The cryptocurrency market is picking up again today.
After briefly dropping below $90,000 and even $87,000, Bitcoin is back on track, gaining more than $4,000 in the past day and topping $91,000.
Many altcoins saw more impressive daily gains, with XRP, ADA, PEPE, SUI, ICP, XLM, and others all posting double-digit gains.
BTC exceeds $91,000
The primary cryptocurrency had another stellar week, surging from $80,000 on Monday to a new high of nearly $94,000 on Wednesday. After this massive run-up, it was somewhat expected that it would cool down and retrace.

Bitcoin hit an all-time high of $93,477 this week.
Despite a pullback late in the week, analysts remain bullish on BTC.
PNUT, PEPE, and DOGE led the gains this week.
Bitcoin broke records last week, surging to an all-time high of $93,477 on Nov. 13. After a meteoric rise, the cryptocurrency fell 3% and finally stabilized around $88,500.
Several bullish factors have driven BTC higher this week, with Donald Trump’s victory in the US election being a key one.
Trump’s reelection is expected to bring a more favorable regulatory environment for the cryptocurrency industry.

Story Highlights
FLARE has gained 73% in two weeks, breaking through a long-term resistance trendline.
The MACD shows continued bullish momentum and the positive histogram supports the uptrend.
A breakout above $0.025 could propel FLARE to the 78.60% Fibonacci level at $0.03820.
As the total market capitalization of cryptocurrencies other than Bitcoin and Ethereum reaches $800 billion, Flare’s price has gained bullish momentum. In the past 24 hours, the altcoin has risen by nearly 40% and has surpassed $1 billion in market capitalization.
Will the ongoing bull run in Flare price continue past the $0.030 mark? Let’s find out in our latest FLR price technical analysis.

Sol has broken through multiple resistance levels over the past few weeks, hitting new highs this week, and buying has cooled. Prices are taking a break and are currently trading weak on the day, entering a brief consolidation phase.
Sol has been on a tear in the past week’s rally, along with other top altcoins, breaking new highs above $225. However, as the fifth-largest cryptocurrency by market cap, there are bigger moves ahead, but prices are currently in a consolidation phase.
This phase temporarily halts buying as it builds momentum for the next major move. During this period, the price has declined due to the recent market crash but still remains above the $200 level.

Ali Martinez, a well-known cryptocurrency expert, said Dogecoin (DOGE) has managed to create a history of recording amazing gains.
The newly proposed Department of Government Efficiency (DOGE) led by Elon Musk has put the meme-inspired token in the spotlight.
Dogecoin (DOGE) has become a standout in the meme craze. The Trump administration’s recent appointment of Elon Musk to lead the newly created Department of Government Efficiency (DOGE) has put the meme-inspired coin back in the spotlight.
Ali Martinez, a well-known cryptocurrency expert, said that Dogecoin has successfully created a history of significant price increases. In 2017, when the coin soared 9720%, the coin experienced multiple corrections, which mostly stabilized the price at a rational level. This trend continued in 2021, when Dogecoin soared a staggering 30,700%, with two major corrections of 46% and 53% respectively.

Cardano (ADA) has been making headlines as it has led the market with a staggering price surge, bucking the broader cryptocurrency trend. On November 16, 2024, while other assets were struggling to gain momentum, ADA prices surged by a massive 28%.
Cardano (ADA) Price Momentum and Its 28% Gain
Meanwhile, the asset has experienced a 7% upward momentum in the past hour and is currently receiving significant attention from cryptocurrency enthusiasts. Following this significant price increase, ADA is currently trading at nearly $0.732. Additionally, the asset’s trading volume has jumped 180% in the past 24 hours, highlighting the increased participation of traders and investors in the ongoing rally.

Supported by technical indicators and whale interest, PNUT’s breakout suggests bullish potential.

PNUT broke out from a symmetrical triangle, and strong MACD and RSI signals indicate a bullish pattern.
Balanced liquidation data and whale accumulation support the prospect of continued gains.
Peanut Squirrel [PNUT] recently broke out of a symmetrical triangle pattern on the 1-hour chart, a move that often signals a continuation of bullish momentum. At press time, PNUT is in a crucial retest phase with a price of around $2.1389.
If this retest is successful, it could confirm the breakout and pave the way for another move upwards. This retest level is crucial. Therefore, any successful holding of support here is likely to attract more buyers, thus strengthening the bullish sentiment.

Cryptocurrency prices on November 16: BTC, ETH, SOL and XRP saw significant gains amid huge optimism. OM and GOAT were the top gainers.
Highlights
The Bitcoin price is currently holding at $91,000 after a worrying drop recently.
Ethereum and top altcoins surged as market sentiment turned bullish.
Meanwhile, there are glimmers of optimism in the memetic crypto space.
Cryptocurrency prices today showed a striking upward momentum, sparking investors' curiosity in the digital asset space. Bitcoin (BTC) price rose above $91,000 again, while top altcoins mostly mimicked a bullish trajectory. The global cryptocurrency market capitalization rose 4% to $3.03 trillion today, marking a huge growth. However, total market volume fell 15% to $195.36 billion.

Bitcoin Price Plunge: The recent drop in BTC prices has sparked concerns among investors, with many expecting a further correction to come. What’s next for the cryptocurrency?
Highlights
Bitcoin prices fell nearly 4% today, indicating low investor interest.
As the price of Bitcoin hits new highs, a BTC whale recently sold $169 million worth of Bitcoin for profit.
Bitcoin miners also continued to sell frantically, further depressing the price of Bitcoin.
Bitcoin Crash: BTC prices have been on investors’ radar lately, especially as the cryptocurrency retreated today. The decline comes as the cryptocurrency recently hit all-time highs, surpassing the $93,000 mark this week. Now, as investors look for potential factors that could have triggered the recent pullback, we explore some of the main reasons behind BTC’s plunge.

The Dogwifhat whale dumped a large amount of tokens, pocketing $7.5 million in profits, sparking speculation that WIF’s price may have broken out.
Highlights
Dogwifhat smart whale sparked market discussion with massive sell-off.
Whales exchange WIF for SOL, thereby making a profit.
WIF prices plunged intraday, with investors speculating on future trends.
A Dogwifhat smart whale made a splash in the cryptocurrency space on Friday by dumping a massive amount of the dog-themed meme token. Recent on-chain statistics indicate that the smart whale traded up to 850,000 tokens, making a healthy profit of $7.5 million. The trading strategy attracted widespread attention as WIF prices plunged more than 15% intraday, sparking uncertainty among investors as to whether the token may have peaked in a bull run.

Powell is not in a hurry to cut interest rates.

In the morning session, the total market value of cryptocurrencies fell by 4% in the past day, hovering around $3.03 trillion. Data showed that in the past 24 hours, nearly 200,000 people in the cryptocurrency field had their positions liquidated.

Of course, the trend sentiment in Q4 will not change much. Even if there is no interest rate cut in December, it may bring negative sentiment to the market in the short term, but the general direction is still upward.
Brothers, the bull market is moving too fast

After several days of rapid advance, Bitcoin fell back to the 5-day moving average today, driving away those who stopped losses along the 5-day line. It is currently at 87k. This is understandable. With the suppression of yesterday's highs, the first stage has come to an end, and the main uptrend must also choose a way to end. The adjustment range will be seen in the rest of November. The adjustment of Bitcoin is also pouring cold water on the overheated market to cool it down. Bitcoin is allowed to rise by 10,000 dollars a day, but it cannot fall by 6,000 a day? What's more, it has been rising for a week.

As several meme coins have shown bullish trends over the past few days, WIF has fully recovered to the top after a strong rebound but has yet to break out to higher levels.
Last month, WIF broke above the medium-term resistance line, sparking bullish momentum, but encountered rejection below the key $3 level and began to decline.
The drop brought a bit of a setback to buyers as the price retraced back to the $1.8 level, validating the breakout and retest pattern on the daily chart. After holding that level as support, the cryptocurrency rebounded and started to show signs of strength again.

The price of DOT is now at a critical point.

Based on market indicators and sentiment analysis, DOT prices are expected to decline from press time levels.
If enough buying pressure emerges at the support level, a strong rebound can be expected
Polkadot’s [DOT] recent weekly gains of 21.81% may soon stall, especially considering the asset has already started to fall. At the time of writing, DOT is down 1.81%, and the altcoin may soon see further declines.
The latest analysis from AMBCrypto highlights DOT’s next target levels, indicating where a potential rally could occur.

Solana’s bullish momentum continues, supported by strong market sentiment and technical indicators pointing to potential gains.

Bullish sentiment and strong technical indicators suggest that Solana will continue to trend upward.
Despite the drop in social volume, the balanced long-short ratio and technical strength show more gains.
At press time, Solana [SOL] is experiencing strong bullish sentiment from both the crowd and smart money, with crowd sentiment at 0.51 and smart money sentiment rising significantly to 3.94 according to Market Prophit.
This dual optimism indicates growing confidence in SOL’s upside potential.

Aptos (APT) recently hit a new 7-month high but faces challenges as traders explore key support levels.
With the recent downturn, APT’s price action will determine the sentiment of the broader crypto market, highlighting the need for strategic observation.
Market analysts at COINOTAG said, “Future movement will largely depend on the ability of buyers to defend the $10.35 support level.”
Aptos (APT) is in the spotlight after hitting a new 7-month high. Learn more about its current support level and future trend forecast
Aptos Price Action: Critical Analysis of Immediate Support Levels

Neiro surged 30.29% on the weekly chart, signaling the potential for new highs.

Nairo's stock price has risen 30.29% in seven days.
Market fundamentals suggest that memecoin is experiencing strong upward momentum.
The cryptocurrency market has been experiencing a strong uptrend over the past few weeks, with memecoin seeing explosive growth.
Neiro coin [NEIRO] is not far behind in the memecoin rally. As a result, Neiro coin has seen strong gains over the past week, hitting new highs.
In fact, at press time, Neiro is trading at $0.002664, up 12.06% over the past 24 hours. Additionally, the memecoin has also seen significant gains on its weekly and monthly charts, up 30.29% and 26.91%, respectively.

Risk Gold trading volume surged 4105.82% and the price fell 31.36% in 24 hours. What happens next?

The Adventure Gold cryptocurrency trading volume jumped 4105.82%, indicating rising interest among traders.
Technical analysis points to resistance at $1.77, with potential targets at $3.39 and $7.78.
Adventure Gold [AGLD]’s 24-hour trading volume reached $1.58 billion, an astounding 4105.82% increase in the past 24 hours.
The sharp rise in activity indicates growing interest among traders and increasing market participation.
At press time, Adventure Gold is trading at $1.62 and despite being up 21% over the past seven days, it is down 31.36% over the past 24 hours.

The U.S. October PPI data released last night showed that controlling inflation was hindered. The U.S. stock market did not react sharply, but Bitcoin fell below the $89,000 mark.
U.S. Federal Reserve Chairman Jerome Powell made hawkish remarks at an event in Dallas early this morning (15th) Taiwan time. He said that the U.S. economy has performed well recently, giving the central bank room to cut interest rates cautiously. When approaching the so-called neutral interest rate level, it would be wise to cut interest rates slowly if economic data allows.
The economy is not sending any signals that a rate cut is urgently needed, and better economic conditions allow us to act prudently in making decisions.

Among mainstream cryptocurrencies such as Bitcoin and Ethereum, MEME has a unique temperament and has attracted a group of unique fans.
The hype started with memes and humor, and while it’s a high-risk market to enter, it can also be a high-reward market, and PEPE is one of them. Let’s look at the experience of the next investor who turned $26 into $61.5 million using this frog-themed cryptocurrency.
How $26 Became $61.5 Million
In April 2023, an investor perfectly analyzed the growth potential of PEPE and invested only $0.013 in ETH, worth about $26. He used this money to buy 2.52 trillion tokens because PEPE had just entered the market and lacked investor attention. However, over time, PEPE's valuation has grown amazingly, now turning $26 into $61.5 million, making it a successful cryptocurrency trading experience.

The stories of squirrel PNUT, frog PEPE, and hippopotamus MOODENG are very popular. Now the eagle has come. Affected by the arrest of Polymarket founder, Free Shayne Coplan has been fermenting rapidly since this morning. The current market value is about 20 million US dollars. Are there any like-minded people?
DARAM AI just launched and is making waves by combining art, community, and blockchain technology into one colorful, meme-filled platform. Inspired by a little girl’s playful doodles of her pet goose, Daram, the platform uses the power of AI and tokens to reinvent her art, inviting everyone to enjoy a little fun and creativity.