The crypto market is stable today, with the global cryptocurrency market capitalization holding steady at $3.49 trillion, showing no significant change over the past 24 hours. Meanwhile, the total trading volume sits at $162.6 billion, reflecting ongoing activity despite muted price movements.
TLDR:
Global crypto market cap stable at $3.49T, 24h volume $162.6B;
BTC -0.6% ($102,492), ETH -1.3% ($3,351);
Fear & Greed Index at 24 (Fear), up slightly from 20 yesterday;
BTC ETFs saw $137M outflows;
ETH ETFs recorded $118.6M outflows;
SOL ETFs gained $9.7M inflows;
Ethereum whales accumulated 394,682 ETH ($1.37B) in 3 days;
Strong US economic data lifted risk appetite;
Elon Musk stirred Dogecoin talk with “It’s time” post, but DOGE stayed flat near $0.16.
Crypto Winners & Losers
Among the top 10 cryptocurrencies by market cap, most are slightly down over the last day.
Bitcoin (BTC) trades at $102,492, marking a 0.6% decline in the past 24 hours and a 6.6% drop over the past week.
Ethereum (ETH) is also down by 1.3%, currently priced at $3,351, with a weekly decline of 13.7%.
XRP (XRP) shows a small 1.6% gain, trading at $2.28.
BNB (BNB) trades at $943.91, down 1.1% today, while Solana (SOL) continues to slide 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 assets, Ergo (ERG) leads with a 10.1% gain, followed by Zcash (ZEC) up 12.7%, and Concordium (CCD) slightly down by 0.3%.
Top gainers include Sapien (+160.7%), SOON (+98.7%), and Giggle Fund (+80.6%) — indicating strong speculative momentum in the altcoin sector.
Meanwhile, multiple Ethereum whales have significantly increased their holdings by acquiring 394,682 ETH worth $1.37 billion over the past three days.
According to on-chain data, the strategic accumulation suggests a strong bullish momentum in Ethereum’s long-term potential, despite current market fluctuations.
Per the detailed analysis, the largest buyer was an address that had previously borrowed 66,000 ETH from Aave. The whale has now repurchased 257,543 ETH at approximately $3,480, for a total of $896 million.
Bitcoin Rebounds Above $103K as Strong US Data Lifts Market Sentiment
Bitcoin climbed back above $103,000 on Thursday, mirroring a rebound in global equities as stronger-than-expected US economic data boosted investor confidence.
Fresh gains in US Treasury yields and a firm dollar kept risk appetite in check, but traders reduced expectations of a near-term Fed rate cut, signaling steadier policy conditions ahead.
Stronger US services and payroll figures lifted Wall Street and revived dip-buying momentum across markets.
Derivatives activity in crypto normalized after Wednesday’s volatility, with traders eyeing $100,000 as key support and $105,000–$107,000 as short-term resistance. Japan’s Nikkei and South Korea’s Kospi also rallied, reflecting broader optimism across Asia.
However, analysts warned that policy uncertainty and political gridlock in the US could cap gains. The ongoing government shutdown and frozen economic data releases have complicated growth assessments, making private indicators more influential.
For now, Bitcoin’s ability to hold above $100,000 remains the line between stability and renewed selling pressure.
Levels & Events to Watch Next
At the time of writing on Thursday, Bitcoin trades at $102,551, down 1.27% in the past 24 hours. The coin touched an intraday low near $101,500 and briefly rebounded toward $103,000 before consolidating.
BTC appears to be stabilizing after a volatile week, with key resistance seen at $105,000 and $107,000. A daily close above $107,500 could open the way toward $110,000, while failure to hold above $101,000 risks a deeper correction toward $98,500.
Ethereum (ETH) trades at $3,350, marking a 2.14% daily decline. The asset slipped from an intraday high near $3,420 and briefly tested lows around $3,300 before recovering slightly.
Should ETH reclaim $3,450, it could attempt to retest resistance at $3,600 and $3,750. Conversely, if bearish momentum continues, a break below $3,300 may expose support at $3,150 and $3,000.
Meanwhile, the crypto market sentiment remains in the fear zone. The CMC Crypto Fear and Greed Index currently stands at 24, slightly higher than 20 yesterday, but still signaling growing caution among investors.
Last week, the index was at 34 (Fear), while a month ago it was in Neutral territory at 59, highlighting a steady decline in confidence as market volatility persists.
Spot Bitcoin exchange-traded funds (ETFs) recorded $137 million in net outflows on November 5, reflecting renewed selling pressure across institutional Bitcoin investment products, according to data from SoSoValue.
The cumulative total net inflow for all US spot Bitcoin ETFs now stands at $60.28 billion, while total net assets amount to $139.15 billion, representing about 6.72% of Bitcoin’s market capitalization. Meanwhile, daily trading volume across the ETFs reached $4.07 billion, signaling sustained institutional activity despite market headwinds.
Among individual issuers, BlackRock’s IBIT led the outflows with $375.5 million, while Fidelity’s FBTC saw a $113.3 million inflow, marking the strongest positive flow of the day. Ark & 21Shares’ ARKB followed with $82.9 million in inflows, and Bitwise’s BITB added $17 million.
Spot Ethereum ETFs also saw $118.58 million in net outflows on November 5. Among issuers, BlackRock’s ETHA led with $146.6 million in outflows, while 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 total cumulative net inflow for US spot Ethereum ETFs now stands at $13.90 billion, while total net assets amount to $22.74 billion, representing 5.46% of Ethereum’s market capitalization. Meanwhile, the daily trading volume reached $1.79 billion, highlighting ongoing market activity despite redemptions.
In contrast, spot Solana ETFs continued to see steady inflows, recording $9.7 million in net additions on November 5. Among the two listed funds, Bitwise’s BSOL led with $7.46 million in inflows, while Grayscale’s GSOL followed with $2.24 million, marking another positive day for Solana-based institutional products.
The total cumulative net inflow for US spot Solana ETFs now stands at $293.8 million, while total net assets reached $531.35 million, representing 0.59% of Solana’s market capitalization. Meanwhile, daily trading volume came in at $50.81 million, reflecting sustained investor participation despite recent volatility.
Meanwhile, Elon Musk reignited Dogecoin chatter this week, posting “It’s time” on X, and traders immediately 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 lower on the day near $0.16, while Bitcoin and Ether were also in the red as risk appetite weakened.
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