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Global Crypto Market Shows Volatility; Bitcoin Trades at $100,600
Global crypto market cap fell 1.
The global cryptocurrency market experienced volatility on November 7, with Bitcoin holding near $100,600 amid fluctuating investor sentiment. The total crypto market capitalization fell 1.72% over 24 hours, while AI-related tokens such as FET and NEAR surged 22-23%.
Analysts noted that uncertainty around regulation, macroeconomic conditions, and speculative trading contributed to mixed performance across altcoins.
CryptoQuant reported a negative futures-spot spread for Bitcoin, highlighting market tension. Investors remain cautious, balancing short-term trading opportunities against long-term adoption trends and digital asset volatility in a rapidly evolving market environment.