Shiba Inu price defends yearly low as burn rate jumps 1,000%

Solana's price has shown early signs of recovery, maintaining critical support at $131, which suggests a potential short-term bullish reversal in the cryptocurrency market. The price has recently bounced back from a low of $128, indicating a shift in momentum as it consolidates above $135.

Bitcoin's price has seen a significant decline, dropping 31% from its all-time high, with current trading around $85,000. This downturn is attributed to increased outflows from exchange-traded funds and a broader bearish trend in the cryptocurrency market.

Pepe Coin has experienced a significant decline in price over recent months, currently trading at its lowest level since October 10, indicating a challenging market environment for the cryptocurrency. As exchange inflows surge, a potential bullish pattern is beginning to form, suggesting a possible reversal in sentiment.

Binance Coin's price is nearing a death cross, indicating a potential further decline, as it has fallen nearly 40% from its year-to-date high. This technical bear market is compounded by a significant drop in transactions on the Binance Smart Chain (BSC), raising concerns about the token's future performance.

November is poised to become the worst month in history for Bitcoin exchange-traded funds (ETFs), with outflows reaching approximately $3.5 billion. This significant withdrawal reflects a growing trend of investor caution amid fears of a potential bear market, as Bitcoin's price has also seen a notable decline.

Dogecoin has experienced a notable rise in value as anticipation builds around the upcoming launch of Grayscale's Dogecoin ETF, scheduled for November 24, 2025. Analysts attribute this increase to a combination of meme enthusiasm and institutional inflows, despite ongoing technical uncertainties in the market.

Ethereum's price is currently facing significant downward pressure, with bearish candles indicating a potential for further correction towards key lower support levels. This trend follows a recent decline below the $2,700 mark, raising concerns about the cryptocurrency's stability and market position.

The Cardano blockchain experienced a significant network split on November 21, 2025, triggered by a crafted delegation transaction that exploited a known software bug. This incident halted ADA trading on major exchanges and led to an investigation into the exploit, resulting in key resignations within the organization.