Bitcoin (BTC) was trading around $103,744 this November 6, 2025. The leading asset is consolidating its market dominance. However, this move has caused a disparate performance of altcoins, with many tokens suffering selling pressure. Operators, according to market data, are intensifying hedging strategies to limit losses.
Author: ethan
ethan
Ethan focuses on altcoins and emerging blockchain ecosystems, covering new projects, sector expansion, and shifting narratives across the crypto landscape. His work looks at how ecosystems grow and interact, beyond short-term price movements. He regularly contributes context on Layer 1 developments and Web3 or DeFi trends connected to broader ecosystem growth.
President Donald Trump praised cryptocurrencies, stating they “take a lot of pressure off the dollar.” His remarks occurred on November 5 during the America Business Forum in Miami. Trump contrasted his approach of “ending the war on crypto” with the previous administration’s stance. However, this endorsement exposes a deep paradox between Bitcoin and the dollar, as market data shows a historically inverse correlation.
Zcash (ZEC) has surged dramatically this cycle and is now targeting a retest of the US$ 500 level — a price point it hasn’t visited in almost eight years. With renewed interest in privacy coins, institutional flows and narrative momentum, the project stands at a critical inflection point.
BNB stayed above $950 as traders actively defended a key support during a broad market pullback. This stability at that level is relevant because it conditions investor confidence, order book liquidity, and short- and medium-term strategies for institutional and retail participants.
Aster (ASTER) has shown remarkable resilience, managing to reclaim the $1.00 psychological threshold this November 5th. The asset is currently trading at $1.01, showing stability after weeks of high volatility. Recent data from the Santiment platform reveals this firmness is no accident. The price is being supported by strong ASTER whale accumulation, signaling renewed institutional confidence in the project’s future.
The price of HBAR (Hedera) is in an intense “tug-of-war” this November 5th, holding within a tight range between $0.16 and $0.20. The asset has seen monthly losses of 21%. However, technical analysis reveals contradictory signals. While a long-term bearish trend looms, on-chain data shows growing HBAR whale accumulation.
The cryptocurrency market suffered a severe pullback this November 5th. Bitcoin (BTC) lost the key psychological support of $100,000. The crash was driven by a massive Bitcoin whale sell-off. Markus Thielen of 10x Research described the situation as an “exodus” that unbalanced the market.
FTX withdrew its proposal to restrict or cancel refunds to creditors across 49 jurisdictions after a strong reaction from noteholders. The decision affects an estimated $800 million in claims and, because the motion was withdrawn “without prejudice,” it could be refiled, keeping thousands of affected parties on edge.
BNB fell below $950 in a session marked by a wave of selling that deepened market losses. Privacy coins recorded relative gains during the downturn, contrasting with broader weakness. The move affects traders, issuers of tokens linked to BNB, and users with exchange exposure, reducing the ecosystem’s reference value and pressuring liquidity and leveraged strategies.
Bybit EU is prioritizing credibility within the MiCA framework, according to a strategy shared by Mazurka Zeng that engages operators, institutional clients and European regulators. The announcement emphasizes alignment with the new regulatory ecosystem and mitigation of reputational risks, factors that directly affect market access and user trust.