Why is the crypto market going up today?

The crypto market is soaring today, with Bitcoin price rising past $106,000, down from this week’s low of $99,400, and the valuation of all tokens recovering back to $3.67 trillion. Summary Crypto markets surged back to over $3.67 trillion on Monday. Bullish macro developments are helping fuel today’s recovery. Over $260m in short positions were…

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Circle earnings and key token unlocks

The crypto market was mixed last week, with top coins like Bitcoin, XRP, and Cardano falling, while privacy tokens like Monero, Zcash, and Dash soared.  Summary Circle Internet will publish its financial results this week as its stock crash continues. Top cryptocurrencies will unlock tokens worth millions. Some of the most notable ones are Aster,…

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All 12 Bitcoin ETFs see outflows totaling $558M, Solana extends inflow streak to day nine

All 12 U.S. Bitcoin spot ETFs recorded outflows totaling $558.44 million on November 7. This was one of the largest single-day withdrawals since the funds launched. Summary Bitcoin spot ETFs saw $558M in outflows, led by Fidelity’s FBTC and BlackRock’s IBIT. It was the second-largest single-day withdrawal since U.S. Bitcoin ETFs launched. Solana ETFs extended…

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Bitcoin price nears key $91K–$97K support zone

Bitcoin price is cooling after its October peak, and the market is now watching whether buyers will defend the key $91,000–$97,000 support zone. Summary Bitcoin is easing lower after a strong October peak, now trading near key support levels. On-chain metrics show a potential test of the $91K–$97K “profit floor,” where buyers have repeatedly stepped…

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