Bitcoin Drops Below $100,000 – Market Info

Over the past two weeks, the cryptocurrency market has continued its correction. The total market capitalization of the crypto market fell by 6% during this period and is currently at €2.97 trillion. Bitcoin’s dominance increased from 59.8% to 60.7%.

The Crypto Fear & Greed Index reached its three-month low on Tuesday (November 4), dropping to 21 out of 100. The Altcoin Season Index declined to 39 points, its lowest level since early August 2025.

Source: Coinmarketcap

Bitcoin Drops Below $100,000

Bitcoin briefly fell below the $100,000 mark on Tuesday, triggering some panic in the community about future developments and whether the bull market will continue. Despite this, data suggests that the drop was a welcomed buying opportunity for many investors. The latest on-chain analyses show that so-called accumulation wallets—addresses that consistently buy and never sell—took advantage of the dip aggressively.

These wallets purchased a record 375,000 bitcoins over the past 30 days, marking the highest monthly inflow in history. On Tuesday alone, when the price fell below the psychological $100,000 level for the first time since June, they added another 50,000 BTC to their holdings. This growth indicates that, despite slowing demand in the broader market, there is a group of investors who remain highly active and react almost immediately to price drops. The monthly average purchases of these addresses have more than doubled in less than two months, from 130,000 to 262,000 BTC, indicating an accelerating accumulation trend.

Spot Bitcoin ETFs in the U.S. likely play a role in this as well. Although several ETFs have seen capital outflows in recent days, analysts note that overall, these products may further support the accumulation trend. The only exception on Tuesday was BlackRock’s largest ETF, IBIT, which neither bought nor sold.

From a market behavior perspective, traders see the situation as far from extreme. Historical data show that the current correction, roughly 21% from the peak, falls within normal cycle parameters. In previous periods, typical declines from historical highs ranged between 20–25%, occasionally reaching 30%. The current developments thus do not represent a significant anomaly, and the long-term market structure remains intact according to analysts.

While retail sentiment appears nervous, the behavior of large, long-term buyers suggests the opposite—drops are seen as a normal part of the market cycle and are used to significantly expand portfolios. This contrast between short-term emotions and long-term strategy is one reason why large accumulation addresses are considered one of the most reliable signals in on-chain analysis. Source

Whale That Predicted the Drop Turns the Tables

The crypto market has experienced turbulent weeks, and one of the most well-known whales is once again drawing attention. HyperUnit—a trader who accurately predicted the October crash caused by U.S.-China tensions—has opened a new long position. After earning roughly $200 million on shorts (bets on decline) during last month’s market drop, HyperUnit is now betting on the opposite. This time, the whale is investing $55 million in Bitcoin and Ethereum growth.

Analysts at Arkham report that the whale opened a $37 million long position on Bitcoin and another $18 million on Ethereum via the decentralized derivatives exchange Hyperliquid. This is a significant move, coming at a time when market sentiment remains tense and many investors are still fearful of future developments. Bitcoin is trading around $100,000 and Ethereum around $3,300, both noticeably below their all-time highs.

HyperUnit, however, is no newcomer. Active in crypto for at least seven years, the whale bought $850 million worth of Bitcoin during the 2018 bear market, which later grew to a value of $10 billion. Its last three major trades were profitable, raising the question of whether the fourth will follow suit.

The current market drop is largely driven by long-time Bitcoin holders—so-called OG whales—cashing in part of their gains. Representatives of asset management firms note that even investors with extremely long horizons find it psychologically challenging to watch hundreds of millions in paper profits disappear during corrections. Over the past month, estimates suggest that more than 400,000 BTC were sold by long-term holders.

Nevertheless, there are signs that the market may be near a bottom. Analytical data show that the amount of Bitcoin available on exchanges is decreasing, reducing the risk of further massive sell-offs. When coins are held off exchanges, investors typically have no intention to sell. HyperUnit may have once again captured a moment when the market is preparing for a reversal. Source

U.S. Government Shutdown Impacts Financial Markets

Financial markets in the United States are under growing pressure due to the ongoing government shutdown, which is affecting not only federal institutions but also broader economic sentiment. Continuous delays in budget negotiations are causing investor anxiety, reflected in increased volatility across equities and crypto markets and capital flows into safer assets, such as government bonds.

The shutdown blocks many non-essential government operations and disrupts services that normally support various industries—from transportation and logistics to administrative support for businesses. The longer the interruption lasts, the greater the cumulative damage. Companies report delayed permits, halted processes, and increased planning uncertainty. In addition to thousands of federal employees without pay, contractors and smaller companies dependent on public contracts are also affected.

Investors are monitoring the situation closely. Markets react sensitively to any signs of progress in negotiations, but there is currently no clear path to a quick resolution. Financial institutions and analysts warn that a prolonged shutdown could slow the economy in Q4 and negatively impact consumer confidence, a key driver of U.S. economic growth.

In recent days, initial signs have emerged that investors are reducing exposure to risky assets. Trading volumes are declining, while moves into defensive sectors are increasing. Some funds warn that if the situation is not resolved in the coming weeks, volatility could intensify further.

Global markets may also be affected. The United States plays a crucial role in international trade, so any prolonged public finance issue has the potential to spread uncertainty to Europe and Asia. Foreign investors are closely monitoring federal institutions, the quality of data reporting, and the U.S.’s ability to perform basic economic functions.

Overall, the market is in a period of uncertainty, which is likely to persist until lawmakers reach an agreement. Until then, volatility is expected to remain elevated, and investors will continue operating cautiously in a defensive stance. Source

Solana ETFs Show a Strong Start

Solana has recently seen a significant inflow of institutional capital, as spot ETFs focused on SOL had an exceptionally strong debut. More than $400 million flowed into these funds in the first week, demonstrating growing interest from major investors in Solana. The largest portion of capital went to the Bitwise ETF, quickly becoming the main Solana product in the U.S. market with hundreds of millions in assets under management. This has positioned Solana among the fastest-growing crypto ETP products globally.

Despite positive institutional sentiment, SOL’s price has faced adverse developments from broader market factors. SOL dropped over 19% this week, reaching $148—the lowest level since early July—breaking a 211-day uptrend that had persisted since April. Solana now trades in a zone with historically weak support and has fallen below three key moving averages: 50-day, 100-day, and 200-day.

Despite the price drop, Solana remains in focus among investors and analysts, who emphasize that strong ETF interest signals long-term confidence in the ecosystem. Experts note that the capital inflow to ETFs could help stabilize the market in the coming weeks, as it is clear evidence that institutional players see Solana as a major alternative to Ethereum.

Bitwise data suggest that an additional billion-dollar inflow could significantly impact SOL’s price—potentially contributing to a more than 30% increase. The growing availability of regulated investment products like ETFs lowers barriers for institutional investors who previously could not access Solana through regulated vehicles.

While some market participants track short-term price fluctuations, long-term factors—such as institutional interest, high trading volumes, and ecosystem development—remain key reasons for optimism. The next few days and weeks will show whether ETF inflows can reverse negative sentiment and restart the upward trend. Source

Ripple Secures $500 Million Investment

Ripple, a leading U.S.-based company in blockchain payment solutions, has successfully closed a new $500 million funding round. The company was valued at $40 billion, marking one of the largest capital inflows into the crypto infrastructure sector in 2025.

The round was led by prominent traditional finance entities—including funds connected to Fortress Investment Group and Citadel Securities—highlighting growing interest from established financial institutions in technologies that can streamline global payments. Other participants include Pantera Capital, Galaxy Digital, Brevan Howard, and Marshall Wace, all long-time observers of opportunities in the blockchain sector.

In recent months, Ripple has expanded its operations in institutional custody of digital assets, wallet management, and infrastructure for secure digital transactions. The company has also made several acquisitions aimed at strengthening its technological base and providing financial institutions with more comprehensive crypto solutions.

Ripple aims to connect existing financial systems with blockchain in a way that enables faster, cheaper, and more transparent cross-border settlement. The new capital is intended to accelerate the integration of these services into U.S. banks and financial institutions seeking reliable infrastructure for digital assets.

Analysts view this as another signal that collaboration between traditional financial firms and blockchain providers continues to grow. For Ripple, the investment strengthens its market position and confirms that demand for modern blockchain-based payment solutions continues to rise. Source

Fed Cuts Interest Rates but Raises Investor Uncertainty

The U.S. Federal Reserve (Fed) implemented its second consecutive interest rate cut at the end of October, lowering the benchmark rate to a range of 3.75%–4%. While markets initially reacted positively, Fed Chair Jerome Powell subsequently fueled uncertainty by questioning the likelihood of another cut in December.

The decision was accompanied by the announcement that the Fed will end quantitative tightening (QT) on December 1. QT is the process by which the central bank reduces its bond holdings to withdraw liquidity from the market. Since 2022, QT has reduced the Fed’s balance sheet by roughly $2.3 trillion, but further reductions could disrupt short-term lending markets.

FOMC voting revealed significant internal differences. Two members voted against the rate cut—one favored a more aggressive 0.5% reduction, while the other preferred keeping rates unchanged. Powell later confirmed that sentiment within the Fed is growing that additional easing may not be immediately necessary.

The Fed’s communication is further complicated by the fact that most macroeconomic data is currently unavailable due to government restrictions on data collection. The central bank is relying on limited indicators, including the latest 3% inflation rate and signs of labor market cooling. The Fed noted that employment-related risks have increased in recent months.

Ending QT and further rate cuts could have a major impact on financial markets. Historically, stock indices have risen in easing environments, but the Fed must also monitor inflationary pressures, particularly as recent price increases were driven by energy costs and tariffs raising input costs.

Currently, the Fed is balancing support for the labor market with inflation control, leaving December open, with a definitive decision to be made after new economic data. Source

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