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Why Is Crypto Down Today? – November 4, 2025

The cryptocurrency market is buying and selling decrease immediately, with whole market capitalization down 3.9% to $3.54 trillion, in keeping with information from CoinMarketCap. However, 24-hour buying and selling quantity rose to $223 billion, indicating a slight uptick in exercise regardless of the market-wide decline.

TLDR:

  • The world crypto market cap dropped 3.9% to $3.54T;
  • 9 of the highest 10 cash fell;
  • BTC -2.8% to $104,577, ETH -6.4% to $3,493;
  • Fear & Greed Index plunged to 27 (Fear) from 36 yesterday;
  • BTC ETFs noticed $186.5M outflows;
  • ETH ETFs recorded $135.76M outflows;
  • SOL ETFs bucked the pattern with $70.05M inflows;
  • Strategy introduced a Euro-denominated most well-liked inventory providing to fund extra Bitcoin buys;
  • FTX withdrew its plan to limit repayments in 49 jurisdictions after creditor backlash.

Crypto Winners & Losers

At the time of writing, 9 of the highest 10 cryptocurrencies are within the pink over the previous 24 hours.

Bitcoin (BTC) slid 2.8% to $104,577, holding a market cap of about $2.08 trillion.

Ethereum (ETH) fell 6.4% to $3,493, whereas BNB (BNB) misplaced 8.3%, now buying and selling at $946.

XRP (XRP) dropped 6.7% to $2.25, and Solana (SOL) suffered one of many steepest declines amongst majors, down 11.0% to $157.

Dogecoin (DOGE) slipped 6.6% to $0.1625, whereas Cardano (ADA) prolonged losses to $0.5349, down 7.4% prior to now 24 hours.

Despite the downturn, a couple of altcoins stood out with exceptional positive aspects.

Jelly-My-Jelly (JMJ) surged 183.3%, adopted by Decred (DCR) with a 150% bounce, and Zcash (ZEC) up 19.4%.

Meanwhile, trending tokens included Dash, Decred, and Zcash, reflecting renewed curiosity in privateness and masternode-based cryptocurrencies amid heightened volatility.

Meanwhile, Michael Saylor’s Bitcoin-focused agency, Strategy, has announced plans to launch a Euro-denominated credit score instrument below the ticker STRE, marking its first-ever issuance geared toward European and world institutional traders.

The firm intends to supply 3.5 million shares of its 10% Series A Perpetual Preferred Stock, with proceeds earmarked for basic company use and extra Bitcoin acquisitions.

The announcement coincides with Strategy’s newest Bitcoin buy of 397 BTC value $45.6 million made between October 27 and November 2.

Bitcoin Slips Below $107K as ETF Outflows and Whale Selling Pressure Market

Bitcoin dropped 2% in early Asian buying and selling, sliding under $107,000 amid continued ETF outflows and profit-taking by giant holders.

The transfer prolonged the market’s cautious tone from late October’s $19 billion washout, with merchants viewing the pullback as consolidation after a unstable stretch.

On-chain information exhibits institutional accumulation has slowed, with inflows falling under new Bitcoin issuance for the primary time in seven months, in keeping with Capriole Investments founder Charles Edwards.

The shift displays a broader risk-off tone as equities superior, led by tech positive aspects and Amazon’s OpenAI deal, whereas the greenback strengthened on diminished expectations for fast US fee cuts.

Analysts say October’s correction flushed out extreme leverage, leaving the market in a rebuilding section. SynFutures CEO Rachel Lin noted that long-term holders remain steady and alternate outflows persist, which is often a constructive signal.

For now, the market is anticipated to commerce sideways as merchants watch ETF flows and Fed alerts, with a softer inflation print doubtlessly reigniting shopping for momentum later this month.

Levels & Events to Watch Next

At the time of writing, Bitcoin is buying and selling at $104,370, down 2.04% on the day. The asset has prolonged its pullback after dropping help close to the $107,000 stage, with intraday sentiment turning defensive.

BTC is at present fluctuating between $104,000 and $106,000, a spread that means consolidation following current promote strain.

A decisive transfer above $106,500 may pave the best way for a rebound towards $109,000 and $112,000, the place prior resistance has capped positive aspects.

On the draw back, a break under $103,500 may expose the market to deeper losses, with the subsequent notable help seen round $101,000–$100,000, a key psychological zone watched by merchants.

Meanwhile, Ethereum trades at $3,477, down 3.48% over the previous 24 hours. The coin has weakened after repeatedly failing to carry above $3,700, suggesting sellers stay in management.

If ETH reclaims $3,550, it might try a rebound towards $3,750–$3,900. However, a drop under $3,450 may open the door to a sharper correction towards $3,300–$3,250, the place stronger shopping for help beforehand emerged.

Meanwhile, market sentiment has turned sharply bearish, with the Crypto Fear and Greed Index dropping to 27, signaling “Fear.”

The index stood at 36 yesterday, 42 final week, and 59 a month in the past, reflecting a constant erosion in investor confidence as crypto costs proceed to fall. The steep decline underscores the market’s rising warning, with merchants lowering publicity amid unstable value motion and fading threat urge for food.

The US spot Bitcoin exchange-traded funds (ETFs) recorded $186.5 million in outflows on November 3, signaling renewed promoting strain throughout institutional merchandise, in keeping with information from SoSoValue.

The cumulative whole web influx now stands at $61.0 billion, with mixed web belongings valued at $143.5 billion, accounting for six.75% of Bitcoin’s market capitalization. Total buying and selling quantity for the day reached $4.69 billion, reflecting continued exercise regardless of the broader market downturn.

Among particular person issuers, BlackRock’s IBIT led the outflows with $186.5 million, whereas Fidelity’s FBTC, Grayscale’s GBTC, and Ark & 21Shares’ ARKB posted no new inflows. Despite the pullback, BlackRock’s fund stays dominant with $85.3 billion in whole belongings, adopted by Fidelity’s $21.8 billion and Grayscale’s $18.2 billion.

Spot Ethereum ETFs additionally noticed $135.76 million in outflows on November 3. Among the 9 listed ETFs, BlackRock’s ETHA recorded the most important outflow of $81.7 million, adopted by Fidelity’s FETH with $25.1 million, and Grayscale’s ETHE with $15 million.

Other issuers, together with Bitwise, VanEck, and 21Shares, additionally reported smaller redemptions as institutional sentiment cooled alongside Ethereum’s market pullback.

The whole cumulative web influx now stands at $14.23 billion, whereas whole web belongings dropped to $24.02 billion, representing 5.55% of Ethereum’s market capitalization. Daily buying and selling quantity throughout all funds reached $2.51 billion, reflecting high turnover amid declining costs.

In distinction, spot Solana ETFs noticed $70.05 million in web inflows on November 3, marking their fourth consecutive day of constructive flows, in keeping with information from SoSoValue.

The whole cumulative web influx now stands at $269.26 million, with whole web belongings reaching $513.35 million, representing 0.57% of Solana’s market capitalization. Total buying and selling worth for the day amounted to $67.59 million.

Among the 2 listed ETFs, Bitwise’s BSOL dominated with $65.16 million in inflows, whereas Grayscale’s GSOL added $4.9 million.

Meanwhile, FTX has abandoned its controversial proposal to restrict repayments in dozens of nations after sharp opposition from collectors, notably these in China.

The submit Why Is Crypto Down Today? – November 4, 2025 appeared first on Cryptonews.

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