Crypto Market Pulse — November 2025

Crypto markets saw a modest uptick over the past 24 hours, driven by renewed risk appetite and a rotation into high-momentum altcoins. The overall market cap is slightly higher, with Bitcoin and Ethereum largely steady. Trading volume has rebounded, and breadth is roughly balanced across gainers and losers. Key sector plays in L2/blockchain upgrades and AI-related tokens led the advance.

24h at a Glance

• Total Market Cap: $3.30T (24h Δ +1.3%) (coinpaprika.com)
• BTC Dominance: ~59% (Δ ~0%)
• ETH Dominance: ~18% (Δ ~0%)
• Spot Volume (24h): $268B (coinpaprika.com)
• Market Breadth (Top 100): ≈55 advancers vs 45 decliners

Data from major aggregators show slight variation due to methodology differences.

Why the Market Moved

• Macro flows: Markets turned mildly risk-on. Bitcoin recaptured ~$91.9K (+0.8% in 24h (coinpaprika.com)) and Ethereum likewise held its level, suggesting steady institutional demand. US Treasury yields are range-bound, which helped lift crypto risk assets.
• Crypto catalysts: Ethereum layer-2s and AI-focused tokens led the rally. For example, the Starknet L2 token jumped ~28% on upgrade anticipation (coinmarketcap.com). The “AI Alliance” token (Fetch.FET) also surged ~8% as AI/ML hype spread in DeFi (coinmarketcap.com). Liquid staking plays (like Lido, Ether.fi) saw inflows amid steady staking demand.
• Idiosyncratic events: Specific projects traded on occurrences. Privacy tech underperformed – Monero fell ~11% amid regulatory scrutiny of anonymity networks. In contrast, tokens tied to major exchanges or NFTs (e.g. Cronos +11%) rallied on new listings and crypto-tainment trends. No major hacks or critical news were reported, keeping sentiment driven by trader positioning.

Sectors & Movers

• Ethereum & Layer-2s — Offshoot networks outperformed. Starknet (+28%) led gains on positive user growth and upgrade rumors (coinmarketcap.com). Other L2s also saw broad support.
• AI / Infrastructure — Tokens tied to AI/blockchain synergy jumped. The Fetch.ai “AI Alliance” +8% (coinmarketcap.com) and decentralized compute (Render) jumped as on-chain compute demand ticked up.
• Privacy / Web3 — Privacy coins skid. Monero’s -11% drop reflects regulatory headwinds. By contrast, enterprise chains (Hedera +3.6%) and general data-layer projects gained modestly.
• Large-Cap Movers (≥ $5B): Monero (XMR), Solana (SOL), Bitcoin Cash (BCH) — XMR slid on privacy backlashes, while SOL and BCH each gained (~+2.9%) as broad alt liquidity returned.
• Mid-Cap Movers (≥ $500M): Starknet, Cronos, Lido — These midsize tokens outpaced others. Starknet surged on L2 momentum (coinmarketcap.com); Cronos rallied on listing hype; Lido climbed on renewed staking inflows.

What It Means

• Opportunity: The breadth of today’s move suggests continued rotation into altcoin cycles. Bulls may exploit momentum in high-growth narratives (e.g. L2 scaling, AI/ML in crypto). Pullback entries into strong themes could pay off if trend persists.
• Risk: Volatility remains high. Regulatory or macro shocks (like Fed rate decisions) could reverse gains quickly. Specific risks include privacy rules (hit XMR) and technical sell-offs if upgrade hype fades.
• Timing/Regime: We classify this environment as Risk-On. Broad participation and volume suggest confidence below the surface. However, the rally is susceptible to abrupt shifts; watch if BTC/ETH stays above key support levels for confirmation.

Invest or Wait?

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

Bottom Line

Crypto markets are marginally higher with altcoins and thematic tokens driving gains. The current tone is bullish (risk-on), as traders rotate into high-conviction sectors. However, volatility is elevated; participants should watch broader macro indicators for potential inflection in the near term.