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Zcash (ZEC) reached $676.64 on January 9, 2025, marking its highest price since January 2018. The privacy-focused cryptocurrency posted a 26% gain in 24 hours and surged 1,486% over three months. ZEC now ranks 18th by market capitalization at $11.2 billion, surpassing Sui, Avalanche, and Litecoin.

Bitcoin retested the $100,000 level during its recent correction, triggering significant liquidations. Analyst PlanD identifies the 50-week exponential moving average at $100,700 as critical support. A sustained weekly close above this threshold could enable a rebound toward $116,000–$120,000 in the short term.

Digital asset liquidity expanded from $180 billion to $560 billion between 2024 and November 2025, representing a threefold increase driven by institutional adoption and ETF launches. Data from Wintermute shows that since August 2025, ETF inflows and stablecoin issuance have slowed significantly. Analysts attribute the shift to tighter monetary conditions, profit-taking, and reduced risk appetite following an extended bullish period.

Bitcoin is trading around $102,405 while struggling to hold above $100,000, with total cryptocurrency market capitalization falling to approximately $3.34 trillion. Bloomberg senior macro strategist Mike McGlone warns the current price level represents a critical juncture, noting that unusually low volatility may indicate underlying stress rather than stability. The correlation between Bitcoin and the S&P 500 remains above 0.53, reflecting continued alignment with traditional equity markets.

JPMorgan Chase owned 5,284,190 shares of BlackRock's iShares Bitcoin Trust (IBIT) worth $343 million at the end of Q3 2025, according to regulatory filings. The position represents a 64% increase from the 3.22 million shares the bank reported in Q2. IBIT, which holds actual Bitcoin in cold storage through custodian Coinbase, is part of a spot Bitcoin ETF sector that collectively manages $110 billion across 11 issuers.

American Bitcoin, a Nasdaq-listed mining firm linked to President Donald Trump's sons, expanded its Bitcoin treasury by 139 BTC, bringing total holdings to $415 million, according to a November 7 announcement. The company's shares closed at $4.64 on the announcement date, up 2.20% despite intraday volatility between $4.08 and $4.65. The firm accumulates Bitcoin through mining operations and strategic market purchases.

Litecoin rose 16% to surpass $102, supported by a 6% increase in wallets holding over 100,000 LTC and on-chain transaction volume reaching $15.1 billion. The advance followed $640,000 in spot ETF inflows and a break above the $100.91 resistance level. The move positions the asset for a potential advance toward $109.09 if current support holds.

Federal Reserve Governor Stephen Miran said on November 8, 2025, that growing demand for dollar-pegged stablecoins may be lowering the U.S. neutral interest rate. He argued the Fed should cut policy rates to avoid unintentional economic tightening. Miran warned that stablecoins could become a multitrillion-dollar factor for central bankers.

Bitcoin has declined to around $100,200 after giving up gains above $104,000. The Coinbase Premium Gap—measuring the price difference between Coinbase (USD pair) and Binance (USDT pair)—has stayed negative over the past week, indicating sustained selling pressure from Coinbase users, particularly U.S.-based institutional investors, according to CryptoQuant analyst Maartunn.

Bitcoin's Market Value to Realized Value (MVRV) ratio has declined to the 1.8–2.0 range, a valuation zone that has historically coincided with major market bottoms. The metric, which compares Bitcoin's market capitalization to its aggregate cost basis, reached similar levels during market lows in June 2021, November 2022, and April 2025, according to market analysts.