Altcoins gain share as Bitcoin drops ~24% in November; crypto market down $91B, ETFs for XRP · DOGE approved — heavy liquidations wipe ~$400B; DeFi loses ~$60B; Kiyosaki sells $2.25M in Bitcoin, reinvests in surgery centers billboard business — CryptoQuant warns of fading demand as BTC nears critical support

first published 2025-11-22T10:24:26Z

Bitcoin fell more than 24% in November while the ALT/BTC ratio rose ~9.5%, signaling altcoin relative strength. CryptoQuant data show altcoins now account for ~60% of Binance volume (highest since early 2025) while BTC and ETH comprise about 20%. Bitcoin displays extreme oversold technicals — daily RSI at a two-year low, weekly RSI back to January 2023 levels, and daily MACD at its lowest reading — and was trading near $83,953, up ~2.5% in the last 24 hours.

AI Analysis

Facts: BTC fell >24% in November; ALT/BTC ratio rose ~9.5%; altcoins account for ~60% of Binance volume while BTC+ETH ≈20%; BTC technicals show daily RSI at a two‑year low, weekly RSI back to Jan 2023 levels, and daily MACD at its lowest reading; BTC trading ≈$83,953, up ~2.5% in 24h. These concrete volume and momentum signals point to increased risk appetite and potential short‑term mean reversion in BTC, while altcoins are relatively stronger — supporting a modestly bullish short‑term outlook for alts and cautious view on BTC.

Source Articles