Bitcoin tests support as Ethereum shows relative strength (Kitco Commentary by Aaron Dishner @MooninPapa) - Bitcoin is testing a fragile floor while #Ethereum# offers a stronger relative-performance case. I am watching for confirmation rather than treating one RSI reset, a dominance wick or an oversold stock index as an automatic recovery. #Bitcoin# had a fairly stable Friday despite a shaky US stock market. It kind of held September's pivot low just under $75,000. This is an attractive bounce zone in my view, but a drift toward the Slow line at $72,000 remains possible. A bullish RSI Reset is confirmed; bearish consolidation continues until a solid recovery move changes the picture. Holding a floor is useful. It is not the same as escaping the room.

Crypto SWOT: U.S. spot bitcoin ETFs saw $430.2 million in net outflows on November 5 Morgan Stanley is among the first major banks to use the Depository Trust & Clearing Corporation's (DTCC) new tokenization service to create blockchain-based representations of U.S. stocks and Treasury securities. The initiative highlights growing institutional adoption of #blockchain# technology and could improve settlement efficiency, collateral mobility and liquidity in traditional financial markets. The involvement of major Wall Street institutions underscores the increasing convergence of conventional financial infrastructure and digital assets. Commentary by Frank Holmes @bulldogholmes