Crypto Markets Rattle: Why Altcoins Are Bleeding More Than Bitcoin This Week
Global Crypto Market Update: Market Pullback Deepens as BTC, Altcoins Face Renewed Pressure
The global cryptocurrency market experienced intensified volatility today as traders reassessed risk exposure amid renewed economic uncertainty and growing sell-side pressure across digital assets. According to market data reviewed by hokanews, the total crypto market capitalization currently stands at $3.2 trillion, reflecting a 2.6 percent decline in the last 24 hours.
Daily trading volume climbed to $212 billion, signaling heightened activity as investors repositioned following sharp intraday swings. Bitcoin continues to dominate the market with a 57.1 percent share, while Ethereum holds an 11.4 percent dominance level.
The number of tracked cryptocurrencies now totals 19,433, underscoring the sector’s expanding breadth despite macroeconomic headwinds. Meanwhile, the strongest performers over the last session came from the Polkadot ecosystem and the XRP Ledger, both showing resilience compared to most major assets.
24-Hour Bitcoin and Ethereum Performance
Bitcoin, the world’s largest cryptocurrency, is currently trading at $91,809, marking a 3.39 percent decline over the past 24 hours. The asset’s daily trading volume remains substantial at $95 billion, with Bitcoin’s overall market capitalization standing at $1.83 trillion.
Ethereum, the second-largest digital currency, is changing hands at $3,023, falling 3.61 percent in the same period. Ethereum’s market capitalization sits at $364 billion, accompanied by $40 billion in daily trading volume.
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| Source: Forex Factory |
Both assets have been affected by a combination of macroeconomic pressures, including expectations of regulatory changes, liquidity tightening, and slowing institutional inflows.
Top Trending Coins in the Last 24 Hours
The following cryptocurrencies generated the most attention among traders:
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Bitcoin (BTC): Trading at $91,709, down 3.37 percent with $96.83 billion in volume.
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RCADE: Currently at $0.00001897, dropping 6.79 percent with $1.67 million in volume.
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Ethereum (ETH): Priced at $3,021, down 3.4 percent with $42.06 billion in trading volume.
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Solana (SOL): Trading at $131.74, falling 5.12 percent with $7.3 billion in volume.
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XRP: Valued at $2.14, losing 3.97 percent with $6.14 billion in trading volume.
The increased trading activity across these assets reflects both heightened speculative interest and widespread de-risking.
Top Gainers and Losers
Top 3 Gainers
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Internet Computer (ICP):
ICP surged 18.35 percent to $5.82, supported by a trading volume exceeding $643 million. Analysts attribute the rise to ecosystem upgrades and renewed developer activity. -
Filecoin (FIL):
FIL jumped 9.12 percent to $2.14, posting $594 million in daily trading volume. Market optimism around decentralized storage continues to drive demand. -
Uniswap (UNI):
UNI gained 2.19 percent, trading at $7.44 with more than $1 billion in volume. The uptick comes amid growing discussions on automated market maker (AMM) regulation and liquidity provider incentives.
Top 3 Losers
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Starknet (STRK):
STRK fell 18.14 percent to $0.1774, with a trading volume of $487 million. The drop reflects broader concerns over layer-2 token inflation schedules. -
Pump.fun (PUMP):
PUMP declined 16.86 percent to $0.002837, with $313 million in volume. The asset has shown extreme volatility following a surge of speculative trading. -
Zcash (ZEC):
ZEC fell 11.97 percent to $618.53, with trading volume surpassing $2 billion. Privacy-focused coins remain under pressure due to tightening regulatory scrutiny.
Stablecoins and DeFi Market Update
The stablecoin sector remains stable with a total market cap of $310 billion and $164 billion in trading volume. No major price movements were recorded, though liquidity rotation among top stablecoins has noticeably slowed.
The DeFi market cap stands at $115 billion, down 2 percent in the past day, with $8.7 billion in total value exchanged across decentralized platforms. DeFi’s overall dominance in the crypto market remains unchanged at 3.6 percent.
Market sentiment suggests that traders are shifting toward lower-risk digital assets as liquidity conditions tighten.
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| Source: Alternative Me |
Key Global Crypto News Today
1. El Salvador Expands Bitcoin Reserves by Over 1,000 BTC
El Salvador’s Finance Ministry confirmed the nation acquired 1,098 BTC this week, raising total holdings to 7,474 BTC, worth an estimated $685 million at current prices. This comes after the country accumulated 1,121 BTC over the past month, signaling continued commitment to Bitcoin as a strategic national asset.
2. BitMine Discloses $11.8 Billion in Crypto Assets
Mining giant BitMine Immersion revealed cryptocurrency holdings worth $11.8 billion, including 3.56 million ETH, representing approximately 2.9 percent of Ethereum’s total circulating supply.
Chairman Tom Lee said that while the market’s recent pullback is linked to shrinking liquidity, he expects the broader crypto sector to reach its next major peak within 12 to 36 months.
3. Strategy Adds $835 Million Worth of Bitcoin
Institutional player Strategy has added 8,178 BTC, valued at $835.6 million, boosting its overall holdings to 649,870 BTC. The company reported a 27.8 percent yield from its Bitcoin strategy this year, reflecting growing adoption among large financial entities.
4. Canada Pension Fund Enters MicroStrategy
The Canada Pension Plan Investment Board disclosed a new position in MicroStrategy during Q3 2025, acquiring 393,322 shares. Initially valued at $127 million, the stake is now estimated to be worth $80 million, reflecting the broader tech-sector decline.
5. Forward Industries Transfers 1.88 Million SOL to Coinbase Prime
On-chain data from Arkham Intelligence shows Forward Industries moved 1.88 million SOL, valued at $260 million, to a Coinbase Prime wallet. The purpose of the transfer remains unclear, with analysts debating whether it indicates potential sell-off action or routine account consolidation.
6. Coinbase Announces Listings for TON and Superfluid (SUP)
Coinbase confirmed it will list Toncoin (TON) and Superfluid (SUP), expanding trading options on the platform.
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SUP-USD trading begins November 17, 2025
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TON-USD trading begins November 18, 2025
Both listings will open after 9 AM PT, pending liquidity safeguards.
7. Vitalik Buterin Introduces New Privacy Framework
Ethereum co-founder Vitalik Buterin unveiled the Kohaku Privacy Framework at Devcon. The initiative, backed by the Ethereum Foundation, aims to provide modular tools enabling opt-in transaction privacy, potential integration with mixnets, and zero-knowledge browsing solutions.
8. White House Evaluates International Crypto Data Rules
The White House is reviewing the Treasury Department’s proposed implementation of the Crypto-Asset Reporting Framework (CARF). Officials confirmed that decentralized finance (DeFi) platforms will not face added reporting requirements. CARF, designed by the OECD, aims to combat offshore tax evasion and will roll out globally starting in 2027.
9. Cboe to Launch 10-Year Bitcoin and Ethereum Futures
The Cboe Futures Exchange announced plans to introduce 10-year continuous futures products for both Bitcoin and Ethereum on December 15, 2025. These cash-adjusted contracts aim to offer improved capital efficiency for institutional investors, while remaining under the oversight of the Commodity Futures Trading Commission (CFTC).
10. South Korea Prepares Major Digital Asset Regulatory Changes
At the Finternet 2025 summit, government advisor Harry Kim shared that South Korea intends to redefine “virtual assets” as “digital assets,” signaling a broader regulatory overhaul. The initiative is part of new government efforts to strengthen investor protections and expand retail participation.
Conclusion
The cryptocurrency market continues to navigate complex economic conditions, regulatory reforms, and shifting institutional strategies. While volatility remains elevated, trader behavior suggests a gradual rotation toward established assets and away from speculative altcoins. Market watchers expect price direction over the next several weeks to depend heavily on liquidity flows, upcoming macroeconomic decisions, and continued developments in global digital asset policy.
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