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Why Is Crypto Up Today? – November 6, 2025

The crypto market is secure at the moment, with the worldwide cryptocurrency market capitalization holding regular at $3.49 trillion, displaying no vital change over the previous 24 hours. Meanwhile, the full buying and selling quantity sits at $162.6 billion, reflecting ongoing exercise regardless of muted value actions.

TLDR:

  • Global crypto market cap secure at $3.49T, 24h quantity $162.6B;
  • BTC -0.6% ($102,492), ETH -1.3% ($3,351);
  • Fear & Greed Index at 24 (Fear), up barely from 20 yesterday;
  • BTC ETFs noticed $137M outflows;
  • ETH ETFs recorded $118.6M outflows;
  • SOL ETFs gained $9.7M inflows;
  • Ethereum whales gathered 394,682 ETH ($1.37B) in 3 days;
  • Strong US financial information lifted danger urge for food;
  • Elon Musk stirred Dogecoin speak with “It’s time” publish, however DOGE stayed flat close to $0.16.

Crypto Winners & Losers

Among the highest 10 cryptocurrencies by market cap, most are barely down over the past day.

Bitcoin (BTC) trades at $102,492, marking a 0.6% decline prior to now 24 hours and a 6.6% drop over the previous week.

Ethereum (ETH) can also be down by 1.3%, presently priced at $3,351, with a weekly decline of 13.7%.

XRP (XRP) exhibits a small 1.6% achieve, buying and selling at $2.28.

BNB (BNB) trades at $943.91, down 1.1% at the moment, whereas Solana (SOL) continues to slip with a 0.9% drop to $157.47.

Dogecoin (DOGE) fell 1.0%, now at $0.1613, and Cardano (ADA) slipped 1.0% to $0.5296.

Among the trending belongings, Ergo (ERG) leads with a ten.1% achieve, adopted by Zcash (ZEC) up 12.7%, and Concordium (CCD) barely down by 0.3%.
Top gainers embody Sapien (+160.7%), SOON (+98.7%), and Giggle Fund (+80.6%) — indicating sturdy speculative momentum within the altcoin sector.

Meanwhile, a number of Ethereum whales have significantly increased their holdings by buying 394,682 ETH price $1.37 billion over the previous three days.

According to on-chain information, the strategic accumulation suggests a robust bullish momentum in Ethereum’s long-term potential, regardless of present market fluctuations.

Per the detailed evaluation, the most important purchaser was an handle that had beforehand borrowed 66,000 ETH from Aave. The whale has now repurchased 257,543 ETH at roughly $3,480, for a complete of $896 million.

Bitcoin Rebounds Above $103K as Strong US Data Lifts Market Sentiment

Bitcoin climbed again above $103,000 on Thursday, mirroring a rebound in world equities as stronger-than-expected US financial information boosted investor confidence.

Fresh good points in US Treasury yields and a agency greenback stored danger urge for food in examine, however merchants diminished expectations of a near-term Fed price minimize, signaling steadier coverage circumstances forward.

Stronger US companies and payroll figures lifted Wall Street and revived dip-buying momentum throughout markets.

Derivatives exercise in crypto normalized after Wednesday’s volatility, with merchants eyeing $100,000 as key help and $105,000–$107,000 as short-term resistance. Japan’s Nikkei and South Korea’s Kospi additionally rallied, reflecting broader optimism throughout Asia.

However, analysts warned that policy uncertainty and political gridlock within the US might cap good points. The ongoing authorities shutdown and frozen financial information releases have sophisticated progress assessments, making personal indicators extra influential.

For now, Bitcoin’s capability to carry above $100,000 stays the road between stability and renewed promoting strain.

Levels & Events to Watch Next

At the time of writing on Thursday, Bitcoin trades at $102,551, down 1.27% prior to now 24 hours. The coin touched an intraday low close to $101,500 and briefly rebounded towards $103,000 earlier than consolidating.

BTC seems to be stabilizing after a unstable week, with key resistance seen at $105,000 and $107,000. A day by day shut above $107,500 might open the best way towards $110,000, whereas failure to carry above $101,000 dangers a deeper correction towards $98,500.

Ethereum (ETH) trades at $3,350, marking a 2.14% day by day decline. The asset slipped from an intraday high close to $3,420 and briefly examined lows round $3,300 earlier than recovering barely.

Should ETH reclaim $3,450, it might try to retest resistance at $3,600 and $3,750. Conversely, if bearish momentum continues, a break beneath $3,300 might expose help at $3,150 and $3,000.

Meanwhile, the crypto market sentiment remains in the fear zone. The CMC Crypto Fear and Greed Index presently stands at 24, barely greater than 20 yesterday, however nonetheless signaling rising warning amongst traders.

Last week, the index was at 34 (Fear), whereas a month in the past it was in Neutral territory at 59, highlighting a gentle decline in confidence as market volatility persists.

Spot Bitcoin exchange-traded funds (ETFs) recorded $137 million in web outflows on November 5, reflecting renewed promoting strain throughout institutional Bitcoin funding merchandise, based on information from SoSoValue.

The cumulative whole web influx for all US spot Bitcoin ETFs now stands at $60.28 billion, whereas whole web belongings quantity to $139.15 billion, representing about 6.72% of Bitcoin’s market capitalization. Meanwhile, day by day buying and selling quantity throughout the ETFs reached $4.07 billion, signaling sustained institutional exercise regardless of market headwinds.

Among particular person issuers, BlackRock’s IBIT led the outflows with $375.5 million, whereas Fidelity’s FBTC noticed a $113.3 million influx, marking the strongest constructive move of the day. Ark & 21Shares’ ARKB adopted with $82.9 million in inflows, and Bitwise’s BITB added $17 million.

Spot Ethereum ETFs additionally noticed $118.58 million in web outflows on November 5. Among issuers, BlackRock’s ETHA led with $146.6 million in outflows, whereas Grayscale’s ETHE remained flat on the day. Fidelity’s FETH and Grayscale’s ETH recorded modest inflows of $3.45 million and $24.06 million, respectively.

The whole cumulative web influx for US spot Ethereum ETFs now stands at $13.90 billion, whereas whole web belongings quantity to $22.74 billion, representing 5.46% of Ethereum’s market capitalization. Meanwhile, the day by day buying and selling quantity reached $1.79 billion, highlighting ongoing market exercise regardless of redemptions.

In distinction, spot Solana ETFs continued to see regular inflows, recording $9.7 million in web additions on November 5. Among the 2 listed funds, Bitwise’s BSOL led with $7.46 million in inflows, whereas Grayscale’s GSOL adopted with $2.24 million, marking one other constructive day for Solana-based institutional merchandise.

The whole cumulative web influx for US spot Solana ETFs now stands at $293.8 million, whereas whole web belongings reached $531.35 million, representing 0.59% of Solana’s market capitalization. Meanwhile, day by day buying and selling quantity got here in at $50.81 million, reflecting sustained investor participation regardless of current volatility.

Meanwhile, Elon Musk reignited Dogecoin chatter this week, posting “It’s time” on X, and merchants instantly started hunting for angles across the meme ecosystem.

Dogecoin barely budged at first, then slipped with the broader market. By early Nov. 5, DOGE traded decrease on the day close to $0.16, whereas Bitcoin and Ether have been additionally within the purple as danger urge for food weakened.

The publish Why Is Crypto Up Today? – November 6, 2025 appeared first on Cryptonews.

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