📉 Nov. 6 Crypto Market Update
After the post-midterm surge above $80K faded, $BTC fell to about $75,700, back below its 100-day average.
After a week of ETF withdrawals, $ETH dropped ~7.9% to ~$2,237.
$SOL under $90 | $XRP ~$1.20
The dip: why?
• Risk assets were hit by Thursday's Nasdaq chip sell-off.
• The US jobs report on Friday (165K new jobs) sparked concerns about a rate hike by the Fed. and e.
Levels to observe:
Bitcoin: resistance of about $81,705, rebound of about $75
ETH: roughly $2,170
Will you wait or buy the dip? 👇
#cryptonews #bitcoin #ETH
Not financial counsel.
After the post-midterm surge above $80K faded, $BTC fell to about $75,700, back below its 100-day average.
After a week of ETF withdrawals, $ETH dropped ~7.9% to ~$2,237.
$SOL under $90 | $XRP ~$1.20
The dip: why?
• Risk assets were hit by Thursday's Nasdaq chip sell-off.
• The US jobs report on Friday (165K new jobs) sparked concerns about a rate hike by the Fed. and e.
Levels to observe:
Bitcoin: resistance of about $81,705, rebound of about $75
ETH: roughly $2,170
Will you wait or buy the dip? 👇
#cryptonews #bitcoin #ETH
Not financial counsel.
