November 12, 2025 Top Cryptocurrencies Overview, the top three in popularity are: Bitcoin, Allora, Nano

Bitcoin implied volatility has increased from approximately 38.5% to 53.1%.

Matrixport's analysis shows that Bitcoin's implied volatility has risen to 53.1%, but analysts believe this level is normal. Despite geopolitical tensions, the crypto market has been restrained, indicating limited hedging demand. Implied volatility may decline in the coming weeks, providing opportunities for traders.

Bitcoin mining companies start reducing BTC holdings: Core Scientific sells nearly 2,000 BTC

Bitcoin mining company Core Scientific is selling part of its Bitcoin reserves to fund its transition into artificial intelligence and high-performance computing. The company has sold 1,924 Bitcoins and plans to convert its data centers into hosting services. Mining companies are gradually shifting their focus to cope with declining mining profits. At the same time, large mining firms are also adjusting their asset strategies, and the market is reassessing the sustainability of digital asset holding models. Despite the worsening market environment, Strategy maintains a long-term holding approach.

Core Scientific to Sell 2,500 Bitcoin as Company Pivots Toward AI

Core Scientific plans to sell most of its 2,500 BTC holdings in Q1 2026 to boost liquidity and finance AI-focused data center expansion, reflecting a trend among miners transitioning towards high-performance computing.

The altcoin market is experiencing a structural decline, with 38% of tokens approaching historical lows, as funds continue to flow into Bitcoin and Ethereum.

The current crypto market is showing clear divergence, with 38% of altcoins trading near historical lows and facing ongoing selling pressure. Liquidity is tightening, with market funds concentrating in Bitcoin and Ethereum. Some public chain projects remain active, but liquidity for many altcoins has decreased significantly, transaction costs have risen, and market vulnerability has increased. Additionally, enhanced European regulation could further accelerate market concentration, and the long-term disadvantages of fringe altcoins are becoming more apparent.

Iran conflict escalation drives surge in Bitcoin demand, with large amounts of funds withdrawing from platforms and moving into personal wallets

As tensions in the Middle East escalate, cryptocurrency trading in Iran has significantly increased, with users大量 buying Bitcoin and transferring it to personal wallets to protect their assets. The platform Nobitex has experienced a surge in withdrawals, indicating a reduced reliance on centralized services. Historically, during geopolitical conflicts, cryptocurrencies often serve as tools for cross-border transfers and risk mitigation. Users diversify assets to reduce risk but also need to bear the responsibility of private key management. Amid increasing global market uncertainty, some funds are flowing overseas, with investors turning to Bitcoin to hedge against banking restrictions.