|

Why Is Crypto Down Today? – November 5, 2025

The cryptocurrency market is buying and selling decrease in the present day, with whole market capitalization down 2.6% to $3.46 trillion, in keeping with knowledge from CoinMarketCap. However, 24-hour buying and selling quantity rose to $292 billion, signaling regular market participation regardless of the pullback.

TLDR:

  • Global crypto market cap fell 2.6% to $3.46T;
  • BTC -2.5% ($101,674), ETH -6.0% ($3,299), SOL -3.0% ($156);
  • Fear & Greed Index dropped to twenty (Fear) from 27 yesterday;
  • BTC ETFs noticed $577.7M outflows;
  • ETH ETFs recorded $219.4M outflows;
  • SOL ETFs bucked the pattern, gaining $14.8M inflows;
  • Metaplanet drew $100M from its $500M Bitcoin-backed facility to fund BTC buys and share buybacks;
  • Bitcoin briefly dipped under $100K amid the U.S. authorities shutdown, Fed uncertainty;
  • Zohran Mamdani elected NYC mayor, with Polymarket merchants accurately predicting the result.

Crypto Winners & Losers

At the time of writing, many of the prime cryptocurrencies are within the crimson over the previous 24 hours.

Bitcoin (BTC) fell 2.5% to $101,674, sustaining a $2.02 trillion market cap.

Ethereum (ETH) dropped 6.0% to $3,299, whereas BNB (BNB) slipped 1.3% to $943.

XRP (XRP) tumbled 1.9% to $2.23, and Solana (SOL) declined 3.0% to $156, extending final week’s losses.

Dogecoin (DOGE) edged down 1.6% to $0.163, and Cardano (ADA) shed 2.5%, now at $0.531.

Despite the market-wide decline, a couple of tokens stood out.

Momentum (MOM) led the beneficial properties, surging 242.4%, adopted by DeAgentAI (DAI) up 65.5%, and Anvil (ANV) rising 53.1%.

Trending tokens on CoinMarketCap included Intuition (ITU), Momentum (MOM), and Firo (FIRO), signaling dealer curiosity in AI and privacy-related initiatives amid volatility.

Meanwhile, Tokyo-listed Metaplanet executed a $100 million Bitcoin-backed borrowing on October 31, drawing from a $500 million credit score facility established days earlier to fund further crypto acquisitions, broaden its choices buying and selling enterprise, and doubtlessly repurchase shares.

The conservative borrowing represents simply 3% of Metaplanet’s $3.5 billion Bitcoin reserve, sustaining substantial collateral buffers even throughout potential market crashes.

Bitcoin Drops Below $100K as US Shutdown, Fed Uncertainty Weigh on Markets

Bitcoin fell to a five-month low under $100,000 on Wednesday as merchants reacted to the extended U.S. authorities shutdown and renewed considerations over slowing financial progress.

Ether led the decline, tumbling over 12% to $3,179, whereas whole crypto liquidations topped $2.09 billion in 24 hours, principally from lengthy positions.

Analysts mentioned the drop was driven less by leveraged futures and extra by spot traders stepping apart amid waning confidence after Fed Chair Jerome Powell signaled {that a} December charge lower isn’t assured.

The broader crypto market slipped alongside international equities, with whole market capitalization down 4.8% to $3.45 trillion and Bitcoin dominance rising above 60%, reflecting traders’ flight to relative security.

Analysts warned that altcoins might fall one other 30% versus Bitcoin as liquidity thins and speculative urge for food fades.

Meanwhile, US inventory indexes, together with the S&P 500 and Nasdaq, posted their greatest single-day drops since early October, led by weak point in tech and renewed warnings from prime banks about bubble dangers tied to the AI growth.

Macro pressures deepened because the U.S. authorities shutdown stretched to 36 days, freezing key financial knowledge and leaving traders reliant on personal indicators for steering.

Combined with Trump’s renewed commerce threats in opposition to China and doubts about future Fed charge cuts, threat sentiment soured throughout international markets.

Still, analysts like Ryan Lee of Bitget mentioned Bitcoin might rebound towards $115,000–$120,000 if macro circumstances stabilize, although geopolitical dangers and inflation stay key draw back threats.

Levels & Events to Watch Next

At the time of writing, Bitcoin is buying and selling round $101,992, up 0.52% on the day after briefly dipping under the important thing $100,000 mark earlier within the week.

The asset is making an attempt to stabilize close to the decrease boundary of its latest vary, with sentiment nonetheless fragile following a pointy sell-off.

BTC is presently oscillating between $101,000 and $104,000, suggesting short-term consolidation after heavy liquidations.

A break above $104,500 might open the trail for restoration towards $107,000 and $110,000, whereas failure to carry the $101,000 degree might expose the market to additional draw back towards $98,500–$97,000, a zone intently watched by merchants for potential rebounds.

Meanwhile, Ethereum trades close to $3,319, up 1.02% on the day, recovering barely after Monday’s steep decline that despatched costs to their lowest degree since July.

ETH faces instant resistance close to $3,400–$3,500, the place promoting strain stays sturdy. A sustained push above $3,550 might sign a short-term reversal towards $3,750–$3,900, whereas a drop under $3,250 dangers triggering a deeper correction towards the $3,000–$2,950 area.

Meanwhile, market sentiment has deteriorated additional, with the Crypto Fear and Greed Index plunging to twenty, signaling deep “Fear.”

The index stood at 27 yesterday, 39 final week, and 58 a month in the past, displaying a gentle slide from impartial territory into worry because the broader market sell-off accelerates. The present studying marks one of many lowest sentiment ranges since early 2024, highlighting how traders have shifted from optimism to warning.

Spot Bitcoin exchange-traded funds (ETFs) noticed vital outflows of $577.7 million on November 4, indicating intensified promoting strain throughout institutional Bitcoin merchandise, in keeping with knowledge from SoSoWorth.

The cumulative whole web influx for all US spot Bitcoin ETFs now stands at $60.42 billion, whereas whole web property quantity to $134.53 billion, representing 6.69% of Bitcoin’s market capitalization. Total every day buying and selling quantity reached $8.94 billion, displaying lively institutional participation regardless of bearish market sentiment.

Among particular person issuers, Fidelity’s FBTC led the outflows with $356.6 million, adopted by Grayscale’s GBTC at $48.9 million and Ark & 21Shares’ ARKB with $128.1 million. BlackRock’s IBIT reported no inflows or outflows for the day however stays the sector chief with $80.2 billion in web property, adopted by Fidelity’s $20.2 billion and Grayscale’s $17.2 billion.

Spot Ethereum ETFs additionally recorded $219.37 million in outflows on the day. Among the 9 listed funds, BlackRock’s ETHA led redemptions with $111.08 million in outflows, adopted by Grayscale’s ETHE at $19.78 million, Fidelity’s FETH at $19.86 million, and Grayscale’s ETH with $68.64 million.

The whole cumulative web influx for US spot Ethereum ETFs now stands at $14.01 billion, whereas whole web property fell to $21.12 billion, representing 5.45% of Ethereum’s market capitalization. Daily buying and selling quantity reached $4.15 billion, underscoring elevated turnover whilst institutional sentiment cooled.

Spot Solana ETFs continued to draw investor curiosity, recording $14.83 million in web inflows on November 4. Among the 2 listed merchandise, Bitwise’s BSOL dominated with $13.16 million in inflows, whereas Grayscale’s GSOL added $1.67 million.

The whole cumulative web influx now stands at $284.09 million, whereas whole web property reached $488.80 million, accounting for 0.58% of Solana’s market capitalization. Total every day buying and selling quantity got here in at $68.53 million, reflecting regular engagement regardless of broader market weak point.

Meanwhile, Zohran Mamdani has been elected as New York City’s next mayor, marking a historic second for town and a notable win for crypto prediction markets that after once more known as the result with placing accuracy.

Data from Polymarket, the blockchain-based prediction platform, confirmed that 92% of merchants bet on a Mamdani victory before election day, together with a $1 million place that pushed implied odds near certainty.

The publish Why Is Crypto Down Today? – November 5, 2025 appeared first on Cryptonews.

Similar Posts