Current Cryptocurrency News for Sunday, November 2, 2025: Bitcoin Stabilizes Around $110,000, Ethereum Holds Its Ground, and Institutional Investors Show Strong Interest in Altcoin ETFs. Overview of the Top 10 Cryptocurrencies in the World.
In the final days of October, cryptocurrency markets are undergoing a consolidation phase following a tumultuous rise. The total market capitalization of digital assets is approaching $3.7 trillion, with Bitcoin stabilizing around the $110,000 mark after reaching an all-time high above $126,000. Analysts note persistent volatility: they estimate that at the beginning of November, the BTC price will fluctuate between $108,000 and $120,000, with short-term corrections within that range.
Key factors influencing market dynamics:
- Monetary Policy: The U.S. Federal Reserve lowered the base rate to 3.75-4% at the end of October, but Jerome Powell emphasized caution regarding future steps;
- Global Events: The first meeting between the U.S. and China concluded without a joint statement, Japan launched the yen-backed stablecoin JPYC, while China tightened restrictions on cryptocurrencies;
- New Financial Products: The U.S. has introduced its first spot ETFs for Solana, Litecoin, and Hedera, with XRP ETF listings expected by mid-November;
- Trader Activity: Some large investors are locking in profits (reducing wallet balances holding tens of thousands of BTC), applying pressure on the price, while others view the correction as an opportunity to accumulate.
Bitcoin: Current Dynamics and Forecasts
Bitcoin remains the driving force behind the crypto market. After the historical rally at the beginning of October, its price corrected and consolidated around $110,000 by the end of the month. Many analysts predict a phase of "decision making": for BTC to resume its upward trajectory, it needs to surpass the $112,000 level, potentially leading to new records. However, if support at approximately $108,000 to $110,000 is lost, a retreat to the $100,000 to $105,000 range may occur. Historically, November is considered favorable for Bitcoin, with median returns in this month exceeding 10% based on recent cycles.
According to some experts, the baseline scenario for November suggests movement in the $100,000 to $109,000 range, with the lower boundary remaining a key support area. Meanwhile, medium-term forecasts for Bitcoin maintain a bullish stance: the median consensus forecast for the end of the year is close to $150,000, although the upward trend is gradually losing momentum.
Monetary Policy and Financial Markets
Central bank policies and the state of traditional finance impact the crypto market. In late October, the U.S. Federal Reserve lowered the key interest rate to 3.75-4.0%, but Jerome Powell indicated uncertainty regarding further actions. These statements, set against the backdrop of the U.S. budget crisis, have heightened investor caution. Following this, Bitcoin exhibited a decline of approximately 2%, and Bitcoin ETFs have experienced outflows in the hundreds of millions of dollars over the week.
Additionally, unfavorable signals from traditional markets place pressure on the cryptocurrency sector: corrections in equities and rising yields on government bonds diminish risk appetite. Investors are closely monitoring inflation data and regulatory speeches, assessing their impact on the availability of the dollar and other major currencies.
Global Events and Regulation
Geopolitical and regulatory news has mixed effects on cryptocurrencies. Recent U.S.-China negotiations ended without a joint final communiqué, which served as a negative signal for the markets. The People's Bank of China reiterated that stablecoins pose a "systemic threat" and has continued to tighten control over the crypto business. Conversely, Japan launched the first official yen-backed stablecoin, JPYC, on October 27. European regulators are also preparing to tighten oversight: ESMA is developing a plan for centralizing control over cryptocurrency exchanges across the EU rather than relying on disparate licensing.
Major Altcoins and Technological Updates
Ethereum continues to hold the position of the second-largest cryptocurrency by market capitalization (trading around $3,800 to $4,000) and serves as a platform for DeFi and NFT applications. The upcoming December fork, Fusaka, is expected to lower fees and enhance network security. Following a significant rise during the summer, ETH has corrected as investors take profits, and the influx of capital into ETH ETFs has diminished. Nevertheless, the network's fundamental indicators remain robust, and the long-term forecast for Ethereum at the end of the year consistently hovers around $5,500 to $6,000.
Other projects exhibit diverse dynamics. The spot ETFs for SOL, LTC, and HBAR, launched in late October, attracted significant initial inflows, but the prices of these tokens immediately dropped by 3-6% post-launch. Privacy coins such as Zcash and Monero have witnessed substantial price increases in recent weeks as investors return interest to anonymous solutions amid heightened transaction controls. Stablecoins continue to be a significant driver of the market: USDT and USDC still provide liquidity, while new initiatives for banking stablecoins broaden the options for accumulation in digital currencies.
Institutional Flows and ETF Products
- In October, total inflows into Bitcoin ETFs reached several billion dollars, but the largest funds experienced slight net outflows;
- The new spot ETFs for SOL, LTC, and HBAR, launched on October 28, attracted approximately $65 million: $56 million to the Solana fund, $8 million to Hedera, and $1 million to Litecoin. However, asset prices dropped by 3-6% immediately after the launch;
- A spot ETF for XRP is expected to be listed by mid-November, traditionally attracting significant attention from institutional investors.
Top 10 Most Popular Cryptocurrencies
- Bitcoin (BTC) — the first and largest cryptocurrency in the world. Its supply is capped at 21 million coins, ensuring scarcity and granting BTC the properties of digital gold. It is used as a reserve asset and a means of accumulation.
- Ethereum (ETH) — the second-largest cryptocurrency by market capitalization, serving as a platform for smart contracts and decentralized applications. The transition to Proof-of-Stake reduced the network's energy consumption, with ETH widely applied in DeFi and NFTs.
- Tether (USDT) — a leading stablecoin pegged to the US dollar, issued by Tether, and used by traders as a "digital dollar" for hedging and settlements without volatility.
- USD Coin (USDC) — a stablecoin issued by Circle and Coinbase, fully backed by fiat reserves and considered a more transparent asset for institutional investors.
- Binance Coin (BNB) — the utility token of the Binance exchange ecosystem, used for fee payments, participation in new project launches, and providing discounts within the platform.
- XRP — the coin of the Ripple payment protocol, designed for fast international bank transfers. It offers high throughput and is actively adopted in the financial sector.
- Solana (SOL) — a blockchain platform for high-speed transactions, utilizing the Proof-of-History algorithm and supporting tens of thousands of operations per second, making SOL a popular choice for NFTs and DeFi applications.
- Dogecoin (DOGE) — a "meme" cryptocurrency that gained wide recognition due to the internet community and public support from celebrities. It is used for tipping, charitable donations, and shows high volatility.
- Cardano (ADA) — a scientifically designed third-generation blockchain. It is based on research, uses an energy-efficient PoS algorithm (Ouroboros), and supports smart contracts in the Plutus language.
- Tron (TRX) — a decentralized platform for content and entertainment applications, founded by Justin Sun, providing high performance and low fees (often used for USDT transactions in the TRON network).
In conclusion, the cryptocurrency market as of November 2, 2025, displays mixed dynamics. On one hand, fundamental factors and institutional interest remain positive, with major coins maintaining significant support levels. On the other hand, short-term uncertainty due to economic and regulatory news keeps investors on edge. In the coming days, it will be important to monitor the movements of key coins and updates in the ETF sector to respond promptly to any potential trend changes.
