Key Pointers:
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Total crypto market cap falls 3–5% to $3.6 trillion
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Bitcoin drops below $108,000; Ethereum trades near $3,600
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$400M+ liquidations hit long positions amid panic selling
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Balancer hack, Fed comments, and ETF outflows trigger decline
 
Crypto Market Crash — Latest Update
The cryptocurrency market crash on November 4, 2025, with global capitalization declining by close to 5 percent over 24 hours to approximately 3.6 trillion. Bitcoin (BTC) is trading at lowered rates of $106,800-107,500, falling more than 3 percent, whereas Ethereum (ETH) falls between 4 and 9 percent to levels of 3,600-3,800.
Altcoins are even less positive: Solana (SOL) declines to an all-time low at $165, BNB declines to $985, and meme coins go down more than 8 percent. Long positions are estimated at approximately $1.3 billion with liquidations of more than $400 million. The Fear and Greed Index decreases to 21 (Extreme Fear) when traders get out of leveraged positions.
Why Crypto Market Is Down Today
The question of why crypto market is down today links to several combined pressures.
- Hawkish Federal Reserve posture: Jerome Powell indicated that the interest rates can remain elevated, and the outflows of U.S. Bitcoin ETFs were 946 million.
 - Balancer DeFi hack: V2 Vault Balancer suffered a 128 million exploit, which shook the entire DeFi networks and caused massive sell-offs of ETH.
 - The liquidations and profit-taking: During the hours after traders booked October gains, liquidations of longs in the tune of 400M were made.
 - Whale sales and ETF liquidations: Institutional BTC users sold almost 600M coins, which contributed to volatility.
 - International tension: The U.S.-China tariff negotiation and an economic threat further increased the risk of assets such as crypto.
 
Analysts caution that BTC would hit a new low of $88,000, in the event that it falls short of $106,000. Ether support is close to 3,500 dollars. Although there will be short term stress, experts predict consolidation before any rebound. The crypto market crash is indicative of restrictive liquidity, large leverage, and macro uncertainty. The traders are holding back until there is regulatory clarity or a change of tone by Fed to stabilize the market.