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November 16, 2025
Bitcoin lost multiple critical support areas as data show short-term investors holding on to capitulation-level losses, raising fears of a deeper breakdown in BTC price.
Major mining stocks dropped 20%–50% this week, erasing billions in value as the sector continued to lag Bitcoin’s latest pullback.
BitMine held about $11 billion worth of ETH as of this week, making it the largest Ether treasury in the cryptocurrency industry.
Nearly 67% of investors forecast an interest rate cut of 25 basis points in December when polled during the first week of November.
Solana ETFs recorded inflows for 13 consecutive days, but SOL price lost key technical support levels, sparking fears of a drop to $100.
The weakness in the AI sector contributed to the crypto market downturn, as spot BTC ETF outflows and isolated selling sent Bitcoin price to a six-month low.
Jeff Park’s pro-CFTC comments come just days after US senators introduced a bill pushing to shift crypto oversight from the SEC to the CFTC.
Crypto sentiment platform Santiment warned that when many people start calling a crypto market bottom, it’s wise to stay skeptical.
Although the crypto sentiment index hasn’t fallen this low in more than eight months, some analysts argue the situation isn’t as dire as it appears.
ARK Invest boosted its crypto-linked holdings, buying $5.8 million in BitMine and $2.9 million in Bullish shares amid market dip.
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