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WMA: Bitcoin falls to $103,000 and altcoins bleed heavily in market decline

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This week's recap

  • The crypto market ends the week with a complete market capitalization of $3.49 trillion.
  • Bitcoin's trading value fell to around $103,500 after a negative week.
  • Ethereum lost almost 9% and was trading at around $3,500.
  • XRP is down 7%, Solana is down 12%, and Dogecoin is down 3%.
  • Almost all altcoins are trading within the red, although there are some exceptions.
  • In the DeFi sector, the entire value locked (TVL) fell to around $134 billion.

Crypto Trends November 3 – 9, 2025: Market Analysis and Performance

The crypto market continues its sharp decline as most cryptocurrencies post double-digit losses. The bulls are asleep despite significant and positive changes in international politics and global finance. As investors shift liquidity from the crypto market into stocks and commodities, the downward trend continues. As a result, the market cap lost over $210 billion and reached $3.49 trillion.

A couple of weeks ago, Bitcoin rose to over $120,000. However, in recent days it has come dangerously near falling below $100,000 for the primary time in six months. The king of cryptocurrencies was trading at just $101,000 on Wednesday as a consequence of massive liquidations. Meanwhile, a slow bounce from traders buying the dip pushed the value barely higher, above $100,000.

Ethereum has put its dreams of reaching $5,000 on hold for now. The second-largest cryptocurrency is now almost $1,500 away from its ambitious goal. This situation is as a consequence of a continued decline in investment and adoption.

Altcoins and DeFi

Most altcoins are trading within the red, although there are notable exceptions. For example, XRP is down 7%, Solana is down 12%, Cardano is down 5%, Avalanche is down 3%, Sui is down 9%, Chainlink is down 8%, and TRON is down 2%. On the opposite hand, ZCash is up 56%.

There were also some interesting developments with memecoins. For example, Dogecoin is down 3%, Shiba Inu is down 1%, and Pepecoin is down 7%.

The Metaverse sector has also seen notable moves over the past week. For example, Axie Infinity is down 1%, The Sandbox is up 1%, and Floki is down 8%. Meanwhile, Decentraland is up 3%, Render is up 8% and ApeCoin is down 1%. Stacks reduced by 1% and MultiversX increased by 5%. Meanwhile, Virtuals fell 16%.

The DeFi sector lost nearly $16 billion of the entire value locked in protocols (TVL), bringing the entire to about $134.15 billion.

Crypto Market Analysis – What’s New?

  • DeFi project Balancer was hit by an enormous hack value $128 million this week.

Crypto market forecast for next week

Despite improving financial conditions worldwide, the crypto market continues to be struggling to recuperate. Bitcoin has survived a significant scare but stays vulnerable. Meanwhile, altcoins can only hope that their losses narrow in the approaching weeks. The general market sentiment stays negative.

The post WMA: Bitcoin falls to $103,000 and altcoins bleed heavily in market decline appeared first on Crypto Adventure.

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