Global Cryptocurrency News as of 9 November 2025: Bitcoin Holds Above $100,000, Ethereum Recovers Ground, Altcoins Show Mixed Dynamics, Institutional Interest Grows, and the Market Prepares for a New Growth Phase.
By the end of the first week of November, the cryptocurrency market is showing signs of stabilisation after a recent downturn. Bitcoin is holding above the psychological threshold of $100,000, with leading altcoins gradually regaining lost ground. Investors maintain cautious optimism amid expectations of an upcoming easing of monetary policy and the emergence of positive news, such as the forthcoming major upgrade to the Ethereum network. At the same time, institutional interest in digital assets is strengthening, aided by an improving regulatory environment.
Bitcoin: Stabilisation Above $100,000
The largest cryptocurrency, Bitcoin (BTC), reached a new all-time high in October (around $125,000 at the start of the month) before transitioning to a predicted correction. In early November, amidst sell-offs, BTC briefly dipped below $100,000 (the first time since June), but soon found support and moved back above that level. Currently, Bitcoin is consolidating in a range of around $105,000, approximately 15% below its record peak. The $99–100k area serves as a significant support zone, affirming the continuation of the long-term upward trend. Immediate substantial resistance lies in the $115–120k range; a breakout above these levels would pave the way for BTC to reach new heights.
The factors that spurred Bitcoin's rally in 2025 continue to support the market. Investors are anticipating a gradual easing of monetary policy in the US, with expectations that the Federal Reserve (Fed) will lower interest rates for the first time in several years within the coming months. This traditionally boosts demand for risk assets, including cryptocurrencies. Institutional players are increasing their investments in BTC through exchange-traded funds (ETFs) and other products, consequently strengthening the market. However, risks remain: a sudden spike in inflation or stern statements from regulators could temporarily dampen interest in digital assets. For instance, at the end of October, a tightening of rhetoric from the Fed triggered a wave of profit-taking and a brief outflow of funds from crypto funds, but buyers quickly returned during Bitcoin's price drop, demonstrating the market's resilience. Overall, BTC shows relative stability: long-term holders are not rushing to sell, and major companies are accumulating coins on dips, forming a solid foundation for future growth.
Ethereum: Recovery Ahead of Upgrade
The leading altcoin, Ethereum (ETH), significantly strengthened in 2025, although it also recently experienced a correction alongside the broader market. At the beginning of November, the ETH price fell by almost 20%, briefly dipping below $3,100 (a three-month low). However, it later rebounded and recovered to around $3,400–3,500. Despite recent volatility, Ethereum's current price remains substantially above the levels at the start of the year and approximately 20–25% below its all-time high (~$4,867, reached in 2021). ETH's market capitalisation currently exceeds $500 billion (about 12% of the total cryptocurrency market capitalisation).
Both fundamental factors and expectations of upcoming events are supporting Ethereum. By the year-end, the industry expects the approval of the first spot ETF on Ethereum in the US, which will significantly expand access for institutional investors to this asset and could act as a trigger for a new price increase. Additionally, a major network upgrade aimed at improving scalability and reducing fees is scheduled for early December. This technological factor is drawing attention from the market: participants anticipate that the network upgrade will strengthen Ethereum's position as a key platform for decentralised applications (DeFi, NFTs, etc.). Structural changes are also positively influencing Ethereum: the transition to a Proof-of-Stake algorithm and a deflationary emission model have reduced the supply of ETH, which supports its value growth in the long term. Many analysts believe that Ethereum is capable of nearing its peak values in the coming months if conditions are favourable.
Altcoins: Mixed Dynamics
Following Bitcoin's impressive rise in autumn, investor interest has partially shifted towards other cryptocurrencies. The broader altcoin market also exhibited growth, but volatility in this segment has notably increased. At the end of October and the beginning of November, many altcoins retreated from recent highs, resulting in a mixed current dynamic. Some leading digital assets are holding near multi-year peaks, while others have experienced more substantial declines. For example, XRP (the token of Ripple) surpassed $3 for the first time since 2018 amidst Ripple's legal victory over the SEC, maintaining this level due to expectations surrounding an XRP ETF launch. Binance Coin (BNB) reached approximately $850 during the autumn rally; it is currently trading around $750 and remains in the top five, despite ongoing regulatory pressure on the Binance exchange.
The Solana (SOL) platform has risen confidently this autumn, with its price stabilising around $170, aided by the expansion of its project ecosystem. Conversely, some previously strongly performing coins have decreased significantly from their highs: Cardano (ADA) retreated to around $0.75 after a summer surge, while the popular meme token Dogecoin (DOGE) is trading at approximately $0.20, losing some ground after a frenzy. Nonetheless, interest in alternative cryptocurrencies remains, particularly in projects with a robust technological base or a positive news backdrop. Investors continue to monitor plans for launching ETFs on specific altcoins — for instance, Solana, Cardano, and XRP — reflecting faith in the further integration of these assets into traditional financial markets.
Market Sentiment and Volatility
In early November, the cryptocurrency market experienced sharp price fluctuations and shifting investor sentiments. The "fear and greed" index fell to around 20-25 points, indicating a zone of "extreme fear" — a sharp contrast to the metrics a month earlier. This signifies heightened caution among participants following the price drop; at the same time, extreme fear is often viewed by some investors as a signal to buy at the "bottom" before a market rebound.
The abrupt decline in prices was accompanied by a mass liquidation of margin positions, intensifying the depth of the downturn. On 4-5 November, the total volume of forced liquidations on cryptocurrency exchanges exceeded $1.7 billion, with around 76% of this sum accounting for the liquidation of long positions. Particularly hard hit were Ethereum traders, who suffered liquidation losses exceeding $570 million in a single day. These episodes highlight the high risks associated with high leverage usage: a wave of position closures exacerbates short-term price fluctuations. However, the price decrease has already brought several indicators into the oversold zone, and a reduction in the share of leveraged positions could facilitate stabilisation. If Bitcoin holds above approximately $100,000 and Ethereum stays above around $3,100, the market has a chance to shift to a recovery phase and recoup some of its recent losses.
Institutional Interest at Record Levels
One of the key trends of 2025 has been the unprecedented involvement of institutional investors in the cryptocurrency market. Major banks, investment funds, and public companies worldwide are actively adding cryptocurrencies to their portfolios, resulting in a record inflow of capital into the industry. The emergence of the first spot ETFs on Bitcoin and Ethereum in the US has simplified access to digital assets, and demand for these instruments is rising rapidly. Since the beginning of the year, the total assets under management of crypto ETFs have increased to around $150 billion. At the end of October, there was a brief profit-taking period — for the last week of the month, over $1 billion was withdrawn from US Bitcoin and Ethereum ETFs combined. However, by early November, institutions resumed purchases on dips, quickly offsetting this outflow. Currently, total institutional investments in cryptocurrencies are close to historical highs, and the share of Bitcoin and Ethereum in the reserves of some corporations continues to grow. Many companies view BTC as a strategic reserve asset alongside gold. This influx of capital from the top creates a solid foundation for the market and fuels expectations for a prolonged bullish trend.
Regulation: The US and Europe
The regulatory environment surrounding cryptocurrencies is gradually improving, fostering investor confidence. In the US, 2025 has seen a shift in the authorities' approach to the digital asset industry. Congress is advancing bills (such as the Digital Asset Market Clarity Act) aimed at establishing clear rules for cryptocurrency exchanges and token issuers. Concurrently, the new leadership at the Securities and Exchange Commission (SEC) has softened its stance: the regulator has stated that only a small portion of tokens should be regulated as securities and is preparing clear criteria for classifying digital assets. The SEC has already withdrawn several lawsuits against major cryptocurrency exchanges, signalling a willingness to collaborate with the industry rather than working against it. Furthermore, the administration of President Donald Trump has pardoned Binance founder Changpeng Zhao (CZ), previously convicted of financial law violations — an unprecedented step demonstrating the authorities' desire to find common ground with the crypto business. Collectively, these measures create a more favourable landscape for the cryptocurrency market in the US, promising legal certainty and better investor protection.
In Europe, a unified Markets in Crypto-Assets (MiCA) regulation is set to come into effect at the end of the year, establishing common rules for the industry in EU countries (activities of cryptocurrency exchanges, wallets, issuance of stablecoins, etc.). Several major crypto companies have already obtained licenses under the new regulations, creating more predictable business conditions and a balance between innovation and security. European regulators continue to engage in dialogue with the industry, striving to make regulation flexible and responsive to market developments.
Global Trends and Initiatives
- China (via Hong Kong) — In Hong Kong, with the support of the Chinese authorities, the launch of the first regulated stablecoins pegged to the yuan is underway. This pilot project aims to lay the groundwork for the use of digital currencies in international settlements under the oversight of Chinese regulators.
- Brazil — In Latin America, interest in crypto assets is growing among governments. In Brazil, parliament is considering an initiative to include Bitcoin in the national foreign currency reserves (up to 5%). This decision could place Brazil among the first major economies to officially incorporate cryptocurrency into state reserves.
- UAE and Singapore — Countries in the Middle East and Southeast Asia are striving to become global crypto hubs. The United Arab Emirates is attracting blockchain businesses with progressive regulation and special economic zones for crypto companies. Singapore is also implementing friendly rules and licensing cryptocurrency exchanges, transforming into one of the centres of global crypto finance.
- Russia — Regulators in Russia are intensifying control over cryptocurrency transactions within the country. Banks are implementing tracking and blocking systems for suspicious digital asset transactions, while measures against illegal crypto transactions are being tightened. Concurrently, Russia is promoting its own digital currency project: a prototype of the digital rouble has already been tested, with an official launch expected in 2026. These steps aim to ensure financial security and legality of transactions, integrating cryptocurrencies into the existing banking system.
Top 10 Most Popular Cryptocurrencies
- Bitcoin (BTC) — ~$105,000 (≈55% of the market). The first and largest cryptocurrency with a capped supply (21 million coins). Despite recent volatility, BTC maintains key price levels. Institutional demand and Bitcoin's reputation as "digital gold" support its long-term growth.
- Ethereum (ETH) — ~$3,500 (≈12% of the market). The leading smart contracts platform and the second-largest cryptocurrency by market capitalisation. The transition to Proof-of-Stake and a deflationary emission model have strengthened Ethereum's position as a technological asset. The expected network upgrade and potential ETF launch for ETH are boosting investor interest.
- Tether (USDT) — ~$1.00. The largest stablecoin pegged to the US dollar (1:1 peg). USDT provides high liquidity to the crypto market, serving as a "safe haven" for capital between transactions. The coin’s market capitalisation is around $160 billion, consistently maintaining its parity with the dollar.
- Binance Coin (BNB) — ~$750. The token of the largest cryptocurrency exchange Binance (BNB Chain network). It is used for trading fee payments, participation in new projects on the platform, and other exchange services. Despite regulatory complexities surrounding Binance, BNB remains in the top five due to its broad utility and community support.
- USD Coin (USDC) — ~$1.00. The second-largest stablecoin (issued by the Circle and Coinbase consortium). Fully backed by dollar reserves and undergoing regular audits, USDC is deemed one of the most reliable digital assets. It is actively used by institutional investors and in the DeFi sector.
- XRP (Ripple) — ~$3.00. The token of the Ripple payment network for fast cross-border settlements. In 2025, XRP surpassed $3 for the first time in seven years, bolstered by Ripple's court victory against the SEC and expectations of an XRP ETF launch. This asset attracts banks and funds due to the efficiency of Ripple's technology and is now back among the top three in terms of market capitalisation.
- Solana (SOL) — ~$170. A high-performance Layer 1 blockchain known for its transaction speed and low fees. SOL has surged 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 peaks.
- Cardano (ADA) — ~$0.75. A blockchain platform employing a Proof-of-Stake algorithm, emphasising a scientific approach to development. Although ADA's price is far from its record values, the coin remains among the top ten due to its large capitalisation and active community. Investors believe in Cardano's long-term potential, considering plans for ETF launches and network upgrades.
- Dogecoin (DOGE) — ~$0.20. The most well-known "meme" cryptocurrency, originally created as a joke. DOGE retains its place among the largest coins thanks to its dedicated community and periodic popularity surges (e.g., following public mentions by well-known entrepreneurs). The coin is used for micropayments and tips online but remains highly volatile.
- TRON (TRX) — ~$0.33. The token of the Tron platform, focused on decentralised services, multimedia applications, and issuance of tokenised assets. Tron attracts users with low fees and high throughput. TRX has solidified its position and entered the top ten largely due to active network usage for stablecoin issuance and the growth of DeFi applications.
Thus, as of 9 November 2025, the cryptocurrency market as a whole remains at historically high levels despite recent volatility. Fundamental factors remain positive: an influx of institutional capital, technological advancements in blockchain platforms, and regulatory easing create favourable conditions for further industry growth. However, a certain degree of uncertainty persists, so market participants should closely monitor key events — the potential approval of new crypto ETFs, the successful roll-out of the Ethereum upgrade, as well as macroeconomic signals (the US dollar, monetary policy by central banks). These factors could provide new momentum to the market by the end of the year. Meanwhile, investors are balancing between caution and hope, with many counting on Bitcoin and Ethereum maintaining critical support levels to allow the market to resume its upward trajectory. However, they are acting prudently considering recent volatility. As mid-November approaches, the crypto industry is holding its ground and gearing up for new movements, presenting both risks and opportunities for investors.
