Cryptos In Green Amidst A Blue Wave In U.S.
Bullish strength: 65/100
- Total cryptocurrency market capitalization increased to $2.62 trillion.
- Bitcoin gained 1.55% overnight and reached a 24-hour high of $78,696.
- Ethereum gained 1.55% overnight.
- Zcash surged 9.2% overnight.
- Relief rally followed the elimination of electoral uncertainty.
Bearish strength: 35/100
- Political resistance to crypto-friendly policies could limit gains.
- Bitcoin spot ETFs recorded $116 million in net outflows.
- Ethereum spot ETFs recorded $85 million in net outflows.
- Aggregate crypto liquidations reached $452 million.
- Bitcoin remained down 2.7% over the past week.
This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.