๐งจ Crypto Blood Moon: Bitcoin Crashes Below $108K as Market Cap Falls Under $4 Trillion โ Will November Bring Redemption?
The crypto market is drenched in red as Bitcoin slips below $108,000, dragging the entire market into correction territory.
Ethereum (ETH) tumbled near $3,820, while XRP, SOL, and DOGE plunged over 5% in 24 hours.
Data from Binance shows heavy outflows from major exchanges โ signaling that whales may be moving to self-custody amid rising global uncertainty. The overall crypto market cap has now fallen under $4 trillion, marking one of the sharpest drops since July.
Meanwhile, political headlines shook the space: Binance founder CZโs presidential pardon dominated global news, sparking fierce debate about cryptoโs growing political power.
As October ends in chaos, traders are asking the big question โ โWill November ignite the rebound?โ
Some analysts believe Bitcoinโs dominance is climbing again, hinting at an early rotation back into BTC before the next leg up.
Stay alert. The next few days could define the Q4 crypto narrative. ๐๐ฅ
DYOR No Financial advice!