November's looking bright for crypto, especially with Bitcoi
Shakeel Baig
Updated at: 6 hours ago
{"content":"November's looking bright for crypto, especially with Bitcoin's historical 42.5% average gain this month.
- *Bitcoin (BTC)*: Pulling back to $110,587 after hitting $122K, but potential rate cuts and ETF inflows could drive it to $120K+. BlackRock's iShares ETF saw $370M inflows, and total ETF net inflows topped $1.9B last week.
- *Ethereum (ETH)*: Holding strong above $4,000 with a 2.2% weekly gain, fueled by the upcoming Fusaka hard fork. Tom Lee predicts $5,500-$12,000 by year-end.
- *Solana (SOL)*: Resilient at $185 with $69.5M inflows in Bitwise's spot Solana ETF. Targets are $240-$300, driven by infrastructure growth and South Asia's adoption surge.
- *XRP*: Bullish Bollinger Band support at $2.63, with potential to hit $3+ as Canary ETF verdict looms.
- *BlockchainFX*: Presale smashing $11.4M with staking rewards and listings incoming.
What's driving the market?
- *Institutional inflows*: $2.15B ARK exposure and $1.38B record inflows in Bitcoin ETFs.
- *Fed rate cuts*: Potential cuts boosting investor confidence.
- *AI-crypto convergence*: $3.48B AI funding in October.
What's your top pick this month?
#BTC #BinanceSquareTalks #ETH #SOL ","images":[],"tags":[],"tradingPairs":["SOL/USDT"],"quotearticleid":0}