Live: Crypto Market Faces Downtrend on Nov. 12, What’s Driving This Decline?
The crypto market slides amid growing uncertainty. Let’s explore the key trends and events on Nov. 12.
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The crypto market slides amid growing uncertainty. Let’s explore the key trends and events on Nov. 12.
SoftBank has dumped its $5.83 billion NVIDIA stake to expand its position in OpenAI, a move likely impacting AI tokens.
CryptoQuant recently reported a significant drop in Ethereum supply on the top cryptocurrency exchange, Binance.
CryptoQuant CEO hints at the strong impact of the Strategy’s accumulation and institutional inflows despite strong expectations for the US government reopening.
Analyst CrypNuevo forecasts Bitcoin could rally to $116K by Thanksgiving following US government reopening liquidity, but warns of a potential short-term dip to $104K first.
Coinbase unveils a monthly token sales platform featuring algorithmic allocation to prevent concentration among large buyers, marking its first US-accessible sale since 2018.
BitMine Immersion Technologies has amassed 3.5 million Ethereum tokens, making it the world’s largest corporate holder with 2.9% of total circulation.
Let’s explore the key factors and events helping the crypto market rebound on Nov. 10.
The US Senate has taken a major step toward ending the government shutdown after weeks of political gridlock.
Solana price climbed 5% to $165 as DEX volumes and staking surged, outpacing Ethereum and BNB Chain this weekend.
Michael Saylor’s Bitcoin treasury is preparing for another Bitcoin accumulation following a successful raise in Europe.
Former Binance CEO Changpeng Zhao has made a soft jab at gold advocate Peter Schiff about the verifiability of the asset.
Dogecoin rallied 6.5% following Tesla shareholders’ approval of Elon Musk’s record $1 trillion compensation package, with DOGE derivatives trading spiking 41%.
JPMorgan Chase disclosed a 64% surge in its BlackRock Bitcoin ETF holdings to 5.28 million shares worth $343 million, marking a dramatic reversal from CEO Jamie Dimon’s previous anti-crypto stance.
The crypto market has suffered its first red October since 2018, wiping out nearly all of 2025’s gains after a $19 billion liquidation crash.