Crypto Rumors of the Day What’s Real, What’s Hype, and What’s Pure Fantasy
As November closes, the crypto market stands between fear and cautious optimism. Bitcoin trades around $91,000–$92,000, total market cap near $3.1 trillion, and the Fear & Greed Index at 22 shows extreme caution. Despite losing $1 trillion in value earlier this month, improving ETF inflows and expectations of a December Fed rate cut (probability ≈ 85–87%) are reviving confidence.
Yet with every recovery comes a wave of speculation. X (formerly Twitter) is flooded with half-truths and exaggerated claims. Below are the six biggest rumors of the week—sorted by what’s fact, hype, or pure fantasy.
1️⃣ Upbit Hack by North Korea’s Lazarus Group
Truth Rating: ✔️ Real (but contained)
South Korea’s largest exchange, Upbit, was indeed hacked on November 28, losing about $36 million from a Solana hot wallet. Investigators link it to the Lazarus Group, known for state-sponsored attacks.
Reality check: Upbit reimbursed users, restored withdrawals, and stabilized operations. SOL fell only ~3% before recovering.
Impact: Brief panic, no systemic fallout.
2️⃣ Hyperliquid’s HYPE Unlock = 50% Dump
Truth Rating: ⚠️ Partly True / FUD exaggerated
About 9.92 million HYPE tokens unlocked on November 29 (≈ 2.7% of supply). The token dipped 5–10%, but there’s no evidence of a coordinated team sell-off.
Unlocks often trigger volatility but also show protocol maturity.
Impact: Short-term pressure, long-term neutral.
3️⃣ “Fed Rate Cut WillLikely macro move Send BTC to $100K+”
Truth Rating: ✔️ , Likely macro move❗ speculative target
Markets price an 85%+ chance of a December rate cut. That’s bullish for liquidity and risk assets, but calls for an immediate jump to $100K Bitcoin are wishful thinking.
Impact: Positive sentiment, renewed leverage—but patience required.
4️⃣ Monad to Crash 99% after Arthur Hayes Criticism
Truth Rating: ❌ False / Opinion twisted
Arthur Hayes questioned Monad’s VC-heavy tokenomics, which X influencers spun into “it will collapse.”
Reality: Monad remains a fast-growing L1 with strong staking and exchange support; its token is up ~190% this week.
Impact: Momentary fear among retail holders, no fundamental damage.
5️⃣ Pi Network Major Announcement Hype
Truth Rating: ⚠️ Partly True (price spike, no news)
Rumors of a “major ecosystem update” sent Pi Coin above $0.25, but no official announcement followed.
Impact: Typical short-term pump; high risk and low credibility.
6️⃣ Ethereum’s Fusaka Upgrade to Trigger Altseason
Truth Rating: ✔️ True / Fundamentally Bullish
ETH’s Fusaka upgrade raised the gas limit to 60 million—a four-year high—boosting throughput and Layer-2 efficiency. ETH stays above $3,000 with ETF inflows and growing L2 activity.
Impact: Potential catalyst for altcoin rotation; ADA and XRP up 5–10%.
📊 Quick Market Snapshot
Asset Status Trend
Bitcoin $91.5K Oversold but recovering
Ethereum $3K+ Strong pre-Fusaka
SOL/XRP Stable ETF flows improving
Memecoins Hyped (BONK ETP, VINE +86%) High risk
Sentiment Fearful but healing Fed optimism building
The market is in a transition phase—recovering from November’s crash but gaining quiet strength as macro tailwinds align. Institutional inflows, ETF momentum, and liquidity depth suggest a slow rebuild rather than a dead cat bounce.
📝 Editor’s Commentary
Crypto lives on the fine edge between truth and imagination. Each cycle births new stories—some informed, others distorted by FUD and memes. November 2025 reminded traders how quickly panic spreads, yet also how resilient this market remains.
Under the noise, the fundamentals are shifting: Ethereum upgrades are real, Fed policy is turning softer, and ETF capital is flowing back. If December’s rate cut arrives as expected, this month’s turmoil could mark not the end of a bull run—but its reset
Editor : BTCmorning
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