According to Satoshi Index, the long position ratio of top traders over the past 24 hours has increased to 81%, up from earlier in the morning. In contrast, the 7-day and 30-day groups maintained a significant short position ratio of 91%. While BTC and ETH saw slight gains, the unrealized P&L for the 24-hour group remained in the red.

The proportion of Ripple (XRP) futures long position accounts reached 74%, with the price recorded at $1.17. Open interest in futures was tallied at $395 million, an increase of 5.84% from 24 hours ago. However, the proportion of long accounts is based on the number of accounts and does not represent the actual scale of funds.

Bitcoin perpetual futures price rose to $75,992, with open interest increasing to $7.3 billion. Although the proportion of long positions was high, this does not necessarily indicate overall market strength. The scale of forced liquidations exceeded $17 million, with long positions being larger.

AI token usage and spending increased by 37.1% and 8.9% respectively in one month, but token prices fell. The AI investment boom is expected to slow down in 2027 and decline in 2028. Some companies saw an increase in AI-related sales.

China's State Council announced strengthened virtual asset supervision and supervision of real-asset tokenization, while Hong Kong is pushing to restrict the names of unlicensed exchanges. The Moscow Exchange plans to pilot the introduction of Bitcoin, Ethereum, and Tether trading. An asset outflow of approximately $4.06 million occurred on the Tron network, and the correlation coefficient between Bitcoin and the S&P 500 recorded 0.80.

The cryptocurrency market showed mixed trends, with Bitcoin and Ethereum experiencing slight gains. Bitcoin's dominance expanded, but a short-term wait-and-see attitude was observed as derivatives trading volume decreased. Most altcoins showed an upward trend.

Global trending coin 1st place on CoinMarketCap is ZIG, while Korea's is CYBER. Among the global top 10, 8 were not included in Korea's top 10, showing a difference in interests between the two countries.

Over the past 24 hours, the cryptocurrency market experienced liquidations totaling $152.55 million in leveraged positions, with long positions accounting for 70.55% of the total. Significant liquidations occurred across major assets, including Bitcoin and Ethereum.

Kevin O'Leary predicts the CLARITY Act will pass in 2027 due to economic necessity, driven by tokenization and the need to modernize financial systems. He believes regulatory clarity is essential for crypto's integration.

Bitdeer has sold all 258.6 BTC mined this week. Since reducing its BTC holdings to zero on February 20th, the company has maintained a strategy of immediately liquidating mined quantities.

Bitdeer sold 258.6 BTC produced this week, maintaining zero net holdings. The company's weekly update confirmed the sale, with holdings remaining at zero, excluding customer deposits.

The correlation coefficient between Bitcoin and the S&P 500 index over the last 30 trading days has reached 0.80, indicating a significant increase in the association between the two assets. This suggests that macroeconomic factors are playing a crucial role in determining market direction.

Spot Bitcoin ETFs experienced $412M in net outflows on Nov 6, with BlackRock's IBIT leading outflows at $403M. Fidelity's FBTC saw the largest inflow of $42.8M.

Bloomberg's Mike McGlone reiterates his $10,000 Bitcoin price prediction, linking it to an impending stock market bear cycle. He believes the stock market has already started its downturn, which could significantly impact BTC.

Bitcoin's correlation with the S&P 500 has hit 0.8, the highest since 2020, indicating macro factors are heavily influencing its direction.

BlackRock's iShares Bitcoin Trust (IBIT) saw record outflows of $403M on Nov 2, 2026, as clients redeemed shares. This selling pressure, primarily through Coinbase, added to the market supply, though IBIT remains the largest Bitcoin ETF.