XRP commentator Oscar Ramos&#8217;s coverage of a pivotal industry event was 
temporarily erased by YouTube due to an alleged violation of community 
standards.

YouTube’s brief XRP strike revives ‘crypto purge’ memories

On Tuesday, the Bitcoin price briefly dipped below the significant $100,000 
threshold for the first time since June. Market expert Lark Davis summarized 
the facts behind the ongoing sell-off on the social media platform X (formerly 
Twitter), describing the situation as &#8220;absolutely relentless.&#8221; Bitcoin Price 
Set For Deeper Correction Davis highlighted a range of factors contributing to 
the Bitcoin price downturn, including selling activity from exchange-traded 
funds (ETFs), and large-scale investors known as whales. He suggested that 
fear among investors is reaching a peak, indicating a phase of significant 
capitulation. Related Reading: Dogecoin Volume Spike To $2 Billion Might Be 
Bearish, Here’s Why Amid these developments, reports have emerged that the 
Bitcoin price is undergoing an Elliott Wave Correction. Analysts suggest that 
Wave (5) appears to be complete, and Wave (B) might have reached its peak. 
This could set the stage for a deeper Wave (C) correction, potentially 
bringing the price down to the $70,000 to $75,000 range. This would mean an 
additional 30% decline ahead for the market’s leading crypto. The unfolding 
Elliott Wave A-B-C structure indicates that there is strong support for the 
Bitcoin price in the &#8220;green box” seen in the chart above, which could serve as 
a potential reversal zone. However, the analyst caution that a substantial 
rally may follow the completion of the Wave (C) correction. Altcoins At Risk 
Further complicating the outlook, market analyst Ted Pillows emphasized that 
merely conducting quantitative tightening (QT) would not suffice to stabilize 
the market. Referring to historical data from the third quarter of 2019, when 
the Federal Reserve (Fed) halted QT, Pillows noted that altcoins dropped 
significantly—by 40%—and did not find a bottom until the Fed initiated 
quantitative easing (QE). Related Reading: Bitcoin Remains ‘Fully Bearish’ 
Until This Price Level Is Reclaimed: Veteran Analyst He warned that the 
current situation would likely mirror that past experience, stating that 
unless new liquidity enters the market, alts will continue to set new lows. 
While a few may outperform, the majority are expected to decline further. As 
of writing, the Bitcoin price had recovered the $100,900 mark. However, losses 
of 6% and 12% were recorded in the last 24 hours and over the past seven days, 
respectively. Featured image from DALL-E, chart from TradingView.com

Bitcoin Price Falls Under $100,000: Elliott Wave Analysis Forecasts Decline To $70,000

Dogecoin (DOGE) is experiencing heightened turbulence as on-chain metrics 
reveal a $2 billion surge in trading volume and an increase in whale 
movements. While such explosive market activity may be misconstrued as 
bullish, deeper analysis suggests a more bearish atmosphere, as large holders 
offload their positions amid waning retail demand. With DOGE prices 
consolidating near critical levels after its recent breakdown, analysts warn 
of an impending continuation of the downtrend as key supports fail to hold. 
Dogecoin $2 Billion Volume Surge Raises Red Flags On-chain data from 
TradingView has revealed a significant surge in Dogecoin’s trading activity, 
with volume climbing as high as 62% and exceeding $2 billion on Tuesday, 
November 3. Despite the apparent increase in market participation, the 
underlying signals from oscillators, Moving Averages (MA), and pivot 
indicators collectively point toward “strong” selling pressure. Related 
Reading: 4 Major Developments That Could Accelerate The Dogecoin Price To $1 
In 2025 Notably, much of this heightened activity has been attributed to large 
holders liquidating their positions amidst broader market weakness, 
contributing to the already substantial wave of sell volume. TradingView data 
shows that Dogecoin’s price has been in a decline during this increase in 
market activity, highlighting the underlying bearishness fueled by increased 
selling activity. DOGE’s price has been consolidating between $0.17 and $0.21 
since mid-October 2025, forming a tight price range. However, with its recent 
volatility, its price has dropped below its former consolidation range and is 
now trading around $0.16, at the time of writing. TradingView confirms that 
Dogecoin’s previous range-bound behavior and its consistent price decline are 
being driven by whale distribution rather than accumulation. To support this 
claim, recent reports from crypto analyst Ali Martinez revealed that over 1 
billion DOGE were sold by whales within a single week. And just the week 
before, these large-scale investors had initiated a $500 million DOGE 
liquidation. This escalating sell pressure has effectively weakened Dogecoin’s 
technical outlook, with prices now down more than 37% in the past month and 
momentum indicators showing exhaustion among buyers. Analysts Predict Deeper 
DOGE Crash As Support Crumbles Martinez and market expert ‘Umair Crypto’ have 
both issued fresh warnings amid Dogecoin’s ongoing price correction. In his 
post on X, Martinez emphasized that the DOGE price has officially lost its 
structural support at $0.18, invalidating the prior bullish scenario. His 
accompanying chart projects potential downside targets as low as $0.12, 
suggesting a 30% decline from current levels if bearish momentum continues. 
Related Reading: Dogecoin Price Breakdown Is Nothing To Worry About? This Long 
Term Structure Points Above $1 Umair Crypto’s analysis echoes similar 
cautions, showing Dogecoin trading around $0.169, having failed to hold 
previous support levels. He noted that the initial bounce from this current 
price range appears weak, indicating that sellers are dominating the market. 
The analyst’s chart suggests that the next critical support is near $1.41, 
approximately 15% below current levels. Additionally, he warns that weak 
rebounds at this key level often signal the start of a continued downtrend, 
suggesting that price declines could be on the way. Featured image from Getty 
Images, chart from Tradingview.com

Dogecoin Volume Spike To $2 Billion Might Be Bearish, Here’s Why

Bitmine has expanded its ethereum position to 3.4 million ETH, bringing its 
total crypto and cash holdings to $13.7 billion. The company now owns 2.8% of 
the total ETH supply, marking a key milestone in its long-term goal to reach 
5%. $13.7 Billion in Crypto and Cash for Bitmine Bitmine Immersion 
Technologies (NYSE: BMNR) has […]

Bitmine Nears 3% of ETH Supply as Holdings Reach 3.4 Million Tokens

ARK Invest sold 38,000 Palantir shares ahead of earnings, reallocating funds 
to crypto exchange Bullish and Beam Therapeutics.
The post Cathie Wood sells over 38K Palantir shares before earnings appeared 
first on Crypto Briefing.

Cryptocurrency price in LKR