Analysts Say November to Continue to Be a Strong Month for Crypto

  • Cryptocurrency markets are experiencing volatility, with notable declines in Bitcoin, Ethereum, Solana, and Dogecoin.
  • Jamie Coutts warns of increased risk for assets as USD strengthens and central bank actions fluctuate.
  • Swissblock analysts highlight the US presidential election as a key factor, stressing the market impact of potential non-acceptance of results.
  • US spot Bitcoin ETFs see significant growth, now holding over 1 million BTC valued at approximately US$68 billion.

The crypto market continues its rough and choppy journey. On the weekly timeframe, Bitcoin, Ethereum, Solana, Dogecoin, and other major cryptocurrencies are mainly trading flat. Meanwhile, the Fear & Greed Index on CoinMarketCap has…

Source link