Bitcoin Drops To $103,000 And Altcoins Bleed Heavily In Market Decline

Cryptocurrency, Business, Finance, Money, Wealth, Gold

Image Source: Pixabay


This Week’s Summary

  • The cryptocurrency market looks set to end the week at a total market capitalization of approximately $3.49 trillion.
  • Bitcoin’s trading value decreased to around $103,500 following a rather negative week.
  • Ethereum lost nearly 9% to trade at around $3,500.
  • XRP moved down 7%, Solana moved down 12%, and Dogecoin moved down 3%.
  • Almost all altcoins have been seen trading in the red, though there are some exceptions to note.
  • The DeFi sector saw total value locked (TVL) decline to about $134 billion.


Crypto Trends for the Week of Nov. 3-9, 2025: Market Analysis and Performance

The cryptocurrency market has continued its sharp decline, as most cryptocurrencies have recorded double-digit losses. The bulls have seemingly been sleeping despite significant and positive changes in international politics and global finances.

As investors have rotated liquidity out of the cryptocurrency market and into stocks and commodities, the downtrend has continued. As a result, the market capitalization lost over $210 billion, reaching $3.49 trillion.

Bitcoin was flying high above the $120,000 level a few weeks ago. However, over the past few days, it was dangerously close to dropping below the $100,000 mark for the first time in six months. The king of cryptocurrencies traded as low as $101,000 on Wednesday due to massive liquidations. In the meantime, a slow push from traders buying the dip pushed it a bit higher, above $100,000.

Ethereum has shelved its dreams of reaching $5,000 for the time being. The second cryptocurrency in command has more recently hovered around $1,500 away from its ambitious goal. This situation has stemmed from a consistent drop in investments and adoption.


Altcoins & DeFi

Most altcoins have been seen trading in the red, though there are notable exceptions. For example, XRP moved down 7%, Solana moved down 12%, Cardano moved down 5%, Avalanche moved down 3%, Sui moved down 9%, Chainlink moved down 8%, and TRON moved down 2%. On the other hand, ZCash moved up by 56%.

The memecoins have also shifted in interesting ways in recent trading. For instance, Dogecoin moved down 3%, Shiba Inu moved down 1%, and Pepecoin moved down 7%.

The Metaverse sector also witnessed some notable movements over the past week. For instance, Axie Infinity moved down 1%, The Sandbox moved up 1%, and Floki moved down 8%. Meanwhile, Decentraland moved up 3%, Render moved up 8%, and ApeCoin moved down 1%. Additionally, Stacks decreased by 1% and MultiversX increased by 5%. Meanwhile, Virtuals dropped by 16%.

The DeFi sector lost nearly $16 billion from the total value locked in protocols (TVL), bringing the total to about $134.15 billion.


What’s in the News?

  • DeFi project Balancer was hit with a massive $128 million hack this week.


Next Week’s Crypto Market Forecast

The cryptocurrency market has been struggling to recover, despite better financial conditions worldwide. Bitcoin survived a huge scare, but it has only remained vulnerable. Meanwhile, the altcoins can only hope their losses will reduce in the coming weeks. The overall market sentiment has remained negative.


About the Author

Born and raised in Romania, and currently living in Spain, Iulian discovered a knack for writing from a tender age, and he even won some minor awards for fiction that didn't pay much.

Iulian became a content writer in 2011, and he is still doing it to some degree of success today. He is currently specialized in cryptocurrencies, technology, online marketing, and social media. In his free time, Iulian likes reading, traveling, and watching sports. His dream is to see Bitcoin reach $100,000 just so he can tell his friends “I told you so."


More By This Author:

Bitcoin Drops To $110k After Another Market Dip
Bitcoin And The Altcoins Recover Slightly Amid Market Revival
Extreme Volatility And FUD Push The Market Further Into The Red

Disclaimer: The information provided by Block Adventure SRL or Crypto Adventure (“we,” “us,” or “our”)  on  more

How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.