📈 Alcx Sapien Pump: Sapien ($SAPIEN) and Alchemix ($ALCX) are experiencing rapid price pumps, drawing attention from traders eager to capitalize on quick gains.
These spikes are driven by hype and speculative buying, but caution is advised due to frequent sharp retracements and potential rug pulls. Meanwhile, privacy coins
like Zcash ($ZEC) and Dash ($DASH) continue to rally, supported by growing demand for digital privacy. Market participants are split between chasing fast profits and fearing sudden dumps.
🗓️ November Market Live: Stocks and gold surged while bonds fell as Bitcoin rebounded strongly from bear-market lows, signaling renewed investor interest. Market participants are focusing on technical patterns like Elliott Wave to anticipate future moves.
New crypto listings and futures trading
options are expanding, fueling trading activity. The market remains cautious but optimistic as Bitcoin holds key support levels above $100K.
🏦 New NYC Policies:
Zohran Mamdani, the newly elected NYC mayor, announced a controversial Bitcoin tax requiring all residents to contribute. His agenda includes socialist policies like city-run grocery stores and race-based property taxes, sparking fears of economic decline and exodus.
Supporters see this as a push for economic justice and systemic change, while critics warn it could harm NYC’s financial stability and drive away businesses.
🪶 Robinhood Embraces Bitcoin:
Robinhood is considering adding Bitcoin to its corporate treasury, signaling a potential shift toward crypto asset adoption.
This move follows strong Q3 earnings, with revenue doubling year-over-year and crypto revenue surging 300%. The company aims to leverage Bitcoin as a strategic asset amid growing institutional interest. Market watchers see this as a step toward mainstream crypto acceptance.
🧑⚖️ Supreme Court and Bitcoin:
The U.S. Supreme Court is expected to rule soon on the legality of President Trump's tariffs, with odds rising that the tariffs may be struck down. This decision could trigger significant financial repercussions, including potential refunds to businesses. Meanwhile, major financial institutions like JPMorgan and Charles Schwab are increasingly bullish on Bitcoin, citing its growing appeal over gold and plans to expand crypto trading services by 2026.
President Trump
remains focused on crypto, calling Bitcoin vital for the financial system and preparing backup plans if tariffs fail.
#BitcoinRebound
#CryptoPumps
