@tonscar
📰 Short Crypto News Summary (November 8, 2025)
* Price Nudges Up: Bitcoin (BTC) bounced back slightly, rising 2.11% to stand above $103,400. Major altcoins like ETH, SOL, and XRP followed suit, signaling a minor recovery after a volatile week.
* Tether Buys the Dip: Tether (USDT Issuer) aggressively bought nearly 10,000 BTC during the recent price crash, reinforcing institutional long-term conviction in Bitcoin.
* XRP ETF Hope: XRP surged 5% after 21Shares filed an amended Spot XRP ETF application. The move forces the SEC to review the application within 20 days, raising hopes for a potential approval by the end of November.
* Analysts Lower Target: Galaxy Digital revised its 2025 year-end Bitcoin price forecast down by 35% from $185,000 to $120,000, citing continued selling pressure from whales and persistent ETF outflows.
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