Pi Network price prints rare bullish Adam and Eve pattern: Bottom forming?

Bitcoin is currently trading just above $83,000, amid a wave of liquidations totaling approximately $2 billion. This decline has been accompanied by significant outflows from spot exchange-traded funds (ETFs), indicating a challenging environment for major cryptocurrencies like BTC, ETH, XRP, and SOL.

Dogecoin price has broken through several major support levels, with price action turning sharply bearish. A new yearly low at $0.08 is now at risk if sellers continue to dominate the market.

Asia's crypto media landscape is undergoing significant changes, with a notable concentration of traffic among fewer than 20 leading outlets. In the second quarter of 2025, 82% of all crypto-native traffic in the region was directed towards these tier-1 publishers, indicating a shift in how audiences consume crypto news and information.

Ethereum's price is experiencing significant downward pressure, breaking through major support levels and falling below key high-time-frame zones. This decline signals the potential early stages of a bear market for the cryptocurrency, raising concerns among investors about the sustainability of its recent gains.

Michael Saylor's company, Strategy, is facing potential risks as Bitcoin's price has fallen to multi-month lows below $100,000. With a substantial holding of 649,870 BTC, the decline in Bitcoin's value raises concerns about the financial stability of the largest Bitcoin-holding public company in the world.

Bitcoin's price fell to a seven-month low of nearly $85,000 on Friday, driven by a sudden selloff that caught long-position investors off guard. This decline coincided with continued outflows from spot ETFs, intensifying market pressure. Analysts are concerned about the potential for further declines as the cryptocurrency market grapples with significant volatility.

Crypto prices fell sharply on November 21, with Bitcoin dropping to $85,310, marking a significant decline amid a broader market downturn. The total cryptocurrency market capitalization has fallen below $3 trillion for the first time since May, now estimated at approximately $2.95 trillion. Other major cryptocurrencies, including Ethereum, XRP, and Solana, also experienced declines, contributing to over $950 million in liquidations.

Kalshi has raised $1 billion in funding, increasing its valuation to $11 billion. This funding round follows a previous $300 million raise at a $5 billion valuation, marking one of the fastest valuation increases in the prediction market sector.