đ° Crypto News & Market Update â [Time UTC+6: 12:00]
đȘ Bitcoin (BTC):
Current Price: ~$121,160
24h Change: â0.8% (approx)
đ§ Analysis: Bitcoin is consolidating in the $120,000â$122,000 range after its recent rally to record highs. The market is showing signs of waning momentum, with $120,000 becoming a key support zone.
đ Ethereum (ETH):
Current Price: ~$4,321
24h Change: â2.1%
đ Analysis: Ethereum is under pressure as broader crypto weakness sets in. Profit-taking and reduced network activity are weighing, and ETH must reclaim resistance near $4,400 to regain upside traction.
đ Market Overview:
Total Market Cap: ~$4.24 trillion (â0.9%)
24h Trading Volume: ~$202 billion
Market Trend: Sideways to Mildly Bearish
Highlights: Spot Bitcoin ETFs continue to see net inflows even as ETH ETFs show minor outflows.
đ Top Gainers (Last 24h):
1. Zcash (ZEC)
2. Dash (DASH)
3. (Some outliers like ZORA)
đ Top Losers (Last 24h):
1. Ethereum (ETH)
2. Mantle (MNT)
3. Layer-2 / DeFi names broadly under pressure
đ§© Crypto News Highlights:
Bitcoin remains range-bound between $120Kâ$126K, consolidating post rally.
Indiaâs fintech conference mirrored regulatory caution by excluding crypto / stablecoin topics.
Concerns over weakening U.S. dollar have fueled inflows into Bitcoin, gold, and silver in what some call the âdebasement trade.â
BNB continues to outperform peers â up ~129% YTD and ~29% in October.
Record ETF inflows: $5.95B poured into global crypto ETFs last week, led by Bitcoin & Ether.
đź Expert Outlook:
If BTC holds support near $120,000, a retest of $124,000â$125,000 is possible; a break below could drag prices toward $118,000.
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