🔮 Crypto Oracle Daily 11/6 | A bloodbath across the board, and only this coin is rising
Bitcoin had only just reclaimed 80,000 yesterday, but after U.S. tech stocks plunged last night and the Nasdaq fell 5.5%, Bitcoin gave it all back: it’s now around 76,200, down 5.6% over 24 hours, with the election-night low of 75,600 right nearby. Ethereum fared even worse, falling 7.7% to 2,242. The Fear and Greed Index had only just returned to neutral at 50 yesterday, but this morning it’s back in the fear zone around 30.
But there’s one exception today: $CAP .
$CAP (Cap, a credit protocol + cUSD stablecoin) is up 11% against the market, trading at $0.108—the biggest gainer among the top 500 coins by market cap today. Its market cap is about $170 million, with $11 million in 24-hour trading volume. It was auctioned for just $0.011 at the end of October, and it’s now nearly 10x that price.
By the way, yesterday’s star, $FLUID , has also given back its gains today, falling to 2.38, down around 5%—just below the 2.4 level I mentioned yesterday.
👉 My prediction: Can Bitcoin hold the election-night low of 75,600 tonight? If it does, watch for the 100-day moving average at 77,700. If it breaks below, this rebound is probably over for now. U.S. nonfarm payrolls data is also due tonight at 21:30, so watch out for volatility.
What do you think? Vote in the comments: Bullish 👍 / Bearish 👎
#BinancePick #幣安神算子 #CAP #BTC
Not investment advice
Bitcoin had only just reclaimed 80,000 yesterday, but after U.S. tech stocks plunged last night and the Nasdaq fell 5.5%, Bitcoin gave it all back: it’s now around 76,200, down 5.6% over 24 hours, with the election-night low of 75,600 right nearby. Ethereum fared even worse, falling 7.7% to 2,242. The Fear and Greed Index had only just returned to neutral at 50 yesterday, but this morning it’s back in the fear zone around 30.
But there’s one exception today: $CAP .
$CAP (Cap, a credit protocol + cUSD stablecoin) is up 11% against the market, trading at $0.108—the biggest gainer among the top 500 coins by market cap today. Its market cap is about $170 million, with $11 million in 24-hour trading volume. It was auctioned for just $0.011 at the end of October, and it’s now nearly 10x that price.
By the way, yesterday’s star, $FLUID , has also given back its gains today, falling to 2.38, down around 5%—just below the 2.4 level I mentioned yesterday.
👉 My prediction: Can Bitcoin hold the election-night low of 75,600 tonight? If it does, watch for the 100-day moving average at 77,700. If it breaks below, this rebound is probably over for now. U.S. nonfarm payrolls data is also due tonight at 21:30, so watch out for volatility.
What do you think? Vote in the comments: Bullish 👍 / Bearish 👎
#BinancePick #幣安神算子 #CAP #BTC
Not investment advice