Retail investor 'retreat' to $98.5K: 5 things to know in Bitcoin this week

2d ago•

Cointelegraph

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Bitcoin dropped another 2% to start November as network data warned of a potential BTC price dip below the $100,000 support level.

Bitcoin (BTC) starts November with a dip to $107,000 as traders brace for further support retests.

Bitcoin price action gives bulls a grim sense of deja vu as weekend gains evaporate and downside liquidity grows.

November seasonality calls for serious BTC price gains, but so far, there is no sign of relief.

2d ago•

Cointelegraph

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🗞️ Need to catch up on the news? Here's our top 10 from today: 🔸 Senator Lummis says, “Market structure is the most important piece of digital asset legislation in United States history.” 🔹 Franklin Templeton updated its XRP ETF S-1 filing with shortened 8(a) language, aiming to launch this month, per Bloomberg’s James Seyffart. 🔸 Arthur Hayes said the Fed will soon start quietly printing money again to fund U.S. debt and that will send $BTC higher. 🔹 Binance CEO Richard Teng denied claims the exchange influenced the use of Trump-backed stablecoin USD1 in a $2 billion Abu Dhabi deal. 🔸 Sam Bankman-Fried’s team is appealing his 25-year sentence, claiming he was “never presumed innocent”

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