The cryptocurrency market witnessed a decrease in value today. CoinMarketCap data shows the global crypto market cap is now at $3.12 trillion, dropping by 3.85% over the past 24 hours. Bitcoin (BTC) traded within a range of $89,254 to $96,043 in the last 24 hours and currently stands at $90,901, down 5.04%. While other major cryptocurrencies are experiencing mixed performance, DUSK, ICP, and ZEN have shown impressive gains of 17%, 16%, and 12% respectively. The latest market happenings include the release of U.S. Unemployment Claims data for mid-October, with analysts expecting a potential rate cut by the Fed in December. However, rising inflation may impact 10-year Treasury yields according to reports. The U.S. government also proposed an international crypto tax reporting system, and a recent Whale Exit from Bitcoin Futures market appears to have impacted retail investors. Global companies are increasingly investing in Bitcoin for strategic purposes as well. Ethereum (ETH) declined by over 6%, while ETF outflows further highlight bearish sentiment. Meanwhile, Bitcoin’s price has decreased by 5% overall, though this is outpaced by the broader market decline. The Canary XRP ETF saw a significant inflow on November 17th. CryptoQuant suggests key Bitcoin levels to watch for are $87k, $79k and $74k. The CEO of DeFiance Capital predicts a potential Bitcoin rebound soon. The most notable market movers include ETH at $3030.89 (-5.40%), BNB at $914.1 (-2.34%), XRP at $2.1734 (-4.51%), SOL at $136.72 (-3.45%), and TRX at $0.2876 (-1.91%). DOGE dropped by 3.62%, while ADA declined by 5.63%. Notably, WLFI decreased by 6.42%, with WBTC also experiencing a decline of 5.04%. ASTER gained 8.31%.