins Will Lead the Next Bull Run appeared on BitcoinEthereumNews.com. Crypto Presales Altcoins are starting to steal the spotlight again as the market shifts away from Bitcoin dominance. Capital is rotating fast after BTC’s share of the market dropped from above 61% to 58.8%, while new inflows pour into top-performing altcoins like Solana. Institutional buying is rising, and ETF demand is climbing. Analysts say the market may be approaching a key moment. These three altcoins rank as the best crypto to buy now. Best Crypto to Buy Now Ahead of the Next Bull Run Solana (SOL) — The High-Speed Contender Pushing for a Market Rebound Remittix (RTX) — The Utility-Driven PayFi Token Tipped to Lead the Next Bull Run Cardano (ADA) — The Steady Builder Gaining Strength Through Real Adoption 1. Solana Solana shows strong resilience despite heavy volatility. The SOL price is holding near the key $128–$136 zone as traders assess whether momentum can shift. A possible Death Cross sits on the chart, but analysts note that similar setups in 2023 triggered major rebounds once selling pressure peaked. The current Solana price prediction suggests that a bounce could form if buyers defend support at $123. Sentiment on-chain has dipped, but realized PnL is testing areas that triggered reversals in March, April, and September 2023. A breakout above $136 could lead to $157. Solana remains notable for its speed, staking yield, and strong ETF interest. The chain still handles 2,000+ TPS and ranks high in fee revenue accumulation across altcoins. 2. Remittix Remittix is emerging as one of the best crypto to buy now as analysts track a shift toward utility-driven assets. It stands out because it solves a real financial bottleneck, not a speculative narrative. Instead of focusing on hype, Remittix is building full PayFi infrastructure that connects crypto to traditional finance seamlessly. Why Remittix is gaining traction: A…