[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
BTC

$101,607.14


1.75%

Bitcoin
BTC


Price

$101,607.14

1.75% /24h





Volume in 24h

$59.79B



Price 7d

Learn more

 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
ZEC

$626.13


14.85%

Zcash
ZEC


Price

$626.13

14.85% /24h





Volume in 24h

$2.57B



Price 7d

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has surged to $618, up 20% in the last 24 hours, while

Monero
XMR

$366.28


5.42%

Monero
XMR


Price

$366.28

5.42% /24h





Volume in 24h

$175.46M



Price 7d

Learn more

 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
ICP

$8.67


40.25%

Internet Computer
ICP


Price

$8.67

40.25% /24h





Volume in 24h

$1.71B



Price 7d

Learn more

, 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).

EXPLORE: 20+ Next Crypto to Explode in 2025

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.

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.