"The crypto market hemorrhaged nearly $1 trillion in 48 hours during November's correction. Bitcoin ( CRYPTO:BTC) dropped below $100,000, Ethereum ( CRYPTO:ETH) fell 16%, and altcoins got hammered across the board. The Fed signaled it would keep interest rates higher for longer, tech stocks weakened, and investors scrambled to figure out which assets might lead the recovery. Now that the dust is settling, five cryptocurrencies are dominating analyst watchlists heading into 2026."
"Bitcoin hovers around $100,000 after briefly plunging 14% from its all-time high of $126,000 in early October. The correction wiped out over $1 trillion in crypto market value since October, but BTC found support at the six-figure mark. That's a psychologically important level for bulls. Investors are watching Bitcoin ETF flows and macro conditions closely. Spot Bitcoin ETFs, approved earlier in 2025, drew heavy inflows in Q3."
"Ethereum got hit harder than Bitcoin. ETH fell 16% in 48 hours to about $3,300 during the November 5 correction. Now it trades well below its mid-October peak around $4,800. The fundamentals still look solid though. ETH handles over 60% of all stablecoin transactions and powers most decentralized finance (DeFi) activity. Transaction volumes stayed high even as prices fell, which suggests the network stays active despite bearish price action."
Nearly $1 trillion of cryptocurrency market value was wiped out in a 48-hour November correction. Bitcoin briefly plunged 14% from its all-time high to trade near $100,000, finding short-term support at the six-figure level. Spot Bitcoin ETFs drew heavy inflows in Q3, and post-halving patterns could still point toward $120,000–$150,000 by year-end, though a break below $95,000 risks a slide to the mid-$70,000s. Ethereum fell about 16% to roughly $3,300, trading well under its mid-October peak near $4,800. ETH continues to power a majority of stablecoin activity and high transaction volumes despite the price decline.
Read at 24/7 Wall St.
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