The cryptocurrency market was mixed over the past 24 hours as Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Solana (SOL) traded in the red, while altcoins, including Chainlink (LINK), Dogecoin (DOGE), Cardano (ADA), Stellar (XLM), and others, traded in positive territory. BTC faced renewed selling pressure after a brief recovery on Wednesday, dropping 2.48% on Thursday and settling at $101,290. The flagship cryptocurrency is up over 1% during the ongoing session, trading around $102,344. Meanwhile, ETH stalled around the $3,400 mark, losing momentum and dropping to an intraday low of $3,249. However, it rebounded from this level to reclaim $3,300 and move to $3,363. The altcoin is down nearly 1% over the past 24 hours, trading around $3,364. Ripple (XRP) is down over 4%, while Solana (SOL) is down nearly 1%, trading around $157. However, Dogecoin (DOGE) is up 1.51%, trading around $0.166, while Cardano (ADA) is up over 2% at $0.545. Chainlink (LINK) , Stellar (XLM) , Litecoin (LTC) , Toncoin (TON) , and Polkadot (DOT) have also registered notable increases over the past 24 hours. However, Hedera (HBAR) is trading in bearish territory, down almost 2% at $0.167. Galaxy Lowers Bitcoin (BTC) Price Prediction Investment firm Galaxy has revised its Bitcoin (BTC) price prediction from $185,000 to $120,000, citing macroeconomic headwinds and other challenges. Other factors, including whales dumping over 400,000 BTC onto the market in October, and capital rotation into other assets, such as gold and AI, have also dampened BTC’s price action. Galaxy’s head of research, Alex Thorn, stated, “Bitcoin has entered a new phase, what we call the ‘maturity era,’ in which institutional absorption, passive flows, and lower volatility dominate. If bitcoin can maintain the $100,000 level, we believe the almost three-year bull market will remain structurally intact, though the pace of future gains may be slower.” According to Thorn, the October 10 flash crash, which triggered over $20 billion in liquidations in 24 hours, has “materially damaged” the bull trend. Nearly Half Of ETF Investors Plan To Buy A Crypto ETF A report by Schwab Asset Management has revealed that nearly half of ETF investors are planning to buy a crypto ETF, matching those who said they would buy a bond ETF. Schwab’s ETFs and Beyond report found that 52% of respondents planned to invest in US equities, while 45% said they were interested in crypto ETFs, the same as the percentage interested in US bonds. Bloomberg ETF analyst Eric Balchunas called the results a surprise, stating, “This was also shocking to see crypto tied with bonds for second place in where people plan to invest. Majorly punching above weight given crypto is 1% of total ETF aum [assets under management] while bonds are 17%.” The report also found that millennial investors showed a higher degree of interest in crypto ETFs compared to other age brackets. Roughly 57% of millennial respondents indicated they were open to investing in crypto through ETFs, compared to 41% among GenX. Meanwhile, Baby boomers, born between 1946 and 1964, showed the least interest in crypto. Google Finance Adds Prediction Market Data In New Update Google Finance is incorporating prediction market data from Kalshi and Polymarket in its search results as part of a new AI-powered upgrade. The addition allows users to view real-time probabilities for future market events directly within the platform. According to an announcement by Google, prediction market data from Kalshi and Polymarket will be available to users in the next couple of weeks. Users will be able to view market odds and track how price forecasts have shifted directly through Google’s search bar. The addition is part of an AI-powered revamp of Google Finance, a free service by Google that provides real-time market data. The upgrade will also introduce Deep Search, driven by its Gemini models, along with new live earnings features. Bitcoin (BTC) Price Analysis Bitcoin (BTC) managed to stay above $100,000 on Thursday despite substantial selling pressure. The flagship cryptocurrency started the week in the red and fell below $100,000 on Tuesday. It recovered on Wednesday but failed to sustain momentum, dropping 2.48% on Thursday and settling at $101,290. BTC is up 0.55% during the ongoing session, trading around $101,860. According to Thomas Perfumo, global economist at cryptocurrency exchange Kraken, demand for BTC from digital asset treasuries such as MicroStrategy has reduced significantly. Strategy’s regular BTC purchases were a key driver behind the flagship cryptocurrency’s stunning price increase. “Crypto ETFs have also experienced significant outflows, despite skewing bullish during prior months of choppy price action. While the market was stabilizing after the Oct. 10 liquidation event, this latest ‘reset’ event certainly reduced short-term risk tolerance further. This is evident by the continued retreat in altcoins in favor of assets like Bitcoin, whose market cap dominance ticked higher yet again.” Meanwhile, spot Bitcoin ETFs reported outflows for a sixth consecutive day. The ETFs reported $137 million in net outflows on November 5, according to data from SoSoValue. This brings the total net outflows over the past six days to $2.05 billion, further pressuring BTC’s price. However, trading activity was muted, with only half of the twelve US-listed spot Bitcoin ETFs registering investor activity. Fidelity’s FBTC reported $113 million in net inflows, and Ark 21Shares registered $83 million in net inflows. Grayscale, Bitwise, and VanEck ETFs also reported inflows. However, these inflows were more than offset by BlackRock’s IBIT, which registered $375 million in outflows. Analysts believe BTC’s recent bounce from sub-$100,000 levels has done little to flip investor sentiment. Such a recovery would have pushed the flagship cryptocurrency to new highs, as seen earlier in the cycle. However, current price action suggests investors are wary of prevailing market conditions. As such, BTC may remain stuck between $99,000 and $105,000. BTC started the previous weekend on a bullish note, rising 0.84% on Friday and 0.56% on Saturday to settle at $111,666. Bullish sentiment intensified on Sunday as the flagship cryptocurrency rose nearly 3% to cross $114,000 and settle at $114,548. BTC reached an intraday high of $116,410 on Monday. However, it lost momentum after reaching this level and settled at $114,087, ultimately dropping 0.40%. Selling pressure and volatility persisted on Tuesday as the price fell 1.03% to $112,906. Bearish sentiment intensified on Wednesday as BTC fell 2.55% and settled at $110.032. Source: TradingView Volatility and selling pressure persisted on Thursday as BTC reached an intraday high of $111,629, fell to an intraday low of $106,279, and settled at $108,308. Despite the overwhelming selling pressure, BTC returned to positive territory on Friday, rising 1.15% and settling at $108,555. Price action remained positive over the weekend, with BTC increasing 0.45% on Saturday and 0.44% on Sunday to settle at $110,536. Bearish sentiment intensified on Monday as BTC fell nearly 4% and settled at $106,557. Selling pressure intensified on Tuesday as the flagship cryptocurrency slipped below $100,000, falling to a low of $98,892 before settling at $101,468. BTC recovered on Wednesday, rising over 2% and settling at $103,869 despite selling pressure. BTC returned to bearish territory on Thursday, dropping 2.48% to a low of $100,235 before settling at $101,290. The price is marginally up during the ongoing session, trading around $101,651. Ethereum (ETH) Price Analysis Ethereum (ETH) stalled after reaching an intraday high of $3,479 on Wednesday. As a result, price action turned bearish on Thursday, falling over 3% and settling at $3,312. However, the altcoin has recovered during the ongoing session, and is up 1.26% at $3,354. Despite recent struggles, ETH traders on social media are optimistic even as the broader market sentiment remains fearful. Bullish chatter picked up as ETH pushed closer to the $3,500 mark, with many traders interpreting it as a positive sign. Market intelligence platform Santiment said on average, it recorded 2.7 bullish comments for every one bearish comment on ETH, the highest positive bias since July. “Ethereum traders have quickly pivoted from being extremely bearish to extremely bullish. When ETH nearly rebounded to $3,500 yesterday, the crowd took it as a cue that the asset was back in business.” However, Santiment warned that increased optimism around ETH could ultimately be negative, highlighting that prices often move in the opposite direction to market expectations. The platform revealed that it added an average of 0.86 bullish comments for every bearish comment on Tuesday, when prices were around $3,700. “Historically, we want to see continued FUD [fear, uncertainty, and doubt] like Ether was having on Tuesday.” Meanwhile, On-chain analytics firm Lookonchain reported substantial accumulation by ETH whales during the recent market downturn. According to the available data, eight major entities collectively purchased 394,682 ETH, valued at around $1.37 billion, at an average price of $3,462 per token. ETH started the previous weekend in positive territory, rising over 2% on Friday and settling at $3,935. The price rose 0.45% on Saturday, rallying 5% on Sunday to cross $4,000, settling at $4,157. ETH reached an intraday high of $4,266 on Monday. However, it lost momentum after reaching this level and dropped 0.87% to $4,120. Selling pressure intensified on Tuesday as the price fell 3.37%, slipping below $4,000 to $3,982. Sellers retained control on Wednesday as ETH dropped 1.92% and settled at $3,905. Source: TradingView Bearish sentiment intensified on Thursday as ETH fell nearly 3% to a low of $3,682 before reclaiming $3,800 and settling at $3,805. Despite the overwhelming selling pressure, the price recovered on Friday, rising 1.14% to $3,848. Price action remained positive over the weekend, with ETH increasing 0.67% on Saturday and 0.87% on Sunday to settle at $3,908. Bearish sentiment returned on Monday as ETH plunged nearly 8% and settled at $3,604. Selling pressure intensified on Tuesday as the price fell to an intraday low of $3,058. However, it rebounded from this level to reclaim $3,200 and settle at $3,286. ETH recovered on Wednesday, rising over 4% and settling at $3,424. Selling pressure returned on Thursday as the price fell by over 3% and settled at $3,312. ETH is up 1% during the ongoing session, trading around $3,346. Solana (SOL) Price Analysis Solana (SOL) registered a sharp drop on Wednesday, falling to an intraday low of $147. However, it recovered from this level to reclaim $160 and settle at $162, ultimately rising 4.73%. However, it lost momentum on Thursday, falling over 4% and settling at $155. Price action has turned positive during the ongoing session, with SOL up over 1% at $157. SOL faces selling pressure between $160 and $165, a level where bears remain active. Additionally, analysts have highlighted a new bearish trendline forming with resistance around $159 on the hourly chart. If SOL moves past and closes above these levels, price action could turn positive and push the asset beyond $170. However, if SOL fails to push above $160, bearish sentiment could return, pushing the price down towards $150. A break below this level could drag SOL to $140 or lower. Solana (SOL) rose 1.18% on Friday (October 24) and settled at $193. Price action remained positive over the weekend as SOL registered a marginal increase on Saturday before rallying over 3% on Sunday to reclaim $200. The altcoin reached an intraday high of $205 on Monday as bullish sentiment intensified. However, it lost momentum after reaching this level and fell 0.65% to $198. Sellers retained control on Tuesday as the price dropped by over 2% and settled at $194. SOL faced volatility on Wednesday as buyers and sellers struggled to establish control. Sellers ultimately gained the upper hand as the price registered a marginal decline. Source: TradingView Bearish sentiment intensified on Thursday as SOL fell nearly 5% and settled at $184. Despite the overwhelming selling pressure, the price recovered on Friday, rising 1.34% and settling at $187. Price action was mixed over the weekend as SOL registered a marginal drop on Saturday before rising 0.76% on Sunday and settling at $187. Bearish sentiment intensified on Monday as SOL plunged nearly 12% to $166. Sellers retained control on Tuesday as SOL fell to an intraday low of $145. However, it rebounded from this level to reclaim $150 and settle at $155. SOL recovered on Wednesday despite overwhelming selling pressure, rising nearly 5% and settling at $162. Bearish sentiment returned on Thursday as the price fell 4.40% and settled at $155. SOL is back in positive territory during the ongoing session, up 1.16% at $157. Internet Computer (ICP) Price Analysis Internet Computer’s (ICP) resurgence has caught investors off guard. After weeks of subdued price action, ICP has rallied, surging past key levels. The altcoin’s renewed push comes amid rising buying pressure and bullish technical signals, hinting that something could be unfolding beneath the surface. Investors are wondering if the rally is a flash in the pan or the beginning of a trend reversal that could push ICP beyond $10. ICP’s rally began last Friday with a marginal increase. Sentiment picked up over the weekend as the price rose over 17% on Saturday and 24.06% on Sunday to settle at 4.28. Despite the positive sentiment, ICP was back in the red on Monday, dropping over 8% to $3.93. Price action turned positive on Tuesday as ICP rallied, rising a staggering 32% to an intraday high of $6.59 before settling at $5.18. Source: TradingView Buyers retained control on Wednesday as ICP rose nearly 15% and settled at 5.95. Price action remained positive on Thursday, rising almost 13% and settling at $6.72. Bullish sentiment has intensified during the ongoing session, with ICP up over 29% at $8.68. Filecoin (FIL) Price Analysis Filecoin (FIL) started the previous weekend in positive territory, rising 3.48% on Friday before rallying over 19% on Saturday and settling at $1.671. The price faced volatility on Sunday as buyers and sellers struggled to establish control. Buyers ultimately gained the upper hand as FIL registered a marginal increase and settled at $1.666. Bearish sentiment returned on Monday as the price fell by over 13% and settled at $1.442. Sellers retained control on Tuesday as FIL fell by more than 5% to $1.367. Source: TradingView Despite the overwhelming selling pressure, FIL recovered on Wednesday, rising over 2% to $1.397. Bullish sentiment intensified on Thursday as FIL rallied, rising over 35% and settling at $1.889. FIL is up 16.09% during the ongoing session, trading around $2.195. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.