▍Today's key story

The crypto market has been “wiped out,” mainly due to rising expectations of multiple Fed rate hikes, sustained ETF net outflows, and sell-offs in tech stocks.

ETF fund flows have been one of the main themes lately; changes in flows are more worth watching than single-day price moves.

▍Major cryptocurrencies

$BTC 64,943.25 (-4.03%)

$ETH 1817.01 (-4.95%)

BNB 594.26 (-5.06%)

SOL 71.36 (-6.34%)

The drop is sharp; don't rush to buy the dip.

▍Top gainers and losers

Top gainers: EVAA +54.8%, SOPH +13.91%, PIEVERSE +11.31%

Top losers: KAVA -57.94%, AGT -28.24%, TAC -26.82%

▍Market Sentiment

Fear & Greed Index: 10 (Extreme Fear), down 3 from yesterday

$50.05 million liquidated across the crypto market in the past hour, with long positions accounting for 93.7%

▍Worth Watching

1. SIGN will unlock approximately $2.48 million worth of tokens tomorrow (November 16), equal to 10.5% of the circulating supply

2. VANA will unlock 969,000 tokens tomorrow (November 16), equal to 3.14% of the circulating supply

▍My Take

Take in all the news first, then decide whether to make a move.

What will you do today?