Bitcoin 
Ethereum 
Tether 
XRP 
BNB 
Wrapped SOL 
USDC 
Lido Staked Ether 
TRON 
Dogecoin 
Crypto majors are down 1-3% after a major post-fomc dip yesterday; btc -3% at $110,100, eth -3% at $3,900, bnb +1% at $1,120, sol -2% at $192. Zec (+2%) and aero (+2%) led top movers. 870m+ was liquidated from the crypto market yesterday after bitcoin’s dip to $106,000 driving many alts down 5-10%+. Senator chris murphy has alleged that binance helped coordinate the trump memecoin launch in exchange for cz’s pardon (also featured on the wsj). Coinbase q3 beat revenue with ~$1.9b, transaction revenue tops $1b. Coinbase ceo brian armstrong also mentioned several keywords from prediction market mention markets, raising concerns over market integrity. Strategy (microstrategy) q3 reported ~$2.8b profit in q3 despite softer btc; treasury >$68b btc (640,808 btc). Drake & Adin ross were sued, with the class action lawsuit alleging misleading promos for crypto casino stake. Western union applied to trademark wuusd for its stablecoin.
💡 DMK Insight
Bitcoin’s recent dip to $106,000 triggered over $870 million in liquidations, and here’s why that’s crucial for traders: The post-FOMC volatility is a stark reminder of how sensitive crypto markets are to macroeconomic signals. With BTC currently at $109,375, the 3% drop indicates a potential resistance level around $110,000. Traders should watch for a rebound or further decline; a sustained break below $106,000 could lead to more liquidations and panic selling. On the flip side, altcoins like BNB, which are showing slight gains, might attract attention as traders look for safer bets amidst the chaos. If BNB can hold above $1,087.58, it could signal strength in the altcoin market, especially if BTC struggles to regain its footing. Keep an eye on the broader market sentiment and any upcoming economic data releases that could further impact crypto prices. The next few days are critical; a bounce back could set the stage for a short-term rally, while continued weakness might lead to a deeper correction. Watch for BTC to test the $106,000 level again and see how the market reacts.
📮 Takeaway
Traders should monitor BTC’s $106,000 support level closely; a break could trigger further liquidations, while a bounce might signal a recovery attempt.
