Bitcoin Takes a Dive Below $100K for First Time Since Zoo Visits ๐ฑ
The leading cryptocurrency, Bitcoin, has decided last week’s joyride was too much and is now playing “Plunge to June’s Lowest Level”, while altcoins are clearly not fans of hanging out with it.
- Nada, We Got No More $100K. Bitcoin hit below the $100,000 level for the first time since June 22, scoring a low of $99,941 on the OKX exchange before realizing “Meh, let’s recover from this.”
Looks like correction territory is our new address, with a 22% drop from its “I can’t believe this isn’t April Fools’!” peak earlier this month. ๐คฏ
- Let’s Bet on the Plunge. Polymarket shows a 51% chance of Bitcoin hitting $90,000 this year-talk about a rollercoaster betting platform.
The odds have traded places since last month, making you wonder if that $90K is suddenly more mainstream than avocado toast. Quick sentiment shift: intrigue or panic?
Franklin Templeton’s XRP ETF: SEC’s Next Dance Partner ๐บ๐
The financial giant that lives better than your best friend’s auntie just updated its filing for an XRP exchange-traded fund (ETF).
- Ready for a Regulatory Shimmy. Franklin Templeton slides $1.5 trillion into their S-1 filing for XRP ETF-because who doesnโt want an SEC approval?๐
With the SEC scrutinizing this like they’re reviewing your prom outfit, shortened Section 8(a) in their filing makes it look like “The SEC approves-I mean, not yet!”
Rippleโs $1 Billion Buyback: The Shareholder Party of the Year ๐ญ๐
Ripple’s offered a billion-dollar party where no one shows up-surprising, given their $40 billion punch bowl tempting offer. ๐ฅณ
- Buyback Boredom. Ripple’s generous party invite for a buyback wasn’t the life of the bash, with the lowest participation rate yet.
It seems investors are all about that long-term potential life, with the confidence perhaps reinforced by the recent court conquests and deal making. These private shareholders are now patting their pockets, “Keep it green.” ๐ฐ
Shiba Inu: The Mass Sell-Off Edition
Shiba Inu’s current mood can only be described as “massive sell, donโt look back!” with 1 billion SCOVES hitting the exchanges. The price’s drop is making the charts as hysterical as a toddlers’ tantrum fits. ๐คฏ
- Clearing Out Coins. 1 billion SHIB sold on exchanges-it’s definitely a “clean room” phase.
Support levels are as broken as my old college friendships, taking a nosedive like a runaway ski. If you factor in the increased volume, things might look even more bearish for the beloved pups.
Dogecoin Juggling with Bearish Setup
DOGE crafted the weepiest chart since grads thank their professors, setting up possibly the most unpleasant 40% dip since the 15% markdown on your first designer bag. ๐ฟ
- Let’s Doom and Gloom. Dogecoinโs peeking below $0.18 marks the countdown to potential retreat, with a potential close at $0.10 by next summer vacation.
Itโs the kind of setup that leaves analysts drooling-in a terrifying, market-crash way. BRB, building a bunker!
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2025-11-10 04:07