Bitcoin, Ethereum, XRP, Dogecoin Plunge As 'Extreme Fear' Sentiment Intensifies: Despite 'Terrible' Market Environment, Analyst Says 'Not Selling' - Grayscale Bitcoin Mini Trust (BTC) Common units of
NvidiaNvidia(US:NVDA) Benzinga·2025-11-18 02:23

Core Insights - Leading cryptocurrencies experienced significant declines alongside stock markets, driven by a wave of selling pressure [1][6] - Bitcoin fell below $92,000, marking its lowest point in nearly eight months, while Ethereum struggled to maintain the $3,000 support level [3][4] - The overall cryptocurrency market capitalization decreased by 1.81% to $3.13 trillion [5] Cryptocurrency Performance - Bitcoin (BTC) declined by 3.20% to $91,828.39, Ethereum (ETH) fell by 2.19% to $3,031.90, XRP dropped 3.56% to $2.15, Solana (SOL) decreased by 4.85% to $131.86, and Dogecoin (DOGE) fell by 4.21% to $0.1527 [2] - Cryptocurrency liquidations surged to over $760 million in the last 24 hours, with $483 million in long positions liquidated [4] - Bitcoin's open interest increased by 0.41%, while the Long/Short ratio dropped to 0.84, indicating a rise in new short positions [4] Market Sentiment and Predictions - The Crypto Fear & Greed Index indicated "Extreme Fear," reaching levels last seen in late February [4] - Analysts predict Bitcoin will consolidate in the $90,000–$110,000 range through November, while Ethereum is expected to trade between $3,000 and $3,600 [10] - The recent "death cross" for Bitcoin, where the 50-day moving average fell below the 200-day moving average, has mixed implications for future price movements [9]

Nvidia-Bitcoin, Ethereum, XRP, Dogecoin Plunge As 'Extreme Fear' Sentiment Intensifies: Despite 'Terrible' Market Environment, Analyst Says 'Not Selling' - Grayscale Bitcoin Mini Trust (BTC) Common units of - Reportify