Crypto News November 12, 2026: Bitcoin and Crypto News — Daily Highlights
[LIVE] November 12, 2026: Bitcoin and Crypto News — Daily Highlights
📌 Daily Summary
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Bitcoin faces significant long position risk as critical support and resistance levels emerge, prompting traders to closely monitor market movements. Meanwhile, Dogecoin is poised for a transformative shift as it prepares to integrate into the DeFi ecosystem, potentially bolstering its use cases. In a major development, a $3.5 trillion financial institution has joined the Hedera network, marking a substantial advance in tokenization efforts on the HBAR blockchain. Additionally, Deutsche Bank has launched a cryptocurrency custody service covering major assets, including Bitcoin and Ethereum, enhancing institutional engagement in the digital asset space. Overall, the crypto market is experiencing considerable contraction, with $14.2 billion withdrawn, reflecting the most significant outflow seen since 2022 amidst heightened volatility influenced by recent news from the New York Stock Exchange affecting altcoin prices.
The analyst noted that the Bitcoin price is just above the critical liquidation zone where billions of dollars worth of leveraged positions have accumulated.