Crypto Market Volatility: Bitcoin Rebounds, Altcoins Plummet
Update: 2025-11-05
Description
On November 5th, Bitcoin plummeted below $100k, triggering $2B in liquidations, but quickly rebounded. Ethereum and Solana also dropped, with Ethereum falling below $3,100. Despite market fear and significant altcoin losses, Bitcoin is now around $102k, Ethereum is over $3,340, and Solana is nearing $160. Positive developments like Bitcoin ETF inflows and potential crypto in 401k plans are boosting optimism. Meanwhile, ZKsync's token utility plans led to a 25% surge, Gemini plans a prediction market, and Sequans DAT sold $100M in Bitcoin.
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