Bitcoin slipped under $95,000 in a sharp morning sell-off, prompting renewed questions about whether a fresh bear market has begun. The drop pressured broader crypto markets and pushed funding rates toward short-favoring territory on some venues.
XRP's 50-day moving average has crossed below the 200-day, confirming a death cross and marking a bearish shift; traders are now eyeing three key downside targets and where a trend reversal could invalidate the signal.
U.S. spot bitcoin ETFs recorded $869.9 million in outflows on Thursday, Nov. 14, the second-largest single-day withdrawal on record. The move heightened negative sentiment around BTC and could add near-term pressure to prices.
Bitcoin's Fear & Greed Index has fallen to its lowest extreme fear reading since March amid continued downside price pressure, prompting debate over whether a durable bottom is forming.
Santiment says social sentiment around Bitcoin, Ethereum and XRP has fallen sharply as a selloff pushes traders into defensive posture, even as on-chain and momentum readings hint at short-term bottom signals.
After asking four AIs whether Pi Network (PI) can reach a new all-time high before end-2025, responses were mixed; Grok warned it’s unlikely, citing "current bearish technicals, ongoing unlocks, and subdued sentiment."
Bitcoin traded around $103,000 while ether hovered near $3,500 as the market consolidated on Thursday and sentiment skewed toward fear.
Bitcoin sentiment has slipped into 'Extreme Fear' as many holders worry a deeper drawdown is coming, but some market signals point to a potential turn in the near term. Traders are watching whether current weakness becomes a capitulation-driven base before a fresh rally.
Bitcoin did not experience the post-shutdown bounce many traders expected after the end of the longest US government shutdown. Market reaction was muted as macro and liquidity concerns outweighed any political relief rally.
Public companies are cutting back on fresh Bitcoin purchases and prioritizing the defense of existing treasuries after cumulative corporate holdings reached an all-time high amid softer market sentiment.