Bitcoin Cracks $75K as $1.3B ETF Exodus and Middle East Jitters Spook Bulls; Bears Eye $70K 
FxWirePro- Major Crypto levels and bias summary 
Bitcoin Buckles at $73,500: Middle East Tensions and Weak Institutional Demand Set Bearish EMA Stack on $70K Collision Course 
Bitcoin Bleeds $704M in ETF Outflows as Institutional Exodus Accelerates 
Ethereum Tumbles Below $2K: Bears Eye $1,700 as All Key EMAs Flip Red 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Major Crypto levels and bias summary 
Ethereum Cracks Below $2,000 as Bitcoin Contagion Bites—Bearish EMA Stack Sets Sights on $1,700 
 - EconoTimes)
Tomorrow, Arbitrum (ARB) will unlock 92.65 million ARB tokens, worth about $59.63 million. This is important because it represents around 2.3% of the total circulating supply of 3.97 billion ARB tokens.
Unlock Details
- Unlock Date: November 16, 2024
- Total Tokens Unlocked: 92.65 million ARB
- Current Circulating Supply: 3.97 billion ARB
Token Distribution-
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When tokens are unlocked, it can lead to price changes and affect how investors feel about the token. The Arbitrum team has tried to manage these events in the past to lessen any negative impact on the token’s price. As the unlock date gets closer, market watchers are paying close attention to how Arbitrum's price and trading volume react to the new tokens becoming available.
ARBUSD support and resistance-
Resistance - $0.700
Support- $0.40
