Crypto Market Today [Live] Updates On November 7,2025: BTC/USD,XRP Price,ETH Price

Bitcoin is back at $100,000, just as outlined in 10x Research’s recent Bear Market Watch report. While many investors were blindsided, premium subscribers were already positioned for this move.The report details whether this rebound signals a buying opportunity or more downside ahead. With each 10% Bitcoin swing equating to a $10,000 shift per $100K position, timing is everything. Smart positioning and data-driven insights remain key to outperforming in volatile crypto markets

According to CryptoQuant, institutional crypto treasuries are under pressure following the recent market downturn. Evernorth has accumulated 388.7M XRP worth ~$947M just 2.5 weeks ago — now valued at ~$868M, marking a $79M unrealized loss. Meanwhile, Bitmine added 442,000 ETH since the Oct. 10 crash but sits on a $2.1B paper loss.

The real driver of Bitcoin’s so-called 4-year cycle isn’t the halving — it’s liquidity and the U.S. business cycle. Each expansion phase in the business cycle injects fresh capital into markets, fueling Bitcoin’s rise toward its blow-off top. When economic growth peaks and liquidity tightens, Bitcoin typically forms its cycle top. In short, Bitcoin follows the rhythm of macro liquidity, not the halving calendar.

The year-end outlook for risk assets remains mixed but tilts bullish post-November. A potential U.S. government shutdown keeps markets cautious until resolved — a deal could trigger a +5% Bitcoin rally within 48 hours. The December FOMC may stay hawkish, though a new Fed Chair nomination before then could spark optimism. Tax-loss selling in crypto through late December adds pressure, but a favorable Supreme Court tariff ruling could lift sentiment. Looking ahead, 2026’s first half appears strongly bullish, supported by easier fiscal and monetary policies.

Over $125 billion in leverage has been liquidated this year alone — capital that could’ve fueled a true Altseason if it had gone into spot assets instead. Thin liquidity, cascading liquidations, and relentless selling pressure have crippled the market’s ability to rally. If that capital had flowed into real holdings, the crypto market cap could be $5–6 trillion today. The message is clear — leverage destroys, spot HODL builds.

Kazakhstan is setting up a national cryptocurrency reserve fund valued between $500 million and $1 billion, according to Bloomberg. The fund will be partly backed by seized or repatriated assets and will focus on ETFs and crypto-related companies rather than direct crypto holdings. Expected to launch by early 2026, the initiative positions Kazakhstan as a key emerging player in global digital asset investment.

Bittrex’s bankruptcy filings uncovered over $500 million in questionable transactions, including duplicate withdrawals and records on inactive blockchains — raising concerns over inflated customer balances. Analysts suggest these entries may have been fabricated to distort creditor claims. The exchange, already facing multiple compliance penalties, filed for bankruptcy in 2023, marking one of the most troubling collapses in crypto exchange history.

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The 4th batch of the $45M Reload Airdrop is complete! A total of 6,717 $BNB (worth $6.4M) has been distributed to 31,425 wallets. So far, the ongoing airdrop by @BNBCHAIN and @four_meme_ has rewarded 151,419 wallets with 29,000 $BNB (worth $27.6M) across four batches — bringing the campaign closer to its full $45M target.

Interest rates sitting near 4% keep liquidity tight and capital costly. When rates rise, markets contract — innovation slows, valuations fall, and risk appetite fades. But when rates drop, liquidity expands and new capital chases yield and innovation. Crypto, being pure liquidity beta, surges first in these cycles. The key? Watch interest rates. They’re the gravity of money — when it lightens, assets like Bitcoin and tokenized real-world assets rise fastest.

Alert systems flagged suspicious activity involving a DIMO Network admin wallet, which upgraded proxy 0x07C64bd1B23b7C9B0ABf80b8613f58e5B00ED5dD and withdrew 30 million $DIMO tokens. The tokens were reportedly sold for around $40,000, triggering community concern over possible misuse of admin privileges. Investigations are underway as on-chain trackers monitor the movement of funds and assess potential internal security lapses within the DIMO ecosystem.

South Korea’s largest exchange, Upbit, is seeing a surge in XRP trading dominance, with the token leading all pairs — capturing 15.09% of total volume ($387 million). XRP has outperformed both Bitcoin (BTC) and Ethereum (ETH), maintaining strong momentum even as overall market volume fell by 49%. This resilience highlights XRP’s growing demand among Korean traders and its firm hold in one of Asia’s most active crypto markets.

Binance’s latest Proof of Reserves (PoR) report confirms robust asset security across major cryptocurrencies. USDC leads with a 133.79% ratio, followed by BNB at 112.95%, and FDUSD at 111.72%. Bitcoin’s reserve ratio stands solid at 102.11%, and Ethereum and Solana are fully backed at 100%. The data highlights Binance’s continued transparency and overcollateralization, ensuring user funds are backed — and in most cases, oversecured — across multiple assets.

The Pi Network community is buzzing with anticipation as the project prepares to roll out its latest interface update, signaling a major breakthrough in its development. Far from a routine bug fix, this update is seen as a strong indicator of the network’s imminent Mainnet V23 launch. The upgrade promises a more stable, seamless, and decentralized ecosystem — a key milestone that could finally bring Pi Network closer to realizing its long-awaited vision of mainstream blockchain adoption.

Within just three days, two stablecoins each worth over $500 million lost their peg, trapping traders who tried to buy the dip. The panic quickly spread to Ethena’s synthetic stablecoin USDe, whose market cap plunged from $14.8 billion to $8.7 billion — and continues to fall. Notably, CoinMarketCap has removed the K-line data showing the depegging, though CoinGecko still displays the dramatic collapse, capturing one of the most volatile moments in stablecoin history.

Google is integrating Kalshi and Polymarket data into Google Finance, letting users see real-time prediction odds for questions like “Will the Fed cut rates in December?” directly in search. The update will display live probabilities and trend charts. Kalshi, a CFTC-regulated exchange, focuses on policy outcomes, while Polymarket, built on blockchain, covers global topics. The move adds a new layer of AI-driven insights, making future expectations as trackable as stock quotes or economic data.

Terraform Labs founder Do Kwon is expected to serve roughly four more years in a U.S. prison, but his legal troubles won’t end there. Once his American sentence is complete, he will likely be extradited to South Korea, where prosecutors and victims are preparing additional charges that could add decades to his jail time. Kwon’s case highlights the growing risks faced by international crypto scammers, who now face accountability across multiple jurisdictions.

FTX’s legal counsel and advisors are facing sharp criticism for billing every hour since November 2022, according to court payment records. John J. Ray III praised his team for “no breaks, no holidays, not even weekends,” while investors call it blatant overbilling. With total fees exceeding $2.5 billion, the FTX case is shaping up to be a cautionary tale of how legal bureaucracy can drain estate funds faster than recovery efforts rebuild them.

John J. Ray III admitted to placing FTX EU and FTX Japan into bankruptcy without board approval, actions now facing legal threats from local regulators and former employees. The Swiss court reportedly challenged the legality of the filings, prompting Ray to sell FTX EU back to employees and grant himself a legal release. Similar disputes are emerging in Japan, where former staff allege the estate is misusing assets to suppress whistleblowers.

In a biting, satirical moment during his court remarks, John J. Ray III mocked the chaotic recovery process, comparing FTX’s asset hunt to a game of “whack-a-mole.” He referenced billions in lost or mismanaged funds, including $10B in Robinhood assets, $5B in Solana, and $1.8B from Anthropic shares sold against committee wishes. Critics say Ray’s tone underscores growing frustration with FTX’s handling of recoveries and questionable sales of high-value assets.

During FTX’s ongoing legal battles, CEO John J. Ray III admitted to approving a $42 million personal bonus and $1 million payments to board members who sanctioned it. The revelation has sparked outrage among creditors and investors, many of whom view the payouts as excessive amid ongoing losses. Ray defended his compensation, claiming it reflected “extraordinary effort” in managing the most complex bankruptcy in U.S. financial history.

At FTX founder Sam Bankman-Fried’s appeal hearing, current CEO John J. Ray III appeared to defend allegations of gross misconduct and the destruction of over $130 billion in estate assets. Ray acknowledged that FTX’s bankruptcy process has cost over $2.5 billion in fees, calling it “the most expensive bankruptcy ever.” Critics argue Ray’s leadership kept a “perfectly solvent” company under Chapter 11, raising questions about the true state of FTX’s finances and his motives.

Bitcoin’s technical structure has flipped bearish after losing crucial support, signaling potential downside ahead. The price is rejecting the Fair Value Gap (FVG) zone, confirming weakening momentum and fading bullish control. Analysts suggest a high probability of $BTC filling the FVG and extending the drop toward $83,610. However, a decisive reclaim above $116,400 would invalidate this bearish outlook and restore optimism in the short term.

JPMorgan analysts expect Bitcoin to climb to around $170,000 within the next 6 to 12 months. They believe the recent 20% market correction and leverage reset have set the stage for renewed upside. The bank highlighted improving volatility metrics compared to gold and said recent turbulence — including record futures liquidations on October 10 and the $120 million Balancer exploit — reflects a healthy market reset before Bitcoin’s next potential surge.

Galaxy CEO Mike Novogratz believes the crypto market’s current sluggishness is a natural cooldown after a long bull run. He noted that many long-term holders are diversifying their portfolios, which could pressure prices in the short term but strengthen the market over time. Novogratz added that the market hasn’t yet reached its cycle top, and a more dovish Federal Reserve chair later this year could trigger the next major rally.

Japan’s Financial Services Agency has approved a pilot project where MUFG, SMBC, and Mizuho will jointly issue a yen-backed stablecoin. As the first initiative under the Payment Innovation Project (PIP), the program aims to test the legal and operational feasibility of issuing stablecoins across multiple banks. The experiment, set to begin in November 2025, marks a major step toward Japan’s integration of blockchain technology into its traditional financial system.

Bloomberg Senior ETF Analyst Eric Balchunas revealed that Bitwise has submitted an 8(a) form for its Spot Dogecoin ETF. The filing serves as an automatic effectiveness application to U.S. securities exchanges, meaning the ETF could be automatically approved for listing if the SEC does not act within 20 days. This move signals growing institutional interest in Dogecoin and could mark a major milestone for meme coin adoption in regulated markets.

According to @EmberCN, Tether’s BTC reserve wallet withdrew 961 BTC (worth $97.18 million) from Bitfinex, likely signaling a dip-buying move. The wallet, which accumulates Bitcoin using 15% of Tether’s profits since 2023, now holds 87,296 BTC valued at $8.84 billion—making it the 6th largest Bitcoin wallet globally. Based on withdrawal prices, the average cost per BTC stands at $49,121, giving Tether an unrealized profit of roughly $4.55 billion.

In a landmark decision, India’s High Court has officially recognized Bitcoin and other cryptocurrencies as legal property. The ruling states that crypto assets can be owned, held in trust, and protected under existing laws. This move grants investors legal protection and ensures greater accountability for crypto exchanges operating in the country — marking a major step toward regulatory clarity and mainstream adoption of digital assets in India.

The U.S. Supreme Court is expected to rule soon on President Trump’s tariffs, with increasing odds that the measures could be struck down. Such a ruling might trigger massive refunds to affected businesses, impacting financial markets. Meanwhile, major institutions like JPMorgan and Charles Schwab are turning bullish on Bitcoin, forecasting stronger demand than gold by 2026. Trump has reiterated Bitcoin’s importance to the U.S. economy, calling it “vital to the financial system.”

Robinhood is reportedly considering adding Bitcoin to its corporate treasury, signaling growing institutional confidence in crypto. The move follows a robust Q3 performance, with overall revenue doubling and crypto revenue soaring 300% year-over-year. By holding Bitcoin as a strategic asset, Robinhood aims to strengthen its balance sheet and align with a broader shift toward digital assets. Analysts say this could further legitimize Bitcoin adoption among mainstream financial firms.

New York City’s newly elected mayor, Zohran Mamdani, has proposed a controversial Bitcoin tax requiring all residents to contribute a portion of their holdings. His broader socialist agenda—featuring city-run grocery stores and race-based property taxes—has drawn sharp criticism. While supporters hail it as a push for economic equality, critics fear it could spark an economic decline, drive businesses away, and damage the city’s status as a global financial hub.

November’s market action shows renewed investor confidence as Bitcoin rebounds sharply from bear-market lows, holding key support above $100K. Stocks and gold have also surged, while bonds slipped. Traders are closely watching technical indicators, including Elliott Wave patterns, to anticipate Bitcoin’s next move. With new crypto listings and futures products adding liquidity, market sentiment remains cautious yet optimistic heading into the final weeks of 2025.

The crypto market is buzzing as Alchemix ($ALCX) and Sapien ($SAPIEN) record massive price surges, attracting short-term traders hoping to capitalize on quick gains. Analysts warn that while the hype fuels strong momentum, frequent retracements and potential rug pulls make these assets highly risky. Meanwhile, privacy coins like Zcash ($ZEC) and Dash ($DASH) are gaining ground amid renewed interest in digital privacy, dividing investors between chasing profits and managing risk.

The U.S. government shutdown is bleeding liquidity at a rate of $15 billion per week, with over $75 billion already drained from the economy. Traditional markets are showing clear signs of stress, and Bitcoin ($BTC) is reacting swiftly to the tightening conditions. Our trading models flagged this shift early — a major market update is coming before the next big move.

The Federal Reserve entered a severe quantitative tightening (QT) phase at the end of summer to curb inflation — a typical move to drain excess liquidity. However, with the U.S. government shutdown halting major spending, the usual balancing flow of cash back into the economy has stalled. As a result, liquidity continues to tighten sharply, visible in data trends where the line just keeps climbing upward, signaling growing financial strain.