Crypto Is Hotter Than A Goats Ass In A Ghost Pepper Patch

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OVERVIEW

Crypto Is Hotter Than A Goats Ass In A Ghost Pepper Patch

Before we dive in, here’s today’s crypto market heatmap:

Source: Santiment

And here’s a look at crypto’s total and altcoin market cap YTD:

Source: TradingView

*If you’re a business and want to access this data via our API, email us.

Technical Analysis
Best Week In Over 3 Years 🤯 

Sunday’s closed capped off the crypto market’s best week since April 2021.

Total Crypto Market Cap Weekly Chart - Click to enlarge.

Last week’s close was also the third-highest ever and just a hair away from matching the prior all-time highs.

Total Crypto Market Cap Weekly Chart - Click to enlarge.

Bitcoin

I really wanted to do a section on Bitcoin, but it’s been making new all time highs all day that it would be pointless. And as I’m writing this (4:30ish PM EST), it hit another new all-time high of $88,000:

BTCUSD Daily Chart - Click to enlarge.

And it’s very clear that Stocktwits users are not just bullish, but bullish af:

Technical Analysis
Doge Mooning 🥮 

Words are not needed here, so I’ll just drop the Dogecoin chart and then some stats:

DOGEUSD Daily Chart - Click to enlarge.

  • +71% since last Friday (Nov 8)

  • +189% since the beginning of Q4

  • +270% YTD

  • Last week’s close (+83.34%) was the best week since October 24, 2022.

  • Today’s close is on track for the highest daily close since August 15, 2021. 

And it’s still moving as I’m writing - crazy fun moves! 🎊 

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