SOL trades near $69 as RSI hits 14
SOL traded near $69, with its daily relative strength index around 14, its lowest reading on record.
- Quant
- Trencher
- Shiller
SOL traded near $69, with its daily relative strength index around 14, its lowest reading on record.
HYPE fell to around $60, with a brief dip to $59, extending its decline after a head-and-shoulders breakdown.
Bitcoin fell below $63,500 as the selloff deepened. Total crypto liquidations reached roughly $2 billion over 24 hours.
ETH, BNB, XRP and SOL fell roughly 9% to 12% over 24 hours. The broader crypto market lost about $230 billion in market value.
Zcash bounced from $800 to $860 after losing more than 35% in a week. The bounce followed eight straight down days.
Bitcoin is back around its 2021 prices, leaving its five-year return flat to negative.
Two Hyperliquid accounts tracked by Lookonchain now have no open perpetual positions after a remaining 56,667 ETH long was liquidated following a partial exit. Their $44.8 million lifetime loss includes more than the final liquidation.
Jeff Dorman says Ethereum should tax its apps to capture more revenue and calls Vitalik Buterin's ETH store-of-value case misguided. He puts Ethereum's revenue at about $6 million over 30 days against ETH's roughly $240 billion market cap.
Crypto Fear & Greed readings fell to 13–15, deep in extreme fear. The reading at 15 was down from 20 a day earlier.
Strategy's unrealized Bitcoin losses reached a reported $8.78 billion with BTC near $65,000, below its $75,456 average purchase price.
Ether fell 20.3% over four weeks versus Bitcoin's 16.3%, based on matched Coinbase closes through Friday. ETH/BTC remains above its 2025 lows despite the selloff.
Binance says it replaced stolen customer assets and reopened withdrawals on 87 networks after the hack. Its November 14 update targets reopening the rest by the end of next week, so availability still depends on the asset and network.
BlackRock's IBIT posted $908.4 million in net outflows for November 9–13, according to Farside. It accounted for most of US Bitcoin ETFs' $1.065 billion in weekly net withdrawals.
A wallet analysis says MIHAO’s creator bought 15% of supply at launch and distributed 125 million tokens to 23 wallets. Those recipients realized $260,000 in gross sale proceeds during the recent price move.
Glassnode puts the monthly stablecoin supply decline at $17 billion, the steepest since 2022. Holders redeeming stablecoins for fiat reduce the buying power available for Bitcoin and other crypto assets.
Bitcoin's weekly candle is down about 13% ahead of Sunday's close. One trader counts only four weekly closes that bad or worse over the past four years.
US Ether ETFs took in $2.36 million on November 13, with Fidelity's $11.64 million inflow offsetting $9.28 million withdrawn from Grayscale's mini fund. Month-to-date net outflows stood at $764.1 million.
An NYSE-affiliated tokenized-stock venue plans to use a permissioned Avalanche-based chain for clearing and settlement, with trades matched on NYSE’s Pillar engine. The venue still needs regulatory approval, and use of the AVAX token remains unclear.
BitMine's unrealized ether losses reached an estimated $9.5 billion, or 47.3% of its $20.1 billion investment. Its holdings are now valued at about $10.6 billion.
Ethereum Foundation-linked wallet 0x5CBC sold another 2,500 ETH for about $4.6 million. It had sold 5,000 ETH for roughly $9.92 million over the previous five days.
XRP fell below $0.95 for the first time since November 2024, extending its slide to a two-year low.
STRC futures reportedly fell below $100 during Bitcoin's selloff. Strategy had funded $188.3 million of STRC buybacks through MSTR share sales in the week ended November 8.
Bitcoin mining difficulty fell 9.13% to 134.82 trillion, its biggest cut since June. The adjustment raises expected revenue per unit of computing power by about 10%, all else equal.
Blockstream launched institutional Bitcoin custody with Thales, running MPC signing inside hardware security modules. The system keeps signing offline.
Wallets linked to Erik Voorhees spent $97 million buying 48,647 ETH over four days. A separate update tracked a $4.75 million purchase of 2,504 ETH at $1,896.