What to Know: The crypto market fell sharply in early November after long-term holders sold $44B in Bitcoin, while ETFs absorbed just $4B in inflows. From Samourai Wallet’s alleged xpub logging to Iran’s mining raids and Stream Finance’s $93M loss, causing its stablecoin depegging, fear is widespread. Despite bearish momentum and weak sentiment, Bitcoin remains above $100K, and November has historically delivered the strongest monthly returns (+42.11% on average) Presales like $PEPENODE stand out as stable entry points amid volatility, offering incremental price stages, high staking yields, and a gamified ecosystem built around virtual mining and meme culture. The crypto market just faced its roughest start to November in a long time. The total crypto market cap is down to $3.46T, after being as high as $4.3T at the start of October. $BTC is down around 6% this week and $ETH is struggling to hold $3.5K. The picture is bleak. A turbulent October, which didn’t go the way traders wanted, saw long-term holders of Bitcoin offload roughly $44B $BTC, while ETFs and digital asset trusts (DATs) absorbed only about $4B in net inflows. For the first time in seven years, October wasn’t ‘Uptober’ and instead, ended red for Bitcoin. Much of the current drawdown is stemming from a cluster of confidence shocks. Samourai Wallet sentencing hit the privacy meta hard. Prosecutors are seeking five-year prison terms for its founders for laundering over $237M in funds. This sets a chilling precedent for developers. But they also revealed that the wallet allegedly logged users’ xpubs on its servers. If true, a tool marketed for privacy was actually tracking user data. This would be a huge blow to trust in non-custodial wallets and truly put into question ‘privacy’ in crypto. Then came the Iranian crackdown on mining. According to data, 95% of Iran’s crypto miners are operating illegally and putting a massive strain on the country’s power grid. So, authorities dismantled over 100 mining farms and seized 1.4K machines. This naturally sparked fresh FUD around global mining stability. Finally, Stream Finance’s $93M DeFi loss caused its stablecoin $XUSD to depeg. This naturally caused a lot of suspicion and anger amongst crypto users. Technicals mirror the panic. Bitcoin’s RSI is deep in oversold territory, and bearish MACD points to weak short-term momentum. Yet despite all this fear, $BTC has held above $100K (so far). History favors patience: November has delivered an average +42.11% return for Bitcoin since 2013. This is actually the highest average return of any month on the calendar year. So traders remain hopeful. Which brings us to where smart money is looking for the best crypto to buy – presale projects like PepeNode ($PEPENODE), where utility, yield, and meme culture collide just as the market readies for its next move. The Bigger Picture – Fear vs Fundamentals Most market drops start with panic, not fundamentals. What looks like a collapse is actually just a sentiment reset after overheated months. Traders are just concerned that stocks and gold have been ripping all-time highs in October, while crypto lagged. On-chain data still looks positive. Whales are accumulating through OTC desks, while ETF inflows remain steady (even if they’re smaller than in summer). Exchange balances are at multi-year lows, meaning long-term holders are still locking coins away. So structurally, the market looks quite strong. It’s just that the confidence is weaker than ever. But that creates opportunity. Capital rotates into presales because they move in structured price stages, increasing incrementally instead of swinging with market sentiment. That steady progression gives investors a clearer entry point, even when broader markets are red. One standout example is PepeNode ($PEPENODE), a utility-based meme ecosystem blending DeFi yield mechanics with a game-style mining experience. PepeNode ($PEPENODE) – Turning Meme Coins into a Virtual Mining Game PepeNode ($PEPENODE) is the first mine-to-earn meme coin built on Ethereum. Instead of relying on power-hungry GPUs or ASIC rigs, it introduces virtual mining through digital nodes that generate yield based on how you build and optimize your setup. Every user will begin with a virtual server room. This is essentially an empty space waiting to be filled with Minder Nodes. You can buy, upgrade, or sell your nodes at any time, fine-tuning your layout to boost output and maximize your earnings. Everything runs inside an interactive, gamified environment that rewards strategy and participation. Leaderboards track top miners, and high performers earn bonus rewards in trending crypto coins like $PEPE. It’s part mining simulator, part yield engine, and even part social competition. And that’s resonating with investors. So far, the project has raised over $2M+ in its presale, with tokens priced at $0.0011317 and staking rewards of over 629% on offer. Our PepeNode price prediction believes $0.0077 is possible in 2026. That’s almost a 6x from today’s price. 🔍 Discover how to buy PepeNode in our easy step-by-step guide. $PEPENODE is a fresh take on meme coins. In a market craving new forms of utility, this balance between fun and function may prove to be its real strength. ⛏️💎 Join the PepeNode presale today and start mining for rewards. This article is not financial advice. Crypto and presales carry inherent risks. Please do your own research (DYOR) and never invest more than you are willing to lose. Authored by Aaron Walker, NewsBTC — www.newsbtc.com/news/analysis-why-crypto-market-is-down-best-crypto-to-buy-pepenodeWhat to Know: The crypto market fell sharply in early November after long-term holders sold $44B in Bitcoin, while ETFs absorbed just $4B in inflows. From Samourai Wallet’s alleged xpub logging to Iran’s mining raids and Stream Finance’s $93M loss, causing its stablecoin depegging, fear is widespread. Despite bearish momentum and weak sentiment, Bitcoin remains above $100K, and November has historically delivered the strongest monthly returns (+42.11% on average) Presales like $PEPENODE stand out as stable entry points amid volatility, offering incremental price stages, high staking yields, and a gamified ecosystem built around virtual mining and meme culture. The crypto market just faced its roughest start to November in a long time. The total crypto market cap is down to $3.46T, after being as high as $4.3T at the start of October. $BTC is down around 6% this week and $ETH is struggling to hold $3.5K. The picture is bleak. A turbulent October, which didn’t go the way traders wanted, saw long-term holders of Bitcoin offload roughly $44B $BTC, while ETFs and digital asset trusts (DATs) absorbed only about $4B in net inflows. For the first time in seven years, October wasn’t ‘Uptober’ and instead, ended red for Bitcoin. Much of the current drawdown is stemming from a cluster of confidence shocks. Samourai Wallet sentencing hit the privacy meta hard. Prosecutors are seeking five-year prison terms for its founders for laundering over $237M in funds. This sets a chilling precedent for developers. But they also revealed that the wallet allegedly logged users’ xpubs on its servers. If true, a tool marketed for privacy was actually tracking user data. This would be a huge blow to trust in non-custodial wallets and truly put into question ‘privacy’ in crypto. Then came the Iranian crackdown on mining. According to data, 95% of Iran’s crypto miners are operating illegally and putting a massive strain on the country’s power grid. So, authorities dismantled over 100 mining farms and seized 1.4K machines. This naturally sparked fresh FUD around global mining stability. Finally, Stream Finance’s $93M DeFi loss caused its stablecoin $XUSD to depeg. This naturally caused a lot of suspicion and anger amongst crypto users. Technicals mirror the panic. Bitcoin’s RSI is deep in oversold territory, and bearish MACD points to weak short-term momentum. Yet despite all this fear, $BTC has held above $100K (so far). History favors patience: November has delivered an average +42.11% return for Bitcoin since 2013. This is actually the highest average return of any month on the calendar year. So traders remain hopeful. Which brings us to where smart money is looking for the best crypto to buy – presale projects like PepeNode ($PEPENODE), where utility, yield, and meme culture collide just as the market readies for its next move. The Bigger Picture – Fear vs Fundamentals Most market drops start with panic, not fundamentals. What looks like a collapse is actually just a sentiment reset after overheated months. Traders are just concerned that stocks and gold have been ripping all-time highs in October, while crypto lagged. On-chain data still looks positive. Whales are accumulating through OTC desks, while ETF inflows remain steady (even if they’re smaller than in summer). Exchange balances are at multi-year lows, meaning long-term holders are still locking coins away. So structurally, the market looks quite strong. It’s just that the confidence is weaker than ever. But that creates opportunity. Capital rotates into presales because they move in structured price stages, increasing incrementally instead of swinging with market sentiment. That steady progression gives investors a clearer entry point, even when broader markets are red. One standout example is PepeNode ($PEPENODE), a utility-based meme ecosystem blending DeFi yield mechanics with a game-style mining experience. PepeNode ($PEPENODE) – Turning Meme Coins into a Virtual Mining Game PepeNode ($PEPENODE) is the first mine-to-earn meme coin built on Ethereum. Instead of relying on power-hungry GPUs or ASIC rigs, it introduces virtual mining through digital nodes that generate yield based on how you build and optimize your setup. Every user will begin with a virtual server room. This is essentially an empty space waiting to be filled with Minder Nodes. You can buy, upgrade, or sell your nodes at any time, fine-tuning your layout to boost output and maximize your earnings. Everything runs inside an interactive, gamified environment that rewards strategy and participation. Leaderboards track top miners, and high performers earn bonus rewards in trending crypto coins like $PEPE. It’s part mining simulator, part yield engine, and even part social competition. And that’s resonating with investors. So far, the project has raised over $2M+ in its presale, with tokens priced at $0.0011317 and staking rewards of over 629% on offer. Our PepeNode price prediction believes $0.0077 is possible in 2026. That’s almost a 6x from today’s price. 🔍 Discover how to buy PepeNode in our easy step-by-step guide. $PEPENODE is a fresh take on meme coins. In a market craving new forms of utility, this balance between fun and function may prove to be its real strength. ⛏️💎 Join the PepeNode presale today and start mining for rewards. This article is not financial advice. Crypto and presales carry inherent risks. Please do your own research (DYOR) and never invest more than you are willing to lose. Authored by Aaron Walker, NewsBTC — www.newsbtc.com/news/analysis-why-crypto-market-is-down-best-crypto-to-buy-pepenode

Why the Crypto Market Is Down Today and the Best Crypto to Buy Now: $PEPENODE

2025/11/04 22:09
5 min read

What to Know:

  • The crypto market fell sharply in early November after long-term holders sold $44B in Bitcoin, while ETFs absorbed just $4B in inflows.
  • From Samourai Wallet’s alleged xpub logging to Iran’s mining raids and Stream Finance’s $93M loss, causing its stablecoin depegging, fear is widespread.
  • Despite bearish momentum and weak sentiment, Bitcoin remains above $100K, and November has historically delivered the strongest monthly returns (+42.11% on average)
  • Presales like $PEPENODE stand out as stable entry points amid volatility, offering incremental price stages, high staking yields, and a gamified ecosystem built around virtual mining and meme culture.

The crypto market just faced its roughest start to November in a long time.

The total crypto market cap is down to $3.46T, after being as high as $4.3T at the start of October. $BTC is down around 6% this week and $ETH is struggling to hold $3.5K. The picture is bleak.

Total crypto market cap graph.

A turbulent October, which didn’t go the way traders wanted, saw long-term holders of Bitcoin offload roughly $44B $BTC, while ETFs and digital asset trusts (DATs) absorbed only about $4B in net inflows. For the first time in seven years, October wasn’t ‘Uptober’ and instead, ended red for Bitcoin.

Much of the current drawdown is stemming from a cluster of confidence shocks. Samourai Wallet sentencing hit the privacy meta hard. Prosecutors are seeking five-year prison terms for its founders for laundering over $237M in funds. This sets a chilling precedent for developers.

But they also revealed that the wallet allegedly logged users’ xpubs on its servers. If true, a tool marketed for privacy was actually tracking user data. This would be a huge blow to trust in non-custodial wallets and truly put into question ‘privacy’ in crypto.

Then came the Iranian crackdown on mining. According to data, 95% of Iran’s crypto miners are operating illegally and putting a massive strain on the country’s power grid. So, authorities dismantled over 100 mining farms and seized 1.4K machines. This naturally sparked fresh FUD around global mining stability.

Iranian authorities close over 100 Bitcoin mining farms.

Finally, Stream Finance’s $93M DeFi loss caused its stablecoin $XUSD to depeg. This naturally caused a lot of suspicion and anger amongst crypto users.

Technicals mirror the panic. Bitcoin’s RSI is deep in oversold territory, and bearish MACD points to weak short-term momentum. Yet despite all this fear, $BTC has held above $100K (so far).

History favors patience: November has delivered an average +42.11% return for Bitcoin since 2013. This is actually the highest average return of any month on the calendar year. So traders remain hopeful.

Which brings us to where smart money is looking for the best crypto to buy – presale projects like PepeNode ($PEPENODE), where utility, yield, and meme culture collide just as the market readies for its next move.

The Bigger Picture – Fear vs Fundamentals

Most market drops start with panic, not fundamentals. What looks like a collapse is actually just a sentiment reset after overheated months. Traders are just concerned that stocks and gold have been ripping all-time highs in October, while crypto lagged.

On-chain data still looks positive. Whales are accumulating through OTC desks, while ETF inflows remain steady (even if they’re smaller than in summer).

Exchange balances are at multi-year lows, meaning long-term holders are still locking coins away. So structurally, the market looks quite strong. It’s just that the confidence is weaker than ever.

But that creates opportunity. Capital rotates into presales because they move in structured price stages, increasing incrementally instead of swinging with market sentiment. That steady progression gives investors a clearer entry point, even when broader markets are red.

One standout example is PepeNode ($PEPENODE), a utility-based meme ecosystem blending DeFi yield mechanics with a game-style mining experience.

PepeNode ($PEPENODE) – Turning Meme Coins into a Virtual Mining Game

PepeNode ($PEPENODE) is the first mine-to-earn meme coin built on Ethereum. Instead of relying on power-hungry GPUs or ASIC rigs, it introduces virtual mining through digital nodes that generate yield based on how you build and optimize your setup.

Every user will begin with a virtual server room. This is essentially an empty space waiting to be filled with Minder Nodes. You can buy, upgrade, or sell your nodes at any time, fine-tuning your layout to boost output and maximize your earnings.

Everything runs inside an interactive, gamified environment that rewards strategy and participation. Leaderboards track top miners, and high performers earn bonus rewards in trending crypto coins like $PEPE.

It’s part mining simulator, part yield engine, and even part social competition. And that’s resonating with investors.

So far, the project has raised over $2M+ in its presale, with tokens priced at $0.0011317 and staking rewards of over 629% on offer. Our PepeNode price prediction believes $0.0077 is possible in 2026. That’s almost a 6x from today’s price.

🔍 Discover how to buy PepeNode in our easy step-by-step guide.

$PEPENODE is a fresh take on meme coins. In a market craving new forms of utility, this balance between fun and function may prove to be its real strength.

⛏💎 Join the PepeNode presale today and start mining for rewards.

This article is not financial advice. Crypto and presales carry inherent risks. Please do your own research (DYOR) and never invest more than you are willing to lose.

Authored by Aaron Walker, NewsBTC — www.newsbtc.com/news/analysis-why-crypto-market-is-down-best-crypto-to-buy-pepenode

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