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Crypto Price Analysis 11-13: BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, DOGECOIN: DOGE, FILECOIN: FIL

The cryptocurrency market has given mixed signals over the past 24 hours. Real World Assets (RWAs) and NFT sectors have registered substantial gains, while Bitcoin (BTC) trades in bearish territory. BTC traded above $105,000 on Wednesday but lost momentum and fell to a low of $101,036

The price recovered from this level, reaching an intraday high of $103,898 before moving to its current level. BTC is down nearly 2% over the past 24 hours, trading around $102,914

Meanwhile, Ethereum (ETH) fell to an intraday low of $3,378 early in the session before rebounding and briefly crossing $3,500. However, it lost momentum after reaching this level and is trading around $3,490. Ripple (XRP) is up almost 4%, while Solana (SOL) is down over 2%, trading around $154. Dogecoin (DOGE) and Cardano (ADA) are marginally up over the past 24 hours, while Chainlink (LINK) is up nearly 1% at $15.83. Stellar (XLM) is up over 3%, while Hedera (HBAR) is down over 2% at $0.179. Litecoin (LTC), Toncoin (TON), and Polkadot (DOT) have also registered substantial declines over the past 24 hours

Japan Mulls New Rules To Rein In Crypto Holdings

Japan Exchange Group is mulling new measures to curb the growth of listed digital asset treasury companies as losses raise concerns about investor protection. According to reports, the Tokyo Stock Exchange operator is considering stricter use of its backdoor listing rules, and may also require fresh audits for companies with large crypto positions. However, no final decision has been taken. The report also claims that three listed firms have paused plans to buy cryptocurrency after pushback from JPX. The companies were told that their fundraising could be limited if they pursued a crypto-acquisition strategy

“According to Bloomberg, Japan Exchange Group (JPX) is weighing tighter rules to curb ‘coin-hoarding’ listed companies (DATs) after heavy retail losses. JPX is considering stricter backdoor-listing enforcement and re-audits, has asked three prospective DATs to pause plans, and warned that financing may be restricted if crypto accumulation remains a core strategy. Japan has 14 listed Bitcoin-buyers—the most in Asia; Metaplanet, the largest, is down over 75% from its June peak.”

JPX does not have blanket rules against crypto accumulation. However, a spokesperson stated that it is monitoring companies that raise risk and governance concerns to protect investors and shareholders

US Shutdown Finally Ends

US President Donald Trump has signed off on a funding bill to officially end the record 43-day government shutdown. The funding bill passed the Senate on Monday and the House of Representatives on Wednesday, with Trump signing the bill within hours to restart the government. Republicans and Democrats had locked horns over healthcare funding, halting progress on the bill. Democrats wanted to increase support while Republicans wanted to address the issue after the bill had passed. President Trump indicated he was willing to work with the Democrats to iron out issues, stating that after signing the bill,

“I’m always willing to work with anyone, including the other party. We’ll work on something having to do with health care. We can do a lot better.”

The reopening will see staff return to crypto-related agencies, including the United States Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). ETF issuers have been waiting for the SEC to approve a host of spot crypto ETF applications

Prosecutors Seek Retrial For MEV Bot Brothers

Anton and James Peraire-Bueno could face a second trial as early as February. The brothers were indicted for their alleged role in money laundering and fraud involving a $25 million hack on the Ethereum blockchain. Lawyers requested a retrial of the brothers “as soon as practicable in late February or early March 2026.” The request comes three days after a judge declared a mistrial after the jurors could not reach a verdict. US authorities charged the brothers with conspiracy to commit wire fraud, money laundering, and conspiracy to receive stolen property related to their role in using maximal extractable value (MEV) bots

Bitcoin (BTC) Price Analysis

Bitcoin (BTC) survived substantial selling pressure to remain above $100,000 and rebound during the ongoing session. The flagship cryptocurrency fell sharply on Tuesday, falling nearly 3% after reaching an intraday high of $107,482 and settling at $104,009. Sellers retained control on Wednesday as the price fell 1.33% to a low of $100,803 before settling at $101,639. BTC has reclaimed $103,000 during the ongoing session and is trading around $103,082

US markets surged on Wednesday as investors anticipated the US House of Representatives would pass the funding bill to end the government shutdown. However, BTC failed to capitalize, losing momentum and dropping to $100,800 before reclaiming $101,000. BTC’s sharp drop was accompanied by a broader shift in risk assets, with investors favoring assets that have exposure to clearer economic policies and credit flows. Gold and silver’s rally reflected strong demand for safe-haven assets, amid expectations of a policy shift by the Federal Reserve

BTC’s decline could indicate continued profit-taking after it reached an intraday high of $107,482 on Tuesday. It also suggests muted institutional inflows into cryptocurrencies compared to traditional investment assets. However, analysts believe volatility could shift in favor of BTC as spot Bitcoin ETFs show signs of a recovery. An uptick in ETF inflows would suggest a return of risk appetite following the October 10 market crash. Bitcoin ETFs recorded $524 million in cumulative net inflows on Tuesday, but saw $278 million in outflows on Wednesday as sentiment reversed. Fidelity’s FBTC saw the largest outflow of $132.9 million, followed by Ark Invest’s ARKB with $85.2 million. BlackRock’s IBIT saw $36.9 million in outflows, while Grayscale’s GBTC recorded $23 million in net outflows

BTC started the previous weekend in positive territory, rising 1.15% on Friday and settling at $109,555. Price action remained positive on Saturday and Sunday as BTC rose 0.45% and 0.44% to cross $110,000 and settle at $110,536. Selling pressure returned on Monday as the price fell nearly 4% and settled at $106,557. The bearish sentiment intensified on Tuesday as BTC slipped below $100,000, falling to a low of $98,892. However, it rebounded from this level to reclaim $100,000 and settle at $101,468. Despite the overwhelming selling pressure, BTC recovered on Wednesday, rising over 2% and settling at $103,869.

Source: TradingView

BTC returned to bearish territory on Thursday, dropping to a low of $100,235 before settling at $101,290. The price slipped below $100,000 again on Friday, falling to a low of $99,170 before recovering and settling at $103,284, ultimately rising nearly 2%. Price action was mixed over the weekend as BTC fell 0.97% on Saturday before rising 2.36% on Sunday and settling at $104,964. Buyers retained control on Monday as BTC rose 1.23% and settled at $105,979. Buyers lost momentum on Tuesday as BTC fell nearly 3% and settled at $103,009. Sellers retained control on Wednesday as the flagship cryptocurrency fell 1.33% to $101,639. However, BTC has recovered during the ongoing session, with the price up 1.25% at $102,910.

Ethereum (ETH) Price Analysis

Ethereum (ETH) has bounced back after facing substantial selling pressure and volatility over the past few sessions. The world’s second-largest cryptocurrency fell over 4% on Tuesday and settled at $3,417. ETH reached an intraday high of $3,586 before losing momentum and settling at $3,414, ultimately registering a marginal decline. The altcoin is up almost 3% during the ongoing session, trading around $3,501.

Analysts believe ETH is facing another breakdown as its price action has taken a decisively bearish turn. According to analysts, ETH is showing weakness across all timeframes after failing to remain above the crucial $4,000 mark. Momentum indicators are firmly in bearish territory, indicating that sellers are dominating market sentiment. While ETH remains in the upper portion of its trading range, analysts are looking out for cues to see whether another price crash is imminent.

ETH’s weekly price action has reported a 30% drop from its August 2021 all-time high. The drop also took the price below two key levels that analysts expected to provide strong support. ETH lost the $4,000 mark, which acted as the range high, and then broke down from an ascending trend line that had been in place since April, confirming that the upward trend has likely ended.

Meanwhile, spot Ethereum ETFs registered $108 million in net outflows on Tuesday. The pace of outflows increased on Wednesday, with the funds recording $183 million in net outflows.

ETH started the previous week in positive territory, rising 1.14% on Friday. Buyers retained control over the weekend as the price rose 0.67% on Saturday and 0.87% on Sunday to settle at $3,908. However, price action turned bearish on Monday as ETH fell nearly 8% and settled at $3,604. Selling pressure intensified on Tuesday as the price plunged to an intraday low of $3,058. However, it rebounded from this level to reclaim $3,200 and settle at $3,286, ultimately dropping almost 9%. Despite the overwhelming selling pressure, ETH recovered on Wednesday, rising over 4% to reclaim $3,400 and settle at $3,424.

Source: TradingView

Selling pressure returned on Thursday as ETH fell over 3% and settled at $3,313. The price fell to an intraday low of $3,196 on Friday as selling pressure intensified. However, it rebounded from this level to reclaim $3,400 and settle at $3,433, ultimately rising 3.63%. Price action was mixed over the weekend as ETH fell 0.94% on Saturday before rising 5% on Sunday and settling at $3,583. ETH’s momentum stalled on Monday as it registered a marginal decline and settled at $3,567. Selling pressure intensified on Tuesday as the price fell by over 4% and settled at $3,417. ETH faced volatility on Wednesday as buyers and sellers struggled to establish control. Sellers ultimately gained the upper hand as the price fell from an intraday high of $3,586 to $3,414. The altcoin has recovered during the ongoing session, up over 2% at $3,485.

Solana (SOL) Price Analysis

Spot Solana (SOL) ETFs recorded their tenth consecutive day of inflows on Monday. The positive inflows have continued this week as well, with Solana ETFs recording $8 million in inflows on Tuesday and $18 million on Wednesday, taking the total inflows to $368 million. Solana’s DeFi ecosystem is also doing well, with several DEX protocols in its ecosystem leading in volume. According to data from DeFiLlama, Solana-based dEX protocols handled over $139 billion in volume over the past 30 days, significantly higher than Ethereum’s $88 billion and BSC’s $102 billion.

SOL started the previous weekend in positive territory, rising 1.34% on Friday and settling at $187. The price fell 0.45% on Saturday before rising 0.76% on Sunday to end the weekend at $187. Selling pressure returned on Monday as SOL fell 11.55% and settled at $166. Sellers retained control on Tuesday as the price fell 6.65% to an intraday low of $145 before settling at $155. Despite the overwhelming selling pressure, SOL recovered on Wednesday, rising nearly 5% to cross $160 and settle at $162.

Source: TradingView

SOL lost momentum on Thursday, dropping over 4% and settling at $155. Positive sentiment returned on Friday as the price rose over 4% to reclaim $160 and settle at $161. Price action was mixed over the weekend as SOL fell 2.24% on Saturday before rising 4.09% on Sunday and settling at $164. Buyers retained control on Monday as the price rose 1.65% to $167. However, selling pressure intensified on Tuesday as SOL plunged nearly 8% to $154. Sellers retained control on Wednesday as the price fell almost 1% to $153. However, SOL has recovered during the ongoing session, with the price up 1.76% at $156.

Dogecoin (DOGE) Price Analysis

Dogecoin (DOGE) started the previous week in the red, dropping over 10% and settling at $0.167. Sellers retained control on Tuesday as the price fell nearly 3% to $0.162. Despite the overwhelming selling pressure, DOGE recovered on Wednesday, rising 3.02% and settling at $0.167. However, it returned to bearish territory on Thursday, dropping over 3% to $0.162. Bullish sentiment returned on Friday as DOGE rallied, rising over 10% and settling at $0.178.

Source: TradingView

Price action was mixed over the weekend as DOGE fell 0.95% on Saturday before rising 1.13% on Sunday and settling at $0.179. Buyers retained control on Monday as the price rose 1.34% and settled at $0.181. However, it lost momentum on Tuesday, dropping over 5% and settling at $0.172. Price action remained bearish on Wednesday as DOGE fell 1.45% to $0.169. However, it has recovered during the ongoing session, up over 3% at $0.175.

Filecoin (FIL) Price Analysis

Filecoin (FIL) registered a sharp drop on Monday (November 3), falling over 13% to $1.442. Sellers retained control on Tuesday as the price fell by over 5% and settled at $1.367. FIL recovered on Wednesday, rising 2.19% before surging over 35% on Thursday and settling at $1.889. Bullish sentiment intensified on Friday as FIL rose a staggering 77.98% and settled at $3.362.

Source: TradingView

However, price action turned bearish over the weekend as FIL fell 12.11% on Saturday and 5.92% on Sunday to settle at $2.780. Sellers retained control on Monday as the price fell 8.24% to $2.551. Bearish sentiment intensified on Tuesday as FIL fell nearly 14% and settled at $2.227. Wednesday saw another decline, with the price down 1.14% during the ongoing session, trading at $2.172.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

BTC-2.02%
ETH-4.79%
SOL-4.75%
DOGE-3.37%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
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