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Zohran Mamdani's NYC mayoral victory, predicted by crypto markets with 92% accuracy, signals regulatory tightening. His consumer-protection focus contrasts with defeated pro-crypto candidate Andrew Cuomo's innovation agenda.
Liquidations across the entire network reached $2 billion, BTC failed to hold the $100,000 mark, hitting a six-month low.
Although retail investors still made a net purchase of $560 million that day, it was not enough to prevent the Nasdaq from plunging more than 2%.
As fear grips crypto markets, analysts reveal three proven strategies for timing altcoin entries. Experts recommend focusing on strength instead of support breaks, tracking hot narratives like privacy and ZK coins, and waiting for Bitcoin’s next move before rotating into alts. Patience and precision remain key this November.
The crypto market’s $1 trillion wipeout has rattled investors, sparking debate over whether this downturn marks a new bear market or a short-term correction before recovery.
Pi Coin’s momentum is fading as capital outflows rise and technical signals turn bearish, with the price now at risk of reentering a consolidation zone under $0.20.
Starting from just $40,000, we ultimately sniped more than 200 altcoins across over 10 different blockchains.
- 06:58"Maji Big Brother" turns a profit on his Ethereum long position and adds more, with the current liquidation price at $3,205.86According to Jinse Finance, on-chain data monitoring shows that "Machi Big Brother" Huang Licheng is continuing to make small additions to his 25x leveraged Ethereum long position. His current position has increased to 3,100 ETH, with a holding value of $10.402 million. The position has now turned from a loss to a profit, with a liquidation price of $3,205.86.
- 06:58Crypto market fluctuates downward, but most small-cap old coins see gainsJinse Finance reported that on November 7, the crypto market experienced a volatile downturn. According to Coingecko data, except for BNB, the top ten cryptocurrencies by market capitalization are all in decline, but small-cap old coins are generally rising and performing impressively. Among them, Filecoin is currently priced at $2.25, up over 67% in 24 hours; AR is currently at $5.96, up over 35% in 24 hours; ICP is currently at $7.83, up over 31% in 24 hours; APT is currently at $3.12, up over 19% in 24 hours; NEAR is currently at $2.26, up over 18% in 24 hours; ZEC is currently at $593, up over 16% in 24 hours; DASH is currently at $115, up over 12% in 24 hours; KAS is currently at $0.051, up over 12% in 24 hours; DOT is currently at $2.84, up over 8% in 24 hours; ATOM is currently at $2.76, up over 6% in 24 hours.
- 06:58Analyst: If bitcoin can break through the quarterly breakeven price of $114,000, the trend for this quarter will turn bullish.Jinse Finance reported that despite increased market volatility and an overall downturn, experts remain optimistic, expecting bitcoin to end the fourth quarter on a positive note. Bitcoin needs to rebound by at least 10% to reach the quarterly break-even price of $114,000. If it can break through this level, the trend for this quarter will turn bullish. "The impact of the China-US trade war on risk assets such as cryptocurrencies may exceed expectations," said Daniel Liu, CEO of Republic Technologies. He added that the potential US government shutdown crisis has also intensified the market's wait-and-see sentiment. Adam Chu, Chief Researcher at GreeksLive, stated that this cautious attitude is reflected both in market behavior and in declining liquidity. Citing cryptocurrency options data, he pointed out that neither bulls nor bears currently have the upper hand. "On the contrary, they expect the market to remain range-bound," Chu said. The analyst also highlighted systemic risks, warning that "potential institutional defaults could occur at any time," and that "the recent string of defaults in the decentralized finance (DeFi) and stablecoin sectors may be a signal of a looming crisis."