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news-imageNovember 5, 2024

Crypto today: BTC wavers at $68.5K, DOGE gains 10%, TRX holders at profit

Digital assets traded in the red today as cryptocurrency enthusiasts remain skittish amidst the United States Presidential elections. Bitcoin price retraced towards the $68K mark, dragging the altcoin market lower over the past day. The bellwether token trades at $68,790 at press time, with bears signaling further declines before probable uptrends.
Publisher: Invezz
Sentiment: Neutral
BTC
DOGE

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Negative
cover-imageBitcoin
November 5, 2024

Spot Bitcoin ETFs Face Heavy Losses — Who Took the Biggest Hit?

On Monday, spot bitcoin exchange-traded funds (ETFs) took a substantial hit, with investors pulling out a hefty $541.07 million. Bitcoin ETF Outflows Hit $541 Million on Monday, Ethereum Funds Follow in the Red The 12 spot bitcoin ETFs faced a rough trading day, shedding a hefty $541.07 million in total outflows.

Positive
cover-imageUToday
November 5, 2024

Dogecoin Rockets as DOGE Price Secures Golden Cross

The price of the popular meme cryptocurrency Dogecoin (DOGE) soared over 6.3% today, with a large green candle now heralding its daily chart. As a result of this action, Dogecoin is now quoted above the $0.168 mark, which is the highest price since the end of October, and if we zoom out from the fall 2024 period, it is the highest price for DOGE since May.

Negative
cover-imageCoinPedia
November 5, 2024

Bitcoin Price Prediction for Next 48 Hours: Will It Drop Below $66k?

Amid the heightened hype of the U.S. 2024 elections, which has seen pro-crypto presidential candidate Donald Trump lead in major polls, Bitcoin's (BTC) price has signaled short-term bearish sentiment. The flagship coin has dropped over 4 percent in the past seven days to trade above a crucial support level of about $68.

Negative
cover-imageCrypto Economy
November 5, 2024

Bitcoin ETF Outflows Surge to $541M, Marking Second-Biggest Single-Day Loss

TL;DR Bitcoin ETFs in the U.S. saw substantial outflows of $541.1 million on November 4, 2024, marking the second-largest single-day outflow on record, just before the U.S. presidential election. The significant outflows reflect market caution as Bitcoin's price dipped to $68,000, with traders concerned about election-driven volatility and political dynamics.

Positive
cover-imageCrypto Daily
November 5, 2024

Dogecoin ($DOGE) leads new resurgence in memecoins

As Bitcoin struggles to get back above the $69,000 resistance, and most of the altcoins are bleeding out with all the uncertainty caused by the US election, it does seem odd that the memecoins are starting to run. Dogecoin ($DOGE) is leading that run, and the top memecoins are following.

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