Bitcoin traded above $103,000 with a 1% gain in 24 hours after the week's decline. Technical analysts warn that sustained weekly closes below the 50-week moving average at $102,000 have historically preceded market tops. Year-to-date performance shows gold and the S&P 500 now outpace Bitcoin returns despite favorable conditions including rate cuts and regulatory developments.

Ark Invest CEO Cathie Wood has lowered her 2030 Bitcoin price projection to $1.2 million from $1.5 million, a $300,000 reduction. The revision reflects stablecoins increasingly capturing roles Wood initially expected Bitcoin to fulfill as a store of value and settlement system, according to CNBC. Despite the adjustment, Wood maintains a bullish outlook on Bitcoin, citing institutional adoption as a key growth driver.

ARK Invest CEO Cathie Wood lowered the firm's long-term bitcoin price projection by approximately $300,000, attributing the adjustment to stablecoins' expanding adoption in emerging markets. Wood noted that stablecoins now fulfill payment and savings functions previously expected for bitcoin, directly impacting ARK's bullish scenario modeling. The revision references ARK's earlier forecasts, though the firm had raised its 2030 bull-case target to $2.4 million in April.

Bitcoin accumulator addresses increased from 130,000 to 262,000 over a two-month period, representing 101% growth, data show. These holders acquired more than 375,000 BTC in the past 30 days. On November 5, deposits exceeded 50,000 BTC within 24 hours.

The Official Trump coin jumped 11.8% to $7.88 after President Donald Trump announced plans to make the United States the Bitcoin superpower and crypto capital of the world. The token outperformed the broader crypto market, which fell 1.3%, with daily trading volume surpassing $1 billion on major exchanges. Technical analysts identified a breakout from a falling wedge pattern, while on-chain data showed whale wallets accumulated $91 million in net inflows over three days.

Privacy-focused cryptocurrency Zcash (ZEC) has secured the 17th position among cryptocurrencies by market capitalization, reaching $8.53 billion, according to CoinMarketCap data. The token has posted a 1,236% increase over the past year and accumulated over 700% in gains since September. At the time of reporting, ZEC traded at $524, reflecting a 14.46% gain in 24 hours and 46% weekly appreciation.

Unauthorized access to cryptocurrency exchange accounts requires immediate action to prevent permanent asset loss. Security protocols include securing all access points, documenting transaction details, and reporting incidents to exchanges and authorities. Blockchain tracking tools can trace stolen funds before they enter mixing services.

President Donald Trump described cryptocurrency as reducing strain on the U.S. dollar during a speech at Miami's America Business Forum on November 5, 2025, positioning the United States as the bitcoin superpower. Historical market data reveals Bitcoin maintains an approximate -0.7 inverse correlation with the U.S. Dollar Index. Dollar strength typically suppresses BTC prices, complicating strategic reserve goals.