BTC, ETH, and XRP Face Extreme Fear, But Whales Are Sending Mixed Signals

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Retail sentiment has turned sharply bearish across the crypto market, with Bitcoin recording 0.82 bullish comments for every bearish one, Ethereum at 0.88, and XRP falling to 0.49. Santiment says extreme fear can precede a rebound, although Bitcoin’s break below $74,914 strengthened Crypto Patel’s bearish outlook, which targets a range of $65,500 to $62,500. Large holders sold more than 34,000 BTC worth about $2.6 billion and nearly 17,800 ETH worth approximately $40 million, while accumulating 65.32 million XRP valued at nearly $72 million. Crypto exchange-traded funds remain under pressure, with outflows of $95 million for Bitcoin, $1.32 million for Ethereum, and $7.62 million for XRP on Tuesday. In November, cumulative outflows have reached $1.58 billion for Bitcoin, $551.10 million for Ethereum, and $18.57 million for XRP.

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Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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