Cryptocurrency News - Saturday, 8th November 2025: Bitcoin Holds $100,000, Ethereum Prepares for Upgrade, Top 10 Overview

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Cryptocurrency News - 8th November 2025: Bitcoin and Ethereum
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Current Cryptocurrency News as of 8 November 2025: Bitcoin Holds Above Key $100,000 Level After Volatile Week, Ethereum Prepares for Major Network Upgrade, Altcoin Market Shows Mixed Dynamics. Institutional Interest in Digital Assets Remains High Amid Expectations of Fed Policy Easing and Improved Regulation.

Bitcoin: Maintaining Key Support

The largest cryptocurrency, Bitcoin (BTC), reached a new all-time high (~$125,000 in early October), before entering the expected correction phase. In early November, BTC briefly dipped below the psychological $100,000 mark (for the first time since June) amid a sell-off, but quickly found support: Bitcoin is now consolidating around ~$105,000. The area around $99–100,000 serves as significant support, indicating the preservation of a long-term bullish trend. The nearest resistance zone lies within the $115–120,000 range – a confident rise above these levels would pave the way for BTC to set new record highs. Factors that fueled Bitcoin's rally in 2025 remain prevalent. Investors anticipate a gradual easing of monetary policy in the US: it is expected that the Fed will shift towards lowering interest rates, which traditionally boosts demand for risky assets, including cryptocurrencies. Institutional players continue to increase their investments in BTC through exchange-traded funds (ETFs) and other investment products, strengthening the market. However, risks persist: a sudden spike in inflation or hawkish statements from the Federal Reserve may temporarily dampen interest in digital assets. For example, in late October, an increase in the Fed's hawkish rhetoric triggered a wave of profit-taking and a brief outflow of funds from crypto funds; nevertheless, buyers quickly re-emerged as Bitcoin's price dipped. Overall, BTC demonstrates relative resilience: many long-term holders are not in a rush to sell their coins, viewing Bitcoin as a form of "digital gold" and a hedge against inflation. Large corporations and funds are also continuing to accumulate BTC on their balance sheets, using corrections as an opportunity to increase their positions, which supports the market and indicates confidence in the continuation of the bullish cycle.

Ethereum: Returning to Growth Ahead of Upgrade

The leading altcoin, Ethereum (ETH), has significantly strengthened in 2025, although it recently experienced a correction alongside the market. In the early days of November, ETH's price fell nearly 20%, briefly dropping below $3,100 (the lowest in three months). However, Ethereum subsequently recovered to about ~$3,400–3,500. Despite recent fluctuations, the current price of Ethereum remains significantly above the levels seen at the beginning of the year and is only 20–25% below its all-time high (~$4,867, recorded in 2021). Ethereum's market capitalisation currently exceeds $500 billion (about 12% of the total cryptocurrency market capitalisation). Support for Ethereum stems from both fundamental factors and expectations of upcoming events. By the end of 2025, the industry anticipates the approval of the first spot ETF on Ethereum in the US, which would significantly broaden access for institutional investors to this asset and could trigger a new price rally. Additionally, a major network upgrade aimed at enhancing scalability and reducing fees is scheduled for early December. This technological driver is drawing market interest: participants anticipate that the network upgrade will strengthen Ethereum's position as a key platform for decentralised applications (DeFi, NFTs, and more). Investors also note positive structural changes — Ethereum's transition to a Proof-of-Stake algorithm and a deflationary model of issuance has reduced ETH supply, which could foster price growth in the long term. Many analysts maintain an optimistic outlook and believe that Ethereum could breach the $4,500 threshold and approach record peak values over the coming months, provided market conditions are favourable.

Altcoin Market: Mixed Dynamics

Following Bitcoin's impressive ascent over the preceding months, investor interest has partially shifted towards other cryptocurrencies. The broader altcoin market also experienced growth during the autumn; however, volatility in this segment has notably increased. In late October and early November, many altcoins faced a correction from recent highs, leading to heterogeneous current dynamics. Some leading digital assets are holding close to multi-year highs, while others have corrected more substantially. For instance, XRP (the token from Ripple) surpassed $3.00 for the first time since 2018, following Ripple's legal victory over the SEC and remains around that level thanks to expectations regarding the launch of an XRP ETF. Binance Coin (BNB) recently peaked around ~$850; currently, BNB is trading slightly lower (around $750) yet remains among the top five cryptocurrencies, despite ongoing regulatory pressures surrounding Binance. Solana (SOL) has confidently appreciated this autumn, stabilising around ~$170–180, aided by the expansion of projects within the Solana ecosystem and the recent launch of its first investment fund related to SOL. Conversely, some previously high-flying coins have significantly retreated from their peaks: for example, Cardano (ADA) has decreased to about ~$0.75–0.80 after a summer surge, while the popular meme token Dogecoin (DOGE) trades around $0.20, losing some ground after summer hype. Nonetheless, interest in alternative cryptocurrencies remains, particularly for projects with robust technological foundations or positive news narratives surrounding them. Investors are continually monitoring initiatives to launch ETFs based on select altcoins — such as Solana, Cardano, and XRP — indicating faith in the further integration of these assets into traditional markets.

Market Sentiment and Volatility

In the initial weeks of November, the cryptocurrency market witnessed increased volatility and a shift in investor sentiment. The "fear and greed" index for cryptocurrencies has fallen to around 20–25 points, aligning with the "extreme fear" zone — a stark contrast to the preceding month’s “greed” levels. This signals caution among market participants following recent price declines. Historically, such low index values may indicate either a risk of further declines or the forming of a bottom for an upward reversal, as some investors perceive extreme fear as a buying opportunity at the "bottom." Sharp price movements in early November were accompanied by widespread liquidation of leveraged positions, exacerbating price corrections. On 4–5 November, the total volume of forced liquidations on cryptocurrency exchanges exceeded $1.7 billion, with approximately 76% of this sum attributed to the liquidation of long positions. Ethereum traders were particularly hard-hit, with losses from liquidations exceeding $570 million in a single day. Such episodes affirm the risk of leveraging: waves of margin position liquidations amplify short-term price volatility. Experts advise investors to remain disciplined and to manage risks diligently under such conditions. Meanwhile, the decrease in prices has led indicators like the RSI for several cryptocurrencies into oversold territories, which, combined with the reduction of leveraged positions, could contribute to market stabilization. Should Bitcoin maintain support around ~$100,000 and Ethereum around ~$3,100, the market stands a chance to transition into a phase of recovery rally in the near future.

Institutional Interest at Record Levels

One of the key trends of 2025 has been unprecedented participation by institutional investors in the cryptocurrency market. Large banks, investment funds, and publicly traded companies worldwide are actively adding cryptocurrencies to their portfolios, resulting in record capital inflow into the sector. The emergence of the first spot ETFs for Bitcoin and Ethereum in the US has simplified access to digital assets, leading to overwhelming demand for these instruments. Year-to-date, the total assets under management in crypto-ETFs have grown to approximately $150 billion. Although short-term profit-taking occurred in late October (e.g., over $1 billion was withdrawn from US Bitcoin and Ethereum ETFs during the last week of October), institutional buyers quickly returned to purchase on dips at the start of November. Industry analysts indicate that the period from 29 October to 5 November marked the longest stretch of net outflows from Bitcoin funds in a year (six consecutive trading days); however, shortly thereafter, major players began to build their positions once more. Total institutional investments in cryptocurrencies in 2025 are approaching historical highs, while the share of Bitcoin and Ethereum in the reserves of certain corporations is constantly increasing. Many companies now view BTC as a strategic reserve asset alongside precious metals. This sustained influx of capital from the "top" establishes a firm foundation for the market and supports expectations for a continued long-term bullish trend.

Regulation: USA and Europe

The regulatory environment surrounding cryptocurrencies is gradually improving, instilling confidence among investors. In the United States, 2025 has seen a shift in governmental attitudes towards the digital asset industry. In the summer, the House of Representatives approved the Digital Asset Market Clarity Act (CLARITY Act), aimed at creating clear rules for cryptocurrency exchanges and token issuers; a comprehensive legislative proposal is currently under review by the Senate's relevant committee. Concurrently, the new leadership at the Securities and Exchange Commission (SEC) has demonstrated a more lenient stance: it has been announced that only a small portion of tokens should be regulated as securities, and clear criteria for classifying digital assets are being prepared. The SEC has already withdrawn several lawsuits against major cryptocurrency exchanges, signalling a willingness to collaborate with the industry rather than opposing it. Moreover, the administration of President Donald Trump took the unprecedented step of pardoning the founder of the Binance exchange, Changpeng Zhao (CZ), who had previously been convicted of violating financial legislation — this gesture highlighted the US authorities' desire to reach a compromise with the crypto business. Collectively, these measures are forming a more conducive atmosphere for the cryptocurrency market in the US, promising much-anticipated legal clarity and investor protection. In Europe, the Markets in Crypto-Assets (MiCA) framework legislation will come into effect by the end of the year. This law establishes common rules for the cryptocurrency industry across EU countries, including requirements for the operation of cryptocurrency exchanges, wallets, and the issuance of stablecoins. Several major crypto companies have already obtained licenses under the new regulations. This creates predictable operational conditions and balances innovation with security: projects can develop under clear laws, while investors obtain additional guarantees. European regulators are also continuing dialogue with the industry to make regulation flexible and responsive to the rapidly evolving market.

Global Trends and Initiatives

In other regions of the world, governments and financial organizations are actively integrating cryptocurrencies, introducing new technologies and rules: - **China (via Hong Kong)** – In Hong Kong, under the support of the Chinese authorities, the first regulated stablecoins pegged to the yuan are being prepared for launch. This pilot project aims to lay the groundwork for using digital currencies in international settlements under the supervision of Chinese regulators. - **Brazil** – In Latin America, interest from nations in crypto assets is growing. The Brazilian parliament is considering an initiative to include Bitcoin in the national gold and foreign exchange reserves (up to 5%). Such a decision could make Brazil one of the first major economies to officially add cryptocurrencies to its state reserve assets. - **UAE and Singapore** – Middle Eastern and Southeast Asian countries are striving to become global crypto hubs. The United Arab Emirates is attracting blockchain businesses through progressive regulations and special economic zones for crypto companies. Singapore is also implementing friendly regulations and licensing cryptocurrency exchanges, transforming into one of the centres of global crypto finance. - **Russia** – Regulators are tightening controls over the circulation of cryptocurrencies within the country. Banks have implemented systems for tracking and blocking suspicious operations with digital assets, and measures against illegal crypto transactions have been intensified. Simultaneously, Russia is advancing its own project for a digital national currency: a prototype of the digital ruble has already been tested, with the official launch expected in 2026. These steps aim to ensure financial security and legality of operations, integrating cryptocurrencies into the existing banking system.

Top 10 Most Popular Cryptocurrencies

  1. Bitcoin (BTC) — ~$105,000 (≈55% of the market). The first and largest cryptocurrency with a limited supply (21 million coins). Despite recent volatility, BTC maintains key price levels. Institutional demand and the perception of Bitcoin as "digital gold" underpin its long-term growth.
  2. Ethereum (ETH) — ~$3,500 (≈12% of the market). The leading smart contract platform and the second largest crypto asset by market capitalisation. The transition to Proof-of-Stake and a deflationary issuance model have strengthened Ethereum's position as a technological asset. The anticipated network upgrade and potential launch of an ETF on Ethereum heighten investor interest in ETH.
  3. Tether (USDT) — ~$1.00. The largest stablecoin, pegged 1:1 to the US dollar. USDT provides high liquidity in the crypto market, serving as a "safe haven" for capital during transactions. The market capitalisation of the stablecoin is approximately $160 billion, and the coin reliably maintains its parity with the dollar.
  4. Binance Coin (BNB) — ~$750. The token of the largest crypto exchange ecosystem, Binance (BNB Chain). It is used to pay trading fees, participate in the launch of new projects, and access other exchange services. Despite regulatory challenges surrounding Binance, BNB remains in the top five due to its broad application and community support.
  5. USD Coin (USDC) — ~$1.00. The second largest stablecoin (issued by a consortium of companies including Circle and Coinbase). Fully backed by US dollar reserves and undergoes regular audits, making USDC one of the most reliable digital assets. It is actively used by institutional investors and in the DeFi sector.
  6. XRP (Ripple) — ~$3.00. The token of the Ripple payment network, designed for rapid cross-border transactions. In 2025, XRP surpassed $3 for the first time in seven years, aided by Ripple's legal victory against the SEC and expectations surrounding the launch of an XRP ETF. The asset attracts banks and funds due to the efficiency of Ripple's technologies and has now re-entered the top three cryptocurrencies by market capitalisation.
  7. Solana (SOL) — ~$180. A high-performance Layer 1 blockchain known for its transaction speed and low fees. SOL saw a significant price increase due to the expansion of its ecosystem (decentralised finance, NFTs) and prospects for an ETF based on Solana. Despite overall market fluctuations, Solana remains close to its recent multi-year highs.
  8. Cardano (ADA) — ~$0.75. A blockchain platform with a Proof-of-Stake algorithm, focused on a scientific approach to development. Although the current price of ADA is far from its record highs, the coin remains among the top ten due to its substantial market capitalisation and active community. Investors continue to believe in Cardano's long-term potential, considering plans for an ETF launch and network improvements.
  9. Dogecoin (DOGE) — ~$0.20. The most well-known "meme" cryptocurrency, initially created as a joke. DOGE retains its place among the largest coins due to a dedicated community and periodic surges in popularity (including mentions from notable entrepreneurs). The coin is used for microtransactions and tips online, yet remains extremely volatile.
  10. TRON (TRX) — ~$0.33. The token of the Tron platform, which is oriented towards decentralised services, multimedia applications, and the issuance of tokenised assets. Tron attracts users with low fees and high network throughput. TRX has solidified its price positions and entered the top ten largely due to its active usage for stablecoin issuance and the growth of DeFi applications.
Thus, as of 8 November 2025, the cryptocurrency market as a whole remains at historically high levels despite the recent correction. Fundamental factors remain positive: the influx of institutional capital, technological advancements in blockchain platforms, and regulatory easing create a favourable environment for further industry growth. At the same time, there is also some uncertainty. In the short term, market participants should closely monitor key events — potential approval of new crypto ETFs, the implementation of the Ethereum network upgrade, and macroeconomic signals (the dollar's exchange rate, central bank policies). These factors could provide new momentum to the market by the end of the year. Meanwhile, investors are balancing caution with optimism: many expect that the retention of key support levels by Bitcoin and Ethereum will enable the crypto market to resume its upward trajectory, although they are operating cautiously given recent volatility. Therefore, as we approach the middle of November, the crypto industry maintains its achieved positions and prepares for new movements, offering both risks and opportunities for global investors.
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