Bitcoin Reclaims $80,000 as Crypto Market Rallies, but Shiba Inu (SHIB) Struggles
Bitcoin has reclaimed the $80,000 level, leading a broader cryptocurrency market recovery while Shiba Inu struggles to regain upward momentum. The contrasting performance highlights persistent weakness in SHIB despite substantial gains across several major digital assets. Bitcoin traded near $80,300 on November 5, gaining more than 3% within 24 hours following its decline toward $75,600. The recovery coincided with substantial short liquidations and renewed institutional buying through spot Bitcoin exchange-traded funds.