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Plus: Huge Bitcoin sell-off shakes markets

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GM. Sometimes crypto news arrives seedless, but today's has plenty of those.

Let's dig into the juiciest bites:

🍍 Crypto drops hard;

🗳️ Bitcoin bridges the divide;

🍋 Google's Gemini powers new AGI agent, Bindwell raises for AI pest control + more

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🍍 Market flavor today

Fear and Greed Index
Find out more about the Fear & Greed Index here.

 Crypto Market Cap: $3.29T -4.77% (24H)
  Name   Price 24H 7D
Bitcoin Bitcoin BTC $96,475.74 -4.67% -3.72%
Ethereum Ethereum ETH $3,198.79 -5.58% -2.02%
XRP XRP XRP $2.30 -5.34% 4.59%
BNB BNB BNB $923.82 -3.57% -1.32%
Solana Solana SOL $142.19 -6.98% -7.81%
Prices as of 11:00 AM EST. Click here to see live data.

You know those mornings when you spill your coffee and think, "well, this can't get any worse" 🙂 Then you accidentally push the entire cup off the table while trying to clean the spill 🙂

That's what today feels like in crypto.

It started with some ugly news out of the stock market - tech companies flopped on earnings, and that made investors go risk-off.

Here's why:

👉 Tech is the market's risk-o-meter.

Big tech trades on expectations, not just current profits.

When they miss - or even hint that future growth might cool - investors take it as a sign that risk assets might be overpriced across the board.

👉 Valuations were already stretched.

A lot of AI-adjacent stocks were priced for perfection. So when results weren't perfect, investors didn't wait around - they de-risked.

👉 Risk-off flows hit everything tied to "future upside."

Once tech rolled over, the flows spilled into other speculative corners - small caps, startups, and of course, crypto.

Crypto is basically the last stop on the risk ladder, so when sentiment flips, it gets hit hardest.

Bitcoin price chart from BitDegree, 11-14

Source: BitDegree

As crypto prices fell, traders who were betting on the market going up got wiped out in an avalanche of liquidations.

We're talkin' ~$1.1B worth of long positions getting knocked right over.

It wasn't a good day for Bitcoin ETFs, either: they had their second-worst day ever yesterday, with $866.7M in outflows.

ETF daily net flows table

Source: Farside Investors

These kinds of days feel brutal, but they're part of the cycle: when the market gets too crowded on one side of the trade, it doesn't take much to tip it over.

For now, consider it a reset. Prices can stabilize, leverage can rebuild, and the market can find its footing again.

Until then... maybe keep the coffee away from the edge of the table 👀

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💸 Stop scrolling. Start saving

11-14 Mission: Changelly

Black Friday just got spicy 🥵

Changelly pulled up with up to 75% off fees on crypto buys, and they're giving away 10 iPhone 17 Pros. Not bad, huh?

We spun this into a quick BitDegree Mission so you can learn how to grab the best offers (they've got 220+ deals from 10+ trusted providers in one place).

Plus, you can earn 1,300 Bits while you're at it - meaning a bigger slice of the $15K Season 8 Airdrop.

⏳ Deadline: November 30. Plenty of time… but also not really.

Ready to scoop the discounts before everyone else? 👀

Start Mission

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🥝 Memecoin harvest

Charts look like your heart rate after too much RedBull 🪽

Data as of 09:34 AM EST.

Check out these memecoins and plenty more here.

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🗳️ Bitcoin bridges the divide

Getting Americans to agree on anything is usually a lost cause. Like trying to convince your vegan niece and BBQ‑loving unc to share a dinner plate.

But, believe it or not, Bitcoin's doing the impossible: getting people from every political corner to nod along at the same time.

The Bitcoin Policy Institute dug into a June 2025 survey to figure out who's actually into Bitcoin these days and why.

And the results say that Bitcoin's fanbase is way more politically diverse than anyone gives it credit for.

Politics, Government, United States, Data

Source: BTC Policy

Democrats like Bitcoin for its potential to expand financial access to people the traditional banking system tends to overlook.

Republicans and Independents are drawn to the idea that Bitcoin mining can help stabilize the power grid - and, maybe more importantly, allow people to move money without asking the government for permission.

The punchline here isn't that everyone magically agrees on why Bitcoin matters; it's that they're all finding their own angle that makes sense to them.

👉 Democrats see inclusion;

👉 Republicans and Independents see autonomy.

Different motivations, same asset.

That's the real story: Bitcoin isn't winning people over with one big message. It's winning because it doesn't need to pick a side at all.

It's neutral - math, code, incentives - which lets every group project their own priorities onto it.

And for once, instead of fighting over the menu, everyone's at least willing to sit at the same table.

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🍋 News drops you can't miss

🤖 Google DeepMind dropped a preview of SIMA 2, their new AGI agent with Gemini's language and reasoning built in. Now it can actually get things done in virtual worlds.

🐜 Bindwell's landed $6M to make pest control safer using AI. Big names like General Catalyst, A Capital, SV Angel, and Paul Graham are all in.

🇨🇿 The Czech National Bank's first move into crypto is a $1M buy. They're holding Bitcoin, a USD stablecoin, and a tokenized bank deposit.

🏦 Singapore's regulator says unregulated stablecoins are about to face stricter rules. MAS says those coins haven't reliably kept their value.

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🍌 Juicy memes

Meme about the tediousness of accounting for minimal financial gains.

Source: @Trader_Theory

Meme about questioning reality or truth in a humorous way.

Source: @0xgaut

Meme about overthinking leading to poor decision-making despite self-awareness.

Source: @BillyM2k

Gode S. Web3 Market Analyst
Gode is a Web3 Market Analyst who researches the most important industry events and interprets how they affect the wider Web3 space. Her formal education in media culture & digital rhetoric allows her to employ a methodical approach to evaluating critical Web3 news data, including large-scale events and the wider social sentiment within the ecosystem.
Gode is a mutilingual professional, having studied in multiple universities all across Europe. This allows her to have a one-of-a-kind opportunity to analyze Web3 social sentiments spanning different cultures and languages and, in turn, develop a much deeper understanding of how the Web3 space is growing within different communities. With the rest of her team, Gode works to identify crucial crypto news patterns and provide unbiased and data-driven information.
Gode’s passions include working and communicating with people, and when she’s not researching Web3 news, she spends her time traveling and watching true crime documentaries.

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