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November 7, 2025cryptonews logocryptonews

Why Is Crypto Down Today? – November 7, 2025

The cryptocurrency market is trading slightly lower today, with global market capitalization down 0.7% to $3.49 trillion, according to data from CoinMarketCap. Meanwhile, 24-hour trading volume stands at $180.4 billion, showing active participation despite broader weakness. TLDR: Global crypto market cap slipped 0.7% to $3.49T, with 24h volume at $180.4B; BTC fell 0.2% ($101,553), ETH dropped 0.1% ($3,336); Asian equities mirrored Wall Street losses after AI stock selloffs and weak US job data; Institutional demand for BTC slowed as treasuries and ETFs showed cooling inflows; Fear & Greed Index fell to 21 (Fear) from 24 yesterday and 62 a month ago; BTC ETFs rebounded with $240M inflows; ETH ETFs added $12.5M; Traders remain cautious amid the ￰0￱ shutdown, Fed rate-cut ￰1￱ Winners & Losers At the time of writing, most leading cryptocurrencies are down over the past 24 ￰2￱ (BTC) is trading at $101,553, down 0.2%, with a $2.02 trillion market ￰3￱ (ETH) fell 0.1% to $3,336, while BNB (BNB) edged up 0.4% to $964.83.

XRP (XRP) climbed 4.5% to $2.22, standing out as one of the few top ￰4￱ (SOL) slipped 1.2% to $157.21, while Cardano (ADA) rose 1.8% to $0.5455. Dogecoin (DOGE) gained 1.6%, now trading at $0.1663. Despite the overall decline, a few altcoins posted notable ￰5￱ (DAI) surged 618.7%, Internet Computer (ICP) rose 4.4%, and Zcash (ZEC) gained 19.5% in the past 24 ￰6￱ gainers also include sudeng (+248.4%) and DUSK (+59.5%), signaling renewed speculative activity across smaller-cap ￰7￱ coins on CoinMarketCap are DeAgentAI , Internet Computer , and Zcash , reflecting rising investor interest in AI-linked and privacy-focused projects amid a cautious trading ￰8￱ and Asian Markets Fall as Investors Turn Risk-Averse Amid Weak Data and ETF Outflows Asian markets opened lower on Friday, extending a global risk-off sentiment that weighed on both equities and ￰9￱ and other digital assets slipped further after data showed weakening demand and reduced treasury inflows from large ￰10￱ total crypto market cap fell around 2% to $3.47 trillion, with Bitcoin down 1.5% to $101,545 and Ether down 2.5% to $3,320.

Regional equity benchmarks mirrored the downturn, with Japan’s Nikkei 225 dropping 1.75% and Hong Kong’s Hang Seng Index falling 0.74%. The declines followed Wall Street’s overnight selloff led by tech and AI-linked ￰11￱ Nasdaq fell 1.9%, driven by profit-taking after months of AI-fueled ￰12￱ labor data showing 153,074 job cuts in October, nearly triple last year’s total, added to concerns about an economic ￰13￱ feels like equities are cooked, and if equities are cooked, then our coins are about to get smacked — Flood (@ThinkingUSD) November 6, 2025 Analysts said the losses highlight investors’ cautious positioning as the earnings season ends and the US government shutdown continues to cloud visibility on official economic indicators.

Meanwhile, institutional appetite for Bitcoin is showing signs of ￰14￱ economist Thomas Perfumo said demand from major treasuries like MicroStrategy has slowed, while crypto ETFs have seen notable ￰15￱ weaker sentiment, analysts maintain that markets remain orderly, with traders watching for potential Federal Reserve support if funding stress ￰16￱ yields stayed firm, while the dollar slipped 0.4%, and the euro rose to $1.1547, signaling growing expectations for another Fed rate cut later this ￰17￱ & Events to Watch Next At the time of writing, Bitcoin is trading at $101,440, up 0.15% on the ￰18￱ coin remains under pressure after repeated failed attempts to reclaim the $103,000 ￰19￱ intraday range sits between $100,800 and $102,300, reflecting cautious sentiment and low trading volume following this week’s market-wide decline.

A strong daily close above $103,000 could open the path toward $105,000–$107,000, where previous resistance levels remain ￰20￱ the downside, losing $100,000 support risks deeper retracements toward $98,500 and $96,800, key zones where buyers previously stepped in. Meanwhile, Ethereum (ETH) trades at $3,337, gaining 0.72% over the past 24 ￰21￱ the small rebound, ETH continues to hover near monthly lows after a steep correction earlier this week. A recovery above $3,400 could pave the way toward $3,600–$3,750, while failure to hold above $3,300 may expose the token to a further drop toward $3,150 or even $3,000. Traders are watching macroeconomic cues, including the ongoing ￰22￱ shutdown and Fed rate expectations, as potential catalysts that could shape short-term momentum in both Bitcoin and Ethereum.

Meanwhile, market sentiment continues to deteriorate , with the CMC Crypto Fear and Greed Index dropping to 21, signaling “Fear.” The index stood at 24 yesterday, 31 last week, and 62 a month ago, marking a sharp shift from a previously “Greedy” environment to deep ￰23￱ US Bitcoin spot ETFs saw a strong rebound on November 6, recording $240.03 million in total net inflows, according to data from ￰24￱ inflows across all Bitcoin ETFs now stand at $60.52 billion, with total net assets reaching $135.43 billion, representing 6.73% of Bitcoin’s total market ￰25￱ total trading volume for the day came in at $4.77 billion, reflecting steady institutional participation despite recent market ￰26￱ individual funds, BlackRock’s IBIT led the day’s inflows with $112.44 million, followed by Fidelity’s FBTC with $61.64 million and Ark & 21Shares’ ARKB adding $60.44 million.

Bitwise’s BITB also posted $5.5 million in net inflows, while Grayscale’s GBTC remained flat for the day. Likewise, spot Ethereum ETFs saw moderate inflows on November ￰27￱ individual funds, BlackRock’s ETHA led the inflows with $8.01 million, followed by Fidelity’s FETH with $4.95 million and Bitwise’s ETHW adding $3.08 ￰28￱ net inflows now stand at $13.91 billion, with total net assets reaching $21.75 billion, representing 5.45% of Ethereum’s total market ￰29￱ day’s total trading volume came in at $1.62 billion, reflecting steady participation across major issuers.

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