Cryptocurrencies Price Prediction: Bitcoin, Dogecoin & Ethereum — Asian Wrap 10 November

FXStreet Team FXStreet

Breaking: Bitcoin falls to 2020 trading levels at $15,600!

Bitcoin price free falls, bringing the market value down by 25% on the month at $21,000 as the bears have forged a weekend sell-off. $679 million worth of longs have been liquidated in the last 24 hours. Invalidation of the bearish thesis is a breach above.

Dogecoin plummets penny-from-Eiffel style as whales consider abandoning ship

Dogecoin price witnessed a devastating decline during the second trading week of November. A sweep-the-lows event could be underway if the bulls show up later. Key levels have been defined to determine DOGE's next potential move.

Ethereum price nosedives as Binance may provide aid to FTX

Ethereum price nosedived during the US midterm elections As price declined. The technicals suggest a sweep-the-lows event is underway. Key levels have been defined to gauge ETH’s potential landing ground. Ethereum price has suffered a devastating liquidation as the bears have produced a 30% decline since November 1.

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FXStreet Team

FXStreet

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XRP and XLM outlook: Mild recovery attempts emerge amid mixed market signals

Ripple and Stellar show mild signs of recovery on Thursday after extending losses earlier this week. XRP is holding above the $1.10 level as bearish momentum begins to fade, while XLM has bounced modestly from a key support zone.

Crypto Overview: Bitcoin consolidates above $60,000 – CRV, WLFI, XMR lead gains

The broader cryptocurrency market maintains risk-off sentiment as Bitcoin lingers above $62,000. The mild recovery in BTC fails to lift the Fear and Greed Index, which at 15 continues to signal extreme fear among investors. Still certain altcoins, Curve DAO, World Liberty Financial, and Monero, have emerged as top performers over the last 24 hours.

Bitcoin faces further downside risk amid growing short-term holder losses, weak ETF demand

Bitcoin's recent decline toward the $60,000 level has pushed the market further into bearish territory, with new investors suffering huge unrealized losses, according to a Glassnode report on Wednesday. The firm noted that Bitcoin's earlier May rally now appears increasingly as a "bear bounce".

CFTC proposes framework to review terrorism, war, assassination-related contracts on prediction markets

The Commodity Futures Trading Commission (CFTC) on Wednesday proposed amendments to Regulation 40.11, seeking to establish a formal framework for reviewing prediction market contracts. The proposed framework targets contracts linked to terrorism, assassination, war, gaming, or conduct that is unlawful under federal or state law.

Bitcoin: After the bloodbath, everyone looks at $60,000

Bitcoin (BTC) hovers above $62,000 at the time of writing on Friday, weighed down by growing risk-off sentiment due to persistent geopolitical tensions in the Middle East and sticky macroeconomic uncertainty. The institutional sell-off continued to wreak havoc on capital flows, with spot Bitcoin Exchange-Traded Funds (ETFs) recording billions in outflows.