[LIVE] Crypto News Today, November 17 – Has the Crash Run Its Course? Bitcoin Dips Below $93K, ETH Nears $3K, While Uniswap UNI Holds Green – Best Crypto to Buy Right Now?

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bullish:

bearish:

Bitcoin BTC $95,736.88 0.69% Bitcoin BTC Price $95,736.88 0.69% /24h Volume in 24h $59.89B Price 7d Learn more plunged to an overnight low of $92,800, marking a 26% drawdown from October’s $126,000 all-time high. Price is now sitting exactly on the lower boundary of the 2025 bullish channel. A daily close below $91,000 would break this year-long structure and likely trigger another leg down toward $84,000–$87,000, the zone of the 200-day EMA and July breakout level. Funding rates are deeply negative, open interest has collapsed by $4.8 billion in 48 hours, and spot Bitcoin ETFs recorded another $390 million outflow yesterday — pushing November’s total redemptions above $2.7 billion, the worst monthly figure on record. But is everything red? Not really: some altcoins like UNI and ASTER are shining as the best crypto to buy right now despite the broader market plunge.

Bitcoin price action

(Source: Coingecko)

Ethereum followed suit, dropping under $3,100, Solana rejected $150 and now trades at $141, while XRP clings to $2.22. More than $1.1 billion in positions were wiped out in the past 24 hours, with 83% hitting over-leveraged longs. Long-term holders continue distributing at the fastest daily rate since the 2022 capitulation phase.

Spot Bitcoin ETFs recorded another $390 million in net outflows on November 16, bringing the monthly total to $2.73 billion — the worst month since the products launched in 2024 and the second-largest monthly redemption ever. BlackRock’s IBIT alone saw $218 million leave yesterday, while Fidelity’s FBTC and ARK’s ARKB contributed $94 million and $61 million respectively. Grayscale’s GBTC continues to bleed, with $112 million out in the latest session.

From November 10 to 14 (ET), U.S. spot Bitcoin ETFs recorded a weekly net outflow of $1.11 billion, marking the third consecutive week of outflows. Spot Ethereum ETFs saw a weekly net outflow of $729 million, the third largest on record, with all nine ETFs posting no net inflows.… pic.twitter.com/0eZZ30EtfP

— Wu Blockchain (@WuBlockchain) November 17, 2025

Ethereum ETFs aren’t faring better: $107 million in outflows over the weekend pushed the weekly total to $508 million. Year-to-date, Bitcoin ETFs are still net positive by roughly $28 billion, but the pace of inflows has completely reversed since mid-October.

The sudden shift coincides with rising U.S. Treasury yields and reduced expectations for aggressive Fed rate cuts in 2026.

EXPLORE: The 12+ Hottest Crypto Presales to Buy Right Now

Best Crypto to Buy Before the Next Move Higher?

Not everything is bleeding. Uniswap UNI $8.08 0.89% Uniswap UNI Price $8.08 0.89% /24h Volume in 24h $691.85M Price 7d Learn more is up 8% today to $8.02 as the long-awaited fee-switch governance vote officially starts. Passage would redirect a portion of the protocol’s $400M+ annual revenue directly to UNI buybacks and burns, a fundamental catalyst traders have waited years for. Whales scooped an additional 1.2 million tokens this week alone.

Aster ASTER $1.25 5.46% Aster ASTER Price $1.25 5.46% /24h Volume in 24h $751.67M Price 7d Learn more leads the gainers with a 13% surge to $1.32, fueled by record $12.4 billion in 24-hour perpetuals volume and token unlocks postponed until 2026. Extreme fear levels (Fear & Greed Index at 12), flushed leverage, and slowing old-whale selling have repeatedly marked major turning points in past cycles.

When sentiment is this negative and a handful of projects still show independent strength, history suggests the best crypto to buy is often right in front of you.

49 minutes ago

What Bear Market? STRK, DASH, TEL Erupt: Best Altcoin to Buy Now

By Fatima

Is the bear market off? Starknet’s STRK, Dash, and Telcoin are breaking higher even as wider crypto trades in deep fear – Best altcoin to buy now?

Three mid-cap tokens, Starknet’s STRK, Dash (DASH), and Telcoin (TEL) posted sharp gains over the past 24 hours. They moved ahead of Bitcoin and Ethereum on November 16, as traders shifted into smaller assets with fresh triggers.

That contrast has prompted traders to question whether these pockets of strength signal a genuine trend or if they are merely brief bursts driven by thin liquidity.

Most major tokens showed little movement during the same period. Global market value hovered between $3.25 trillion and $3.27 trillion, down about -0.2% to -0.6% on the day.

Trading volumes also cooled while the Crypto Fear & Greed Index printed 9 out of 100, a level that signals heavy caution.