Base-Tamil
தமிழ் மக்களின் உத்தியோகபூர்வ அடிப்படை (Base) சமூகம் (Community)
4 replies
2 recasts
10 reactions
1 reply
1 recast
1 reaction
0 reply
0 recast
0 reaction
9 replies
1 recast
13 reactions
Crypto markets saw a strong relief rally on November 2, 2025, with total capitalization surging over $33 billion in just six hours and Bitcoin crossing the $111,000 mark amid a broadly positive trend for major assets.
Key Cryptocurrencies Performance
Bitcoin (BTC): Traded between $110,350 and $111,129, showing a daily gain of about 0.67%. Resistance at the $110,000–$112,500 range remains strong due to heavy supply zones, but price action is cautiously optimistic with near-term upside possible if resistance is breached.
Ethereum (ETH): Rose 1.22% to regain $3,850, forming a bullish flag pattern and attracting renewed ETF inflows, indicating sustained investor interest and potential for further growth.
XRP: Surged 11% to dethrone BNB as the fourth-largest cryptocurrency by market cap, now at $152.2 billion. This signals growing interest in payment and remittance projects within the crypto space.
Market Sentiment and Macro Trend the broader market cap hit $3.72 trillion, up 0.4–0.61% this session.This move was primarily driven by rapid short liquidations during low-volume weekend trading, optimism about crypto ETFs, and expectations of institutional participation.
BTC remains above its 200-day moving average, a key technical marker supporting trader confidence and attracting fresh liquidity.
Analysts forecast continued cautious upside if BTC holds above $108,000 and breaches resistance near $114,000, though typical weekend surges may fade with the return of weekday trading.
Other Altcoins and Notable Shifts Solana, Cardano, and Dogecoin also posted moderate gains, continuing the broad-based rally.
Institutional investors are starting to accumulate ETH, driven by expectations for spot ETH ETFs and DeFi stability.
Despite the bullish momentum, U.S. investors are reportedly showing some caution, potentially signaling pockets of risk-off sentiment brewing ahead of major macroeconomic data releases. 0 reply
1 recast
3 reactions
0 reply
0 recast
1 reaction
2 replies
1 recast
3 reactions
Crypto Update of the Day Oct. 30:
Bitcoin continued its downward slide on October 30, 2025, closing at around $106,500—its lowest level since mid-October and down over 15% from its all-time high of $126,000 set earlier this month.
This is now Bitcoin's worst October performance in more than a decade, with a 6.9% drop month-to-date as a hawkish US Federal Reserve has rattled risk assets despite a new US-China trade agreement.
Other top crypto assets like ETH, XRP, SOL, and DOGE have plunged 5%-7% in just 24 hours as the total crypto market sheds billions.
Liquidations peaked at $1.15 billion in the last 24 hours, mostly affecting long positions, with over 220,000 traders impacted globally.
October was expected to be bullish (“Uptober”) but instead saw catastrophic liquidations, altcoins down as much as 80%, and fear dominating sentiment after a black swan event earlier this month wiped out nearly $19 billion in leveraged positions.
Crypto markets remain extremely volatile, with traders now eyeing support in the $100K-$105K zone for Bitcoin heading into November 1 reply
1 recast
3 reactions
0 reply
0 recast
1 reaction
1 reply
0 recast
3 reactions
0 reply
0 recast
4 reactions
0 reply
0 recast
3 reactions
0 reply
0 recast
3 reactions
0 reply
0 recast
4 reactions
0 reply
0 recast
0 reaction