Bitcoin, Ethereum, XRP, Dogecoin Rebound After Crypto Wipout Erases 2025 BTC Gains: Analyst Says Bears In 'Full Control' - Grayscale Bitcoin Mini Trust (BTC) Common units of fractional undivided benef
NvidiaNvidia(US:NVDA) Benzinga·2025-11-19 02:25

Cryptocurrency Market Overview - Leading cryptocurrencies experienced a rebound after significant declines, with Bitcoin rising to an intraday high of $93,745.08 after previously dropping below $90,000 [1][3] - The global cryptocurrency market capitalization increased to $3.16 trillion, reflecting a 1.26% rise in the last 24 hours [6] Price Movements - Bitcoin (BTC) gained 0.49% to $92,433.47, while Ethereum (ETH) rose by 2.21% to $3,107.22 [2] - XRP and Solana also saw increases of 2.22% and 6.86%, respectively [2] - Notable top gainers included Anoma (XAN) with a 53.65% increase and Theta Fuel (TFUEL) with a 22.15% rise [6] Trading Activity - Trading volume for Bitcoin increased by 3% over the last 24 hours, although Bitcoin's open interest fell by 2.79% [3][5] - Liquidations in the cryptocurrency market exceeded $460 million, with nearly $320 million in bullish longs being liquidated [5] Market Sentiment - The market sentiment remains cautious, with Bitcoin's Composite Index ratio dropping to 0.72, indicating potential profit-taking by short-term holders [10] - Analysts suggest that if the ratio falls below 0.75, Bitcoin could correct to a support level of $87,500, while exceeding 1 could signal renewed momentum towards $150,000–175,000 [10] Company Performance - Shares of Bitcoin holding company Strategy Inc. (NASDAQ:MSTR) rose by 5.82% [4]