Криптовалюты35950
Капитал. рынка$ 3.10T-6.26%
Объём 24ч$ 98.99B+7.77%
ДоминацияBTC54.97%-0.66%ETH10.82%-1.80%
ETH Gas0.18 Gwei
Cryptorank
/

Crypto market today: ETH defends $2.8K, SOL’s ETF inflows continue streak


Newton Gitonga
для Invezz
Crypto market today: ETH defends $2.8K, SOL’s ETF inflows continue streak

Поделиться:

Large-cap alts: ETH defends $2.8K, SOL’s ETF inflows streak, ADA to lose top 20 spot

The cryptocurrency market displayed weakness on Thursday after Bitcoin’s latest dip below $90,000.

CoinMarketCap’s CMC20, which tracks the performance of the top twenty digital tokens by value, excluding wrapped versions and stablecoins, maintained downtrends, suggesting dominant selling pressure.

Analysts perceive the prevailing “extreme fear” as a turning point for a rebound.

Ethereum holds above $2,800

The second-largest cryptocurrency by market cap displayed stability in the past 24 hours.

It has climbed from intraday lows of $2,870 to $3,012 at the time of this publication.

ETH is respecting $2,800 after holding above it since July.

Meanwhile, Ethereum’s “stability” coincides with minor improvements in ETF flows.

Ether exchange-traded funds saw modest outflows yesterday, November 19, briefly pausing a two-week streak of substantial withdrawals across US issuers.

Farside data shows the products saw net outflows worth $37.4 million, the lightest outflows since November 3.

The cooldown has possibly helped reduce selling pressure on Ethereum, preventing sharper declines from its current levels.

While the altcoin hasn’t revealed signs of sustained recoveries, defending the crucial support remains vital, especially as the altcoin seeks a bottom.

Also, a CryptoQuant analyst highlighted $2,800 as a potential rebound zone, stating:

Historically, realized price levels have often marked cycle bottoms, suggesting that this range could once again provide a foundation for a short-term rebound.

SOL ETF records inflows for 17 consecutive days

Solana’s exchange-traded fund has been among the hottest altcoin ETFs, showcasing unwavering demand since its debut.

The financial product has now hit seventeen days of steady inflows, reflecting uninterrupted accumulation even as SOL’s price underperforms.

Bitwise continued to dominate this streak, attracting roughly $424 million between November 3 and 19.

Fidelity and VanEck also recorded positive flows, but only Grayscale and Bitwise posted gains daily.

SOL is trading at $140, down over 25% the previous month as broader sentiments weighed.

The digital asset exhibits notable bearish sentiments, hinting at more dips or consolidation before decisive recoveries.

Meanwhile, Solana’s exchange-traded funds offer the catalyst that could fuel SOL surges past $1,000, as per expert predictions.

HYPE, Monad, and ZEC to dethrone Cardano: says Nansen CEO

Nansen CEO Alex Svanevik sparked a crucial (or bitter for the ADA community) debate today.

He believes Cardano will lose its top twenty spot next year as “it’s a total ghostchain.”

The CEO cited ADA’s sluggish performance, which remains roughly 50% below 2021 peaks.

He expects fast-growing blockchains like Hyperliquid, Monad, and Zcash to flip Cardano in 2026.

ADA ranks 10th with a market capitalisation of $16.52 billion.

The token has dropped by 17% and 33% the past week and month to press time’s $0.4616.

These developments signal how large-cap cryptocurrencies are reacting to the prevailing market uncertainty.

The upcoming sessions will determine whether these trends will solidify or reverse.  

The post Crypto market today: ETH defends $2.8K, SOL’s ETF inflows continue streak appeared first on Invezz

Читать материал на Invezz

В этой новости

Монеты

$ 85.38K

-7.02%

$ 2.77K

-8.17%

$ 0.420

-9.90%

$ 656.89

-3.08%

$ 130.43

-8.72%

Поделиться:

В этой новости

Монеты

$ 85.38K

-7.02%

$ 2.77K

-8.17%

$ 0.420

-9.90%

$ 656.89

-3.08%

$ 130.43

-8.72%

Поделиться:

Читать больше

Crypto Market Crash: $1B in Bitcoin, ETH, SOL & Top Altcoins Liquidated Ahead of Options Expiry

Crypto Market Crash: $1B in Bitcoin, ETH, SOL & Top Altcoins Liquidated Ahead of Options Expiry

Crypto market crash sees no signs of stopping, with $1.35 trillion in market cap wipe...
Institutions pause Bitcoin, Ethereum exposure – This is Solana’s gain

Institutions pause Bitcoin, Ethereum exposure – This is Solana’s gain

Institutional investors are pulling back capital from the crypto market.

Crypto market today: ETH defends $2.8K, SOL’s ETF inflows continue streak


Newton Gitonga
для Invezz
Crypto market today: ETH defends $2.8K, SOL’s ETF inflows continue streak

Поделиться:

Large-cap alts: ETH defends $2.8K, SOL’s ETF inflows streak, ADA to lose top 20 spot

The cryptocurrency market displayed weakness on Thursday after Bitcoin’s latest dip below $90,000.

CoinMarketCap’s CMC20, which tracks the performance of the top twenty digital tokens by value, excluding wrapped versions and stablecoins, maintained downtrends, suggesting dominant selling pressure.

Analysts perceive the prevailing “extreme fear” as a turning point for a rebound.

Ethereum holds above $2,800

The second-largest cryptocurrency by market cap displayed stability in the past 24 hours.

It has climbed from intraday lows of $2,870 to $3,012 at the time of this publication.

ETH is respecting $2,800 after holding above it since July.

Meanwhile, Ethereum’s “stability” coincides with minor improvements in ETF flows.

Ether exchange-traded funds saw modest outflows yesterday, November 19, briefly pausing a two-week streak of substantial withdrawals across US issuers.

Farside data shows the products saw net outflows worth $37.4 million, the lightest outflows since November 3.

The cooldown has possibly helped reduce selling pressure on Ethereum, preventing sharper declines from its current levels.

While the altcoin hasn’t revealed signs of sustained recoveries, defending the crucial support remains vital, especially as the altcoin seeks a bottom.

Also, a CryptoQuant analyst highlighted $2,800 as a potential rebound zone, stating:

Historically, realized price levels have often marked cycle bottoms, suggesting that this range could once again provide a foundation for a short-term rebound.

SOL ETF records inflows for 17 consecutive days

Solana’s exchange-traded fund has been among the hottest altcoin ETFs, showcasing unwavering demand since its debut.

The financial product has now hit seventeen days of steady inflows, reflecting uninterrupted accumulation even as SOL’s price underperforms.

Bitwise continued to dominate this streak, attracting roughly $424 million between November 3 and 19.

Fidelity and VanEck also recorded positive flows, but only Grayscale and Bitwise posted gains daily.

SOL is trading at $140, down over 25% the previous month as broader sentiments weighed.

The digital asset exhibits notable bearish sentiments, hinting at more dips or consolidation before decisive recoveries.

Meanwhile, Solana’s exchange-traded funds offer the catalyst that could fuel SOL surges past $1,000, as per expert predictions.

HYPE, Monad, and ZEC to dethrone Cardano: says Nansen CEO

Nansen CEO Alex Svanevik sparked a crucial (or bitter for the ADA community) debate today.

He believes Cardano will lose its top twenty spot next year as “it’s a total ghostchain.”

The CEO cited ADA’s sluggish performance, which remains roughly 50% below 2021 peaks.

He expects fast-growing blockchains like Hyperliquid, Monad, and Zcash to flip Cardano in 2026.

ADA ranks 10th with a market capitalisation of $16.52 billion.

The token has dropped by 17% and 33% the past week and month to press time’s $0.4616.

These developments signal how large-cap cryptocurrencies are reacting to the prevailing market uncertainty.

The upcoming sessions will determine whether these trends will solidify or reverse.  

The post Crypto market today: ETH defends $2.8K, SOL’s ETF inflows continue streak appeared first on Invezz

Читать материал на Invezz

В этой новости

Монеты

$ 85.38K

-7.02%

$ 2.77K

-8.17%

$ 0.420

-9.90%

$ 656.89

-3.08%

$ 130.43

-8.72%

Поделиться:

В этой новости

Монеты

$ 85.38K

-7.02%

$ 2.77K

-8.17%

$ 0.420

-9.90%

$ 656.89

-3.08%

$ 130.43

-8.72%

Поделиться:

Читать больше

Crypto Market Crash: $1B in Bitcoin, ETH, SOL & Top Altcoins Liquidated Ahead of Options Expiry

Crypto Market Crash: $1B in Bitcoin, ETH, SOL & Top Altcoins Liquidated Ahead of Options Expiry

Crypto market crash sees no signs of stopping, with $1.35 trillion in market cap wipe...
Institutions pause Bitcoin, Ethereum exposure – This is Solana’s gain

Institutions pause Bitcoin, Ethereum exposure – This is Solana’s gain

Institutional investors are pulling back capital from the crypto market.