Crypto Roller Coaster: Bitcoin Slips, Leverage Bites, and Uniswap's Bold Governance Gambit
Cryptocurrency News Today: Market Updates & Analysis podcast.Hey everyone, Crypto Willy here—your go-to whisperer for all things crypto, blockchain, and the wild world of decentralized currencies. Buckle up, because this past week in crypto had more twists than a roller coaster at CryptoLand!Market action kicked off with *Bitcoin* slipping below the eye-popping $100,000 line—now sitting near $97,000 after trading between $95,934 and $103,484 according to Binance Market Update. That’s a 5.62% dip on the day, marking the lowest level since May. The crypto market cap itself shrank by 6.14%, dropping to $3.27 trillion. The Fear & Greed Index cratered to 10, signaling “extreme fear”—the kind that shakes diamond hands loose, according to CoinDesk.Nearly all the big names felt the heat. *Ethereum* tumbled nearly 9% to $3189, while *BNB*, *XRP*, and *Solana* weren’t spared—each losing somewhere in the 4-8% range. ADA and DOGE also took heavy hits, and Bitcoin Cash shrank by almost 7%. Not every coin was in free-fall: *LSK*, *ALCX*, and *TRB* defied gravity, soaring 18%, 13%, and 11% respectively. If you had those in your wallet, well done you, friend.So, why all the turbulence? CNBC Crypto World points to a perfect storm: Wall Street’s nervousness about AI stocks, jitters over the Fed’s next rate move, and a government shutdown finally ending—but leaving everyone edgy about liquidity. That AI-led stock pullback dragged crypto with it, showing once again how tightly bitcoin’s fate is linked to tech sentiment.Leverage, meanwhile, became the villain of the week. AInvest breaks down how Bitcoin’s 10% nosedive sparked $3.2 billion in liquidations, exposing overleveraged players and a reminder that risk piles up quickly in bull markets. Cory Klippsten from Swan Bitcoin says lots of OGs sold around $100,000, but he’s eyeing a bounce from these levels and expects new highs—possibly over $125,000—in 2026.Speaking of big-picture moves, Bitwise CEO and macro-guru Raoul Pal declared the old four-year cycle narrative officially obsolete. The recent ETF launches, he argues, pulled forward gains and flattened the wild swings we used to expect, so don’t hold your breath for an epic crash—or a straight shot to the moon. It’s more like, “steady accumulation zone” than “rocket time” these days.Let’s talk governance: Uniswap’s UNI token made headlines, doubling in price in just six days early November. Founder Hayden Adams dropped a bold governance proposal to turn on protocol fees, align ecosystem incentives, and add slick new features like “Protocol Fee Discount Auctions” and aggregator hooks, aiming to turbocharge DEX performance—reported by Bankless.On the regulatory front, the SEC and CFTC are officially back after a 43-day U.S. government shutdown, primed to resume their watchful gaze on the crypto sector. The chatter is that the Fed isn’t sweating the dollar’s slide, but inflation worries mean tighter policy could persist—a headwind for risky assets.So, what’s next? Market sentiment is shaky but some analysts, like Cory Klippsten, reckon this floor might soon become a launchpad for the next rally.Thanks for hanging out with me—Crypto Willy! You know I’ve always got an eye on the charts and my ear to the ground. Come back next week for more wild crypto rides and sharp analysis. This has been a Quiet Please production. For more on me, head to Quiet Please dot A I.Get the best deals https://amzn.to/3ODvOtaThis content was created in partnership and with the help of Artificial Intelligence AI
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