Last Night’s Crypto Highlights — Get the Market Focus in 1 Minute! | November 15th

AI Summary2 min read

TL;DR

Crypto market plunged with BTC hitting a local low of $94,012 amid fear sentiment. ZEC surged 23% despite downturn, while memecoin HIPPO crashed 76%. Analysts warn of further BTC declines to $80K support.

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🚨 Last Night’s Crypto Highlights — Get the Market Focus in 1 Minute!

1⃣ $BTC hit 94,012 USD, setting a new local low as the crypto market plunged. The CMC Fear & Greed Index shows Fear (20). U.S. equities were mixed, though AI leader Nvidia managed to rebound.

2⃣ Liquidity typically thins out over the weekend, making the market highly sentiment-driven. Watch out for sharp wicks and sudden trap moves.

3⃣ $ZEC defied the market downturn and surged to $650, up ~23% in 24 hours. ZEC shielded pool balances have been decreasing recently, diverging from the strong price rebound.

4⃣ $HIPPO, a Sui-ecosystem memecoin, crashed 76% within 15 minutes. With market conditions this weak, niche altcoins may face brutal sell-offs. Stay away + de-leverage.

5⃣ Multicoin Capital announced that its liquidity fund has invested in ENA — but no pump followed. $ENA’s market cap has dropped to $4.1B, nearing cycle lows.

6⃣ Treasury player performance overview:

• Strategy (BTC): +30% unrealized profit
• Bitmine (ETH): ~20% unrealized loss
• Forward Industries (SOL): ~35% unrealized loss

7⃣ Market take: One key driver of the U.S. equity bull market is share buybacks. Many DeFi protocols have strong revenue — if they became the largest buyers of their own tokens through real buybacks, overall market sentiment might improve.

8⃣ BiyaPay analyst: BTC’s technicals have deteriorated. After breaking below $100K again, the next major support lies at $80K. A Placeholder partner said they plan to re-enter BTC if it falls to $75K or lower.

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