[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?

[Ben Graham]

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 Learn more 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 15.66% Internet Computer ICP Price $8.67 15.66% /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.

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