[LIVE] Crypto News Today, November 7 – Bitcoin Tries To Stay Above $100K While Privacy Coins Like ZCASH (ZEC) and Monero (XMR) Surge: Best Crypto To Buy?
continues to defend the $100,000 level after a volatile week shaped by U.S. government shutdown risks and broader macro uncertainty. The chart shows signs of consolidation, with higher lows forming, a setup many traders view as a bullish sign when searching for the best crypto to buy this week. Analysts suggest that a potential rally could follow once political uncertainty clears.
Meanwhile, Tether_to has increased its Bitcoin holdings by 961 BTC, worth around $97.3 million, reinforcing institutional confidence in Bitcoin as a reserve asset.
At the same time, privacy-focused cryptocurrencies are outperforming the market. Zcash has surged to $618, up 20% in the last 24 hours, while gained 2% daily and 12% over the past week.
