Market & Price Highlights

Bitcoin (BTC) is trading around $107,000.

Ethereum (ETH) is around $3,643.

The broader crypto market cap has slipped — down ~3.5% recently to about $3.69 trillion.

Bitcoin had its first October monthly loss in seven years — a sign that things may be more volatile than usual.

Some analysts believe November often brings strong gains for Bitcoin historically (40%+ in past years) — but that’s not a guarantee.

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🏛 Regulation & Institutional Moves

Hong Kong announced plans to relax crypto-trading rules and launch a tokenisation pilot program, signalling a push toward being a digital asset hub.

A major institutional move: Coinbase Global is reportedly in advanced talks to acquire the London-based stable-coin payment startup BVNK for around $2 billion.

Regulatory & macro themes remain big: interest rates, geopolitics (e.g., U.S.–China trade) and regulatory outlooks are influencing sentiment.

🔧 Tech, Infrastructure & Tokenisation

The shift toward real-world asset (RWA) tokenisation is gaining momentum — meaning physical assets (real estate, bonds etc.) are increasingly being represented on-chain.

Several networks are planning major upgrades (layer-2s, cross-chain). For example, Ethereum’s next improvement is being watched closely.

⚠️ Things to Watch & Risks

Market sentiment is cautious — while past Novembers have been strong, “past performance is not a guarantee of future results.”

Support levels matter: For ETH, ~$3,750 is a key support band; for BTC, if large support fails there’s risk of deeper pullbacks.

Regulatory or macro shocks (interest rate rises, new rules, etc.) could trigger sudden moves.

With tokenisation & institutional interest growing, smaller & newer projects may carry higher risks (and higher potential rewards) but also bigger failures.

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