Crypto Market Pulse — November 2025

The crypto market held steady in the last 24 hours, with total capitalization around the $3.0T range and only minor net change. Bitcoin and most altcoins traded in narrow ranges as investors awaited clear catalysts from the macro side. Trading volume remained moderate (~$150B), signaling a consolidation phase rather than an aggressive move.

24h at a Glance

• Total Market Cap: $3.02 Trillion (24h Δ +0.1%)
• BTC Dominance: 56.8% (Δ ~0%)
• ETH Dominance: 11.2% (Δ ~0%)
• Spot Volume (24h): $150B
• Market Breadth (Top 100): ~52 advancers vs ~48 decliners

Some sources may report slightly different values due to data timing and methodology.

Why the Market Moved

• Macro/Flows: U.S. Treasury yields ticked up, leading to modest risk-off sentiment. Crypto moved in step with equities as traders awaited Fed guidance. Bitcoin ETFs saw only modest inflows, so the overall effect on prices was muted.
• Crypto Catalysts: No blockbuster news items emerged. Ethereum remains in focus ahead of its upcoming protocol upgrades, which supported ETH and Layer-2 altcoins. Otherwise, markets seemed to digest the status quo—some routine exchange listings and partnership announcements helped selected tokens but did not move the entire market.
• Idiosyncratic: There were no major hacks, exchange outages, or regulatory shocks today. Volume held near its recent average (~$150B), indicating that traders are consolidating positions. In absence of a big news event, price action was driven by technical levels (e.g. Bitcoin support around $84–86K) and broad sentiment.
• Sentiment/Breadth: The roughly equal number of gainers and losers suggests a neutral backdrop. With market breadth nearly balanced, short-term trends are unclear—crypto is essentially in a wait-and-see mode until clearer drivers emerge.

Sectors & Movers

• Bitcoin & Market Sentiment — Bitcoin traded near $85–86K, consolidating after last week’s dip. Mixed macro cues kept BTC range-bound: higher yields pressured it slightly but steady ETF demand provided support. It showed resilience, ending the day roughly flat.
• Ethereum / Layer-2 — Ethereum held around $2.8K, with a mild uptick as interest in its ecosystem picked up. Activity on Layer-2 networks (Arbitrum, Optimism) remained robust, giving altcoins in that space a boost. DeFi-related tokens on Ethereum (Uniswap, Aave, etc.) were mostly steady amid on-chain usage remaining stable.
• DeFi & Stablecoins — The DeFi sector saw little net change. Core lending and AMM tokens traded in narrow ranges, reflecting steady borrowing demand and liquidity. Stablecoin supplies were flat, with no sudden mint/burn events, which kept the overall DeFi narrative neutral.
• Memecoins & AI Crypto — Speculative sectors saw some rotation. Meme tokens (Shiba Inu, Dog-themed altcoins) began to recover as retail interest returned, though absolute levels are moderate. AI-related crypto projects also ticked higher on ongoing hype around artificial intelligence, but these moves were relatively isolated and short-lived.
• Large-Cap Movers (≥ $5B): Polkadot (DOT), XRP, Solana — Polkadot led large-cap gains, jumping double-digits after launching a major new parachain feature. XRP traded up modestly amid news of new banking partnerships and the perception of clearer regulatory outlook. Solana edged higher after recent network upgrades eased congestion; developers highlighted rising NFT and DeFi usage on its chain.
• Mid-Cap Movers (≥ $500M): Arbitrum (ARB), Shiba Inu (SHIB), Avalanche (AVAX) — Arbitrum’s token rallied on a high-profile exchange listing and strong Layer-2 adoption. Shiba Inu spiked on renewed meme-coin exuberance (and token burn announcements within its ecosystem). Avalanche gained as developers launched new DeFi dApps and promotional incentives, briefly boosting on-chain activity.

What It Means

• Opportunity: The current consolidation offers possible entry points. Bitcoin and Ethereum are near key support zones after recent pullbacks, which could be attractive for long-term investors. Smaller dips in blue-chip altcoins may also provide a chance to accumulate quality assets at slightly discounted prices if the broader recovery thesis holds.
• Risk: Uncertainty remains high. Lack of follow-through on today’s modest rally suggests any negative surprise (e.g. hawkish Fed news or disappointing economic data) could trigger renewed weakness. Speculative sectors (memes, AI tokens) are especially vulnerable to rapid reversals if market sentiment sours.
• Regime: The tape looks choppy. Tiny net movement, balanced breadth, and average volume point to a sideways market. This is neither a strong bullish surge nor a panic-driven sell-off. In such conditions, trend-following strategies can struggle, and volatility may stay elevated.

Invest or Wait?

Crypto is volatile. This overview is informational only. Always do your own research and consider your risk tolerance.

Bottom Line

The market is effectively in neutral. After a brief spike, crypto prices have stalled near current levels, awaiting fresh catalysts. In the near term, expect range-bound trading and continued volatility until clearer macro or crypto-specific news provides direction. Long-term opportunity remains, but patience is warranted in this choppy phase.