[LIVE] Crypto News Today, November 7 – Bitcoin Tries To Stay Above $100K While Privacy Coins Like ZCASH (ZEC) and Monero (XMR) Surge: Best Crypto To Buy?
Bitcoin
1.75%
Bitcoin
BTC
Price
$101,607.14
1.75% /24h
Volume in 24h
$59.79B
Price 7d
continues to defend the $100,000 level after a volatile week shaped by U.S. government shutdown risks and broader macro uncertainty. The chart shows signs of consolidation, with higher lows forming, a setup many traders view as a bullish sign when searching for the best crypto to buy this week. Analysts suggest that a potential rally could follow once political uncertainty clears.
This would be nice from $BTC. higher lows, lower highs consolidation and then a breakout when government shutdown ends. Yes. pic.twitter.com/sOPuS9GNqG
— VikingXBT (@VikingXBT) November 7, 2025
Meanwhile, Tether_to has increased its Bitcoin holdings by 961 BTC, worth around $97.3 million, reinforcing institutional confidence in Bitcoin as a reserve asset.
At the same time, privacy-focused cryptocurrencies are outperforming the market. Zcash
Zcash
14.85%
Zcash
ZEC
Price
$626.13
14.85% /24h
Volume in 24h
$2.57B
Price 7d
has surged to $618, up 20% in the last 24 hours, while
Monero
5.42%
Monero
XMR
Price
$366.28
5.42% /24h
Volume in 24h
$175.46M
Price 7d
gained 2% daily and 12% over the past week.
(Source: Coingecko)
Traders are increasingly rotating toward privacy coins such as ZEC, XMR, and Decred (DCR), which prioritize selective transparency rather than full on-chain visibility. These tokens act as the “digital equivalent” of off-chain self-custody, giving users control over what they share while maintaining decentralization.
Another strong mover is ICP
Internet Computer
40.25%
Internet Computer
ICP
Price
$8.67
40.25% /24h
Volume in 24h
$1.71B
Price 7d
, which has jumped 45% in a day to $8, breaking out from a multiyear downtrend that began in 2021.
After hitting an all-time low in October 2025, ICP is now returning to 2024 price levels — a sign of renewed market interest in “dino” coins (old bottomed ones).
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Depegged Stablecoins, Risk Management, and the Best Crypto to Buy Now
Beyond price rallies, a major story this week is the USDX depeg. The $680 million synthetic stablecoin, issued by Stableslabs, fell as low as $0.40 after losing $1 million in the Balancer V2 exploit. The incident sparked liquidity withdrawals across platforms like Euler and Lista DAO, with borrow rates skyrocketing up to 800% and triggering cascading liquidations.
USDX has since recovered to about $0.60, but uncertainty remains over whether the peg will fully restore, as Stableslabs has yet to confirm redemption status.
In this environment, assets with proven resilience — Bitcoin, Monero, Zcash, and ICP — are standing out as the best crypto to buy, offering stronger fundamentals and market trust amid growing volatility.
There are no live updates available yet. Please check back soon!
The post [LIVE] Crypto News Today, November 7 – Bitcoin Tries To Stay Above $100K While Privacy Coins Like ZCASH (ZEC) and Monero (XMR) Surge: Best Crypto To Buy? appeared first on 99Bitcoins.
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