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Sunday, November 8, 2026

Bitcoin, Ethereum, XRP, Dogecoin Drop Further Amid Global Chip Sell-Off: Analyst Flags ‘The Most Important Level’ For BTC

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Major cryptocurrencies retreated alongside the broader stock market on Tuesday, as a significant downturn in semiconductor-related equities raised concerns regarding the long-term

Ethereum bulls were unable to maintain support at the $1,700 level. XRP and <a maintain the current trend."

Citing on-chain data, the analyst highlighted the $60,000–$63,000 range as one of the largest volume clusters, where over one million BTC changed hands.

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