Crypto Market Replace (Nov 07)

The cryptocurrency market fell 1.44% over the past 24 hours, reversing the day prior to this’s positive factors, whereas extending a 6.5% weekly decline. This drawdown comes amid macro uncertainties and leveraged sell-offs throughout the market.

Over $376 million in crypto derivatives longs had been liquidated in 24 hours, with Bitcoin and Ethereum positions accounting for 95% of losses. Derivatives open curiosity fell 39% month-to-month, signaling lowered speculative urge for food amongst merchants. Excessive leverage has left the market susceptible to sell-offs, with the common funding price dropping 83% to 0.000486%, reflecting diminished bullish conviction.

In the meantime, crypto property traded in tandem with equities as merchants priced in renewed hawkishness from the Federal Reserve. A plunge in earnings for main crypto gamers like Block Inc. highlights sector-specific dangers, whereas cash market stress has elevated fears of tightening liquidity. The market is dominated by a risk-off sentiment, with crypto’s 30-day correlation to the Nasdaq turning unfavorable (-0.23). TradFi outflows hit $4.4 billion month-to-month, draining a key supply of demand for crypto.

As of November 7, 2025, altcoins proceed to lag Bitcoin. BTC’s market share rose 0.5% weekly to 59.79%, whereas the Altcoin Season Index fell 28% weekly to 32/100. This exhibits that traders choose Bitcoin’s liquidity and perceived stability throughout a interval of market stress over altcoins’ excessive volatility, ravenous alts of capital.

TradeFi crypto holdings shifted closely from altcoins to BTC, because the U.S. Strategic Bitcoin Reserve narrative is again on observe. This was mirrored in outflows from ETH ($219 million) and SOL ($14.8 million) ETFs, as institutional traders proceed to trim altcoin publicity to concentrate on Bitcoin’s regulatory readability and general liquidity.

Rising BTC dominance and altcoins’ 30-day underperformance present that the market stays risk-averse, with remoted rallies within the privateness, AI, and knowledge storage niches representing lower than 1% of the entire crypto liquidity. Retail-driven pumps in low-cap cryptos usually fail to kickstart an “altcoin season” – a traditional sign of a “Bitcoin Season”.

Greatest Crypto To Purchase Now: $DASH, $ROSE, $ICP

Based on our evaluation, the most effective cryptos to purchase now for max positive factors are: Sprint (DASH), Oasis Community (ROSE), and Web Laptop (ICP). Their respective rallies occurred amid a broader market decline, supported by elements such because the bullish momentum within the privateness coin sector, the launch of futures merchandise, institutional partnerships, the Bitcoin DeFi enhance, and constructive technical breakouts.

1. Sprint ($DASH)

DASH rose 18.44% up to now 24 hours to outpace each its 7-day and 30-day positive factors. Its surge aligns with sector-wide demand for privateness cash amid regulatory scrutiny. Privateness tokens like DASH, ZEC, and XMR rallied over 80% in early November, largely pushed by institutional curiosity in nameless on-chain transactions. ZEC’s 248% month-to-month acquire has created spillover demand for DASH. In the meantime, Sprint’s Privateness Ship characteristic and its integration with a decentralized alternate on the Maya Protocol have additional boosted adoption, as DEX quantity hit $2 billion in 24 hours. Regulatory crackdown on clear blockchains has elevated demand for privacy-focused options like Sprint. 

On November 6, OKX alternate launched DASH/USDT perpetual futures with 50x leverage. This attracted $1.37 billion in 24-hour quantity for DASH. This excessive leverage amplified shopping for strain for the token, regardless of a rise in liquidation threat. Sprint’s spot vs derivatives quantity ratio hit 0.24, indicating speculative demand.

DASH broke a 968-day downtrend on November 4, with its value surging from $50 to $148.98 throughout that point. Its 14-RSI sits at 75.33, an “overbought” degree that additionally indicators robust bullish momentum. In the meantime, the MACD histogram showcased a bullish crossover at +6.76. DASH’s value should maintain above the 23.6% Fibonacci retracement at $120.56 to focus on the 127.2% Fib extension at $181.74. Brief squeezes and derivatives exercise (63.7% open curiosity) have fueled volatility, with the 200-day SMA ($27.76) changing into a help zone, confirming a long-term bullish pattern.

2. Oasis Community ($ROSE)

ROSE rose 26.4% up to now 24 hours, extending its weekly rally to 47% amid an –11.78% decline over 30 days. Oasis Community’s positive factors may also be attributed to bullish sector momentum for privacy-focused crypto property. As per Grayscale, privateness cash had been the best-performing digital property in October 2025, with ZEC up 248% month-to-month. Buyers are rotating capital into privateness property amid rising institutional demand for an on-chain infrastructure with non-obligatory transparency. Oasis’s concentrate on confidential sensible contracts, shielded transactions, and zero-knowledge proof know-how positions it as a beneficiary to seize the spillover results of the narrative.

On November 5, KuCoin Institutional introduced the launch of Cactus Oasis in partnership with digital asset supervisor Cactus Custody. Cactus Oasis is a crypto platform that allows safe exterior commerce settlements for institutional merchants, with crypto property remaining in regulated custody till the transaction is executed. This characteristic is anticipated to cut back counterparty threat. Cactus Oasis addresses a key bottleneck for institutional crypto merchants about safety and compliance, doubtlessly attracting capital into ROSE. Cactus Custody handles multi-billion-dollar property, and its involvement provides credibility to the Oasis community.

ROSE’s value broke above its 7-day SMA ($0.0173) and 30-day EMA ($0.0187). The token’s 7-RSI sits at 72.63 (Overbought), whereas the MACD histogram turned constructive (+0.000729), signalling prolonged bullish momentum. Brief-term merchants are more likely to be chasing the breakout, however the fast-overheating RSI suggests consolidation threat. Key resistance for ROSE lies on the 38.2% Fibonacci degree ($0.0229), capping positive factors if buying and selling quantity dips. An in depth above $0.0229 might goal the 23.6% Fib vary at $0.0255, however a drop beneath the 50% Fib ($0.0208) might set off profit-taking.

3. Web Laptop ($ICP)

ICP surged 22.68% over the past 24 hours, extending its 7-day rally to 147.69%. Its surge displays a mixture of AI-driven product launches and market optimism surrounding Bitcoin DeFi merchandise. AI narratives are driving speculative curiosity throughout the market, with the launch of the no-code dApp creation platform, Caffeine, including to the hype. Caffeine, which has chain fusion integrations with Bitcoin and Solana, aligns with ICP’s “Self-Writing Web” imaginative and prescient, attracting builders and long-term holders to the Web Laptop ecosystem. Based mostly on GitHub exercise, Web Protocol is ranked the #1 blockchain for builders, signaling robust builder traction.

In July, Web Laptop partnered with Maestro to construct a Bitcoin metaprotocol indexer that helps BTC-native DeFi purposes. BTCFi integration has expanded ICP’s general use circumstances, as each a utility and governance token, boosting market sentiment.

ICP broke above a multi-month descending wedge on the 3-day chart, with its value clearing the resistance zone at $7. Buying and selling quantity is up 288% in 30 days, with 19.57 million ICP ($160.04 million) altering arms over the previous 24 hours. This confirms institutional and retail market participation. Breakouts from extended bearish patterns typically set off algorithmic shopping for and FOMO. The following value goal for ICP is the 127.2% Fib extension at $8.70. Its RSI studying of 79.14 suggests “overbought” threat within the short-term, however robust market momentum might delay a pullback. CoinGlass knowledge exhibits heavy liquidation zones close to $7.50 and $8.00, creating volatility threat. It is going to be key for ICP to make sustained closes above the November 7 excessive of $7.20 to verify the bullish pattern. A failure to take action will lead to profit-taking beneath $6.95.

Remaining Ideas on Greatest Crypto to Purchase Now: $DASH, $ROSE, $ICP

The rallies of in the present day’s best-performing altcoins – Sprint (DASH), Oasis Community (ROSE), and Web Laptop (ICP) – got here amid a broader market decline as a consequence of macro jitters and leveraged sell-offs. This has resulted in traders taking a risk-off method, rotating capital from extremely risky alts into the comparatively steady and liquid Bitcoin. 

Whereas the altcoin market noticed remoted rallies within the AI, knowledge storage, and privateness coin area, these weren’t massive sufficient to set off a sector-wide bull run. It’s key for BTC to reclaim the $103,000 mark for the market to stabilize. The Altcoin Season Index sits at 22/100, whereas the Bitcoin dominance is at 59.62%, indicating that the crypto market stays effectively in a “Bitcoin Season.”