Current Cryptocurrency News as of 3 November 2025. Bitcoin Holds Steady Above $110,000, Ethereum Stabilises, While Altcoins and Institutional Funds Show Growth. Cryptocurrency Market Overview and Analysis.
The cryptocurrency market at the beginning of November reflects a moderate optimism: Bitcoin remains around the $110,000 mark following the correction in October, while several altcoins are on the rise. The overall market capitalisation exceeds $3.7 trillion, with institutional demand remaining robust. The US Federal Reserve and global geopolitics continue to impact volatility, as comments from Fed representatives and trade negotiations between the US and China have caused some fluctuations. Nonetheless, the historical November rally season is boosting investors' optimism.
- Bitcoin: trading around $110,000 to $112,000, close to historic highs.
- Ethereum: testing levels near $3,900 in preparation for the upcoming major network upgrade.
- Altcoins: BNB, Solana, Cardano, and others are demonstrating signs of revival, exhibiting positive dynamics.
- Meme Coins: Dogecoin has breached the $0.20 level amid increasing trading volumes, while Shiba Inu remains in consolidation.
- Institutional Investments: Bitcoin ETFs attract billions, with new ETFs on Litecoin, Hedera, and Solana launched in the US.
- Regulation: China has strengthened its cryptocurrency ban, while the US and Europe are discussing new regulations; Russia is planning a law on stablecoins.
Bitcoin Maintains Key Support
The most capitalised cryptocurrency, Bitcoin (BTC), continues to trade near $110,000, maintaining resilience following the sharp sell-off in mid-October. Numerous analysts highlight crucial support at the $111,000 to $112,000 level and resistance around $117,000 to $120,000. Several sources indicate that if support above $110,000 holds, BTC could rise by 10 to 20% in November, potentially reaching $125,000 to $140,000. Historically, November has been characterised by positive average returns for Bitcoin, fueling bullish rally expectations.
Institutional flows indicate growing interest in Bitcoin: in October, Bitcoin ETFs attracted a net inflow of approximately $3.7 billion, signalling a search for safe assets amid inflationary pressures. Additionally, reports have surfaced regarding Coinbase's possible acquisition of over $1 billion in BTC, intensifying speculation about heightened demand from cryptocurrency exchanges. However, some experts caution about worsening macroeconomic risks: heads of major analytical firms warn of the potential for a short-term correction of up to 50% due to increased market volatility and external factors.
Ethereum and Network Activity
Ethereum (ETH) is trading around $3,900, pulling back from October highs above $4,000. At the same time, record activity is observed in the Ethereum ecosystem: daily transaction numbers, active addresses, and interactions with smart contracts have reached new heights. The growth in activity is supported by scalable second-layer solutions (Arbitrum, Optimism, Base) and the popularity of DeFi protocols (Uniswap, Aave, Lido). The upcoming significant network upgrade, "Fusaka", scheduled for 3 December 2025, aims to enhance privacy, security, and transaction efficiency, creating positive investor expectations.
- Transaction Growth: New protocols and updates (EIP-4844/"proto-danksharding") stimulate an increase in Ethereum's throughput.
- DeFi and NFTs: Increased demand for decentralised finance and non-fungible tokens continues to support ETH's position.
- Exchange Indicators: ETH quotes have stabilised after recent fluctuations, with analysts seeing potential for further growth in anticipation of the network upgrade.
Altcoins and Meme Coins
Aside from Bitcoin and Ethereum, leading altcoins have also attracted investor attention. Binance Coin (BNB) concluded October with a gain of over 4% and is currently trading above $1,080, thanks to activity on the Binance exchange and the development of Binance Smart Chain. Solana (SOL) hovers around $186, supported by the growth of DeFi/NFT projects on its platform. Cardano (ADA) trades around $0.62 amid expectations of new on-chain projects. XRP, focused on bank transfers, firmly holds above $2.50 ahead of a potential decision from the SEC regarding regulations.
Meme coins are also showing signs of life: Dogecoin (DOGE) has broken through the long-term resistance level of $0.20 due to increased trading volumes and the involvement of institutional investors. The second most popular meme coin, Shiba Inu (SHIB), remains within a narrow range around $0.000011, showing no strong trend. Among lesser-known assets, notable mentions include privacy coins Zcash (ZEC) and Monero (XMR), which ended October in positive territory, reflecting the current risk appetite sentiment.
Institutional Trends
In the context of price volatility and technological upgrades, institutional investors are actively engaging with cryptocurrencies. On 28 October, the first spot ETFs for three alternative coins (Litecoin, Hedera, and Solana) launched in the US. These funds amassed approximately $65 million in their first trading day, with Bitwise Solana Staking ETF attracting $56 million, marking a record result among ETF launches in 2025. At the same time, the respective token prices slightly decreased (SOL fell by ~3.6%, HBAR by ~6.5%, LTC by ~3.8%), which could indicate profit-taking following the initial excitement.
Among long-term players, sell-offs are also noted: for instance, investment firm Galaxy Digital, led by Mike Novogratz, sold about 1,531 BTC, which some analysts link to a short-term decrease in price pressure. Meanwhile, expert forecasts remain optimistic – analysts at Fundstrat expect Bitcoin to reach $200,000 to $250,000 by year-end, even accounting for potential corrections. Nevertheless, investors are advised to monitor key technical levels and diversify their portfolios.
Regulation and Global Events
The regulatory environment remains a significant driver of the cryptocurrency market. China has reaffirmed its strict stance: in May 2025, Beijing officially banned cryptocurrency trading and mining, leading to a market drop of more than 10% in the short term. This move highlights the investment risks in regions with uncertain regulations. In the US, traders are closely watching the Fed's decisions: comments from Fed Chair Jerome Powell at the end of October triggered a brief panicked sell-off, although stock indices remained stable. It is also essential to consider the US budget impasse (shutdown), which affects the publication of economic data and the regulators' decision-making capabilities.
In Europe, authorities are focusing on stability: US and EU regulators are considering new restrictions on stablecoins due to potential risks to the financial system. In Russia, supervisory authorities are discussing a draft law on digital assets, with lawmakers urging the Central Bank to introduce rules for stablecoins and regulate mining. These initiatives highlight the need to account for geopolitical factors: cryptocurrencies are becoming part of global economic discussions, and investors should keep abreast of news from various regions.
Top 10 Most Popular Cryptocurrencies
- Bitcoin (BTC) — the first and most valuable cryptocurrency, often regarded as "digital gold". Bitcoin is trading around $110,000 to $112,000 following the October correction. Support at $107,000 to $110,000 is attracting institutional investors, and the upcoming Taproot hard fork has improved the network's privacy and functionality.
- Ethereum (ETH) — the leading platform for smart contracts and DeFi applications. ETH is hovering at around $3,900. Major network upgrades (Fusaka) are aimed at reducing fees and enhancing scalability, which could stimulate price growth. Ethereum's share in the NFT and DeFi space remains high.
- Tether (USDT) — the largest stablecoin pegged to the dollar. USDT is actively used for trading and risk hedging. Despite auditor concerns, Tether plays a crucial role in ensuring liquidity on exchanges.
- Binance Coin (BNB) — the native token of Binance exchange and BNB Chain. BNB is utilised for fee payments and participation in IEOs. Steady growth of the active ecosystem and coin burning support the token’s value — around $1,085.
- USD Coin (USDC) — a regulated stablecoin from Circle. USDC is widely used by institutional investors. The majority of USDC is reserved in liquid assets, and its integration into payment systems continues to expand.
- Ripple (XRP) — the cryptocurrency of Ripple, aimed at interbank transfers. XRP is trading around $2.50. Resolution of disputes with SEC and partnerships with financial institutions could positively impact the coin.
- Solana (SOL) — a high-speed blockchain platform for decentralised applications. SOL is quoted around $185. Solana attracts DeFi and NFT developers thanks to low fees; however, volatility remains due to network overheating.
- Cardano (ADA) — a third-generation blockchain with PoS algorithm. ADA trades at approximately $0.62. Projects to expand smart contracts and create a dApp ecosystem make Cardano appealing to long-term investors.
- Dogecoin (DOGE) — the first meme coin with a fan community. DOGE is priced around $0.18. Despite its humorous origins, Elon Musk's focus and the growth in trading volumes give Dogecoin a place in speculators' portfolios.
- Tron (TRX) — the cryptocurrency of the Tron platform, focused on decentralised media applications. TRX is around $0.30. Tron supports numerous projects and stablecoins, expanding its presence in the entertainment ecosystem and metaverses.
Outlook and Summary
The outcomes of the current week largely hinge on the interplay between macroeconomic factors and the internal dynamics of the cryptocurrency market. Many analysts maintain a moderate optimism: seasonality and the expected stabilisation following the sell-offs provide grounds for anticipating new local peaks. Key focus points include the $100,000 level for Bitcoin and the $3,800 range for Ethereum, both of which may serve as support points in the event of further declines.
- Bitcoin and Ethereum could continue to rise if institutional demand and positive news (ETFs, network upgrades) outweigh macro risks.
- Activity in DeFi and NFTs, along with the launch of new blockchain projects, may support the entire altcoin market.
- The regulators' stringent stance (particularly in Asia and the West) remains a source of uncertainty. Investors should pay attention to news from China, the US, and Europe.
- The top 10 cryptocurrencies maintain dominance, but capital rotation among them is possible: the emergence of new trending tokens cannot be ruled out.
- Investors are advised to diversify their portfolios, balance risks, and employ both fundamental and technical analysis to assess the market.
