Crypto News Today: $1 Billion in Bets Wiped Out, Yet Pepeto Presale Trends as ETH and XRP Eye Rebounds

Monday brought a crypto headline that makes people check their phones twice. Bitcoin fell about 5% this week, yet analyst Ali Martinez says it held its 200 day trend line through the drop. Crypto News Today is about borrowed bets wiped out while that floor held.

Flushes like this often clear the way for the next leg up. The headlines go to the big coins, but bigger gains tend to start a step earlier, in a presale. Beyond the majors, Pepeto made its own news by raising more than $11.3 million ahead of its Binance listing.

Crypto News Today: $1 Billion in Borrowed Bets Wiped Out

Bitcoin dipped to $73,510 as Monday, November 9, began, and more than $1 billion in borrowed crypto bets were forced closed over 24 hours.

About 93% of that hit traders betting on a rise. Bitcoin now trades at $74,139 on CoinMarketCap, 2% lower than a day ago, with the October inflation report due Tuesday morning.

Crypto News Today shows a market shaking out borrowed money, and while the majors reset, a presale shows where the next big gain can start.

Where New Money Looks After the Flush: Pepeto, ETH and XRP

Pepeto: Why Is This Presale Trending While Majors Bleed?

A $1.5 trillion coin like bitcoin needs billions in fresh buying just to win back a few percent, no matter how much a buyer puts in. Pepeto stayed in the news this week, as its raise passed $11.3 million with the Binance listing approaching.

Its contracts cleared a SolidProof audit, a former Binance expert writes code on the team, and the cofounder behind the original Pepe sits at the head.

Every trader has bought a token that would not let him sell. Pepeto’s scanner reads a contract before the buy, runs a test buy and sell on a copy of the chain, then scores it from 0 to 100.

If it finds a trap, like a honeypot coin that blocks selling, the trade stops by default. The scanner and exchange are in development, and only community members and large investors get private test access.

The exchange is the reason the token holds value. Swapping $1,000 on Uniswap costs $3, and on PepetoSwap it costs nothing, so a trader making 200 trades of $5,000 saves $3,000.

Money saved brings that trader back, the platform runs on the token he must hold, and the 420 trillion supply is capped for good, so each new user lifts demand without adding a single coin.

The entry is still $0.0000001906, and every new stage costs more. Staking pays 160% APY on top, and those rewards unlock at listing.

At 100x, Pepeto would reach about $8 billion in value, roughly a ninth of XRP’s today, with a zero fee exchange behind it. So where do ETH and XRP stand after the flush? The reads below give the numbers.

Ethereum: Can ETH Win Back $2,255 After a $365 Million Fund Exit?

ETH trades at $2,107 on CoinMarketCap, 5.6% lower on the day, after US funds holding real ETH lost about $365 million from November 2 to 6. It also led the weekend’s forced selling at about $455 million.

A break above $2,255, its last swing high, would be the first sign of a bottom, 7% up. If that holds, $2,400 comes next, about 14% above today.

XRP Must Hold $1 to Set Up a Bounce Toward $1.20

XRP trades at $1.11 on CoinMarketCap, off 4% on the day and 11% for the week. Long bets on XRP lost $32.4 million to forced selling on November 9.

The level that matters is $1, about 10% below, where dip buyers wait. If they do, $1.20 is the first target, about 8% higher, and XRP’s best case until it builds higher lows.

Conclusion

Crypto News Today has one standout beyond the $1 billion flush and the shaky majors, and it is Pepeto. Its tools keep being built through the drop, and it offers the big multiple traders wait for while ETH and XRP aim at 8% to 14%. The wallets that made millions on DOGE knew what everyone else knew.

They just bought sooner. A $10,000 presale position can reach $300,000 to $1 million if the run plays out, while $10,000 in a major coin might double.

By 2027, one portfolio holds Pepeto from the stage now open on the Pepeto official website and one does not, and that gap can split a 5x year from a 50x year.

Click To Visit Pepeto Website To Enter The Presale

FAQ

What does crypto news today about $1 billion in forced selling actually change?

It clears out borrowed bets, which often leaves a calmer base, and Pepeto’s presale price sits apart from those swings.

How is the latest bitcoin selloff affecting Pepeto’s presale?

Pepeto’s price moves by stage, apart from the market, so anyone buying through the Pepeto official website locks in this stage.

Which ETH and XRP levels matter most after the drop?

ETH needs a break above $2,255 to aim at $2,400, while XRP must hold $1 to bounce toward $1.20.