Bitcoin long-term holders have more than doubled their positions between late October and early November, adding over 36,000 BTC. New whale cohorts have realized over $1 billion in losses since late October, with Bitcoin trading below their average cost basis of approximately $110,800. Risk-adjusted return metrics have declined throughout the year, reflecting cooling institutional sentiment.

XRP climbed more than 7% in the past 24 hours following the DTCC's official listing of nine spot XRP ETFs from major issuers including Bitwise, Franklin, and CoinShares. Open Interest reached $1.32 billion, though negative funding rates at -0.145% indicate cautious positioning among traders. Market participants are watching for potential SEC approvals before year-end.

Hyperliquid has launched a borrowing and lending module on its Hypercore testnet, enabling users to borrow, supply, and withdraw assets directly onchain. The BorrowLendingProtocol (BLP) currently supports USDC and PURR during testing. The development follows Hyperliquid's October performance of $303 billion in trading volume, leading perpetual decentralized exchanges.

Bitcoin is trading above $100,000 while U.S. housing starts decline and the S&P 500 shows signs of correction. The cryptocurrency's ability to maintain support while traditional markets weaken will determine whether it establishes a higher-low structure or follows equities toward the $90,000–$95,000 zone.

Bitcoin's social sentiment hit its third most bearish level in six months, even as on-chain metrics remain stable. BTC fell below $100,000, down roughly 20% from its all-time high. Analyst Nic Puckrin suggests this magnitude of correction may present a buying opportunity rather than signaling fundamental deterioration.

Bitcoin holds near $110,000 as futures open interest declines and stablecoin supply reaches $158.8 billion. China's M2 money supply has expanded to $47 trillion, creating a $25 trillion gap with the U.S. figure of $22 trillion. Historical data suggest Bitcoin's price movements correlate more closely with Chinese liquidity trends than U.S. monetary policy shifts.

Bitcoin fell from approximately $118,000 to near $110,000 by October 31, 2025, breaking typical seasonal patterns. Network activity declined sharply, with active addresses dropping 26.1% to 872,000 and transaction fees falling from $8.44 to $0.56, data show. November has historically delivered a median return of 8.81% for BTC since 2013, with potential upside factors including easing trade tensions and increased probability of a December Federal Reserve rate cut.

A Japanese state-backed utility has deployed 4.5 MW of Canaan Avalon hydro-cooled mining rigs to absorb surplus renewable energy and stabilize the national power grid. The mining hardware functions as an adjustable load buffer, powering down during high demand and reactivating when renewable generation exceeds consumption. The project positions Japan as the 11th country with government-affiliated Bitcoin mining infrastructure.

Bitcoin's profitability metrics show 83.6% of supply now in profit, while leverage positions total approximately $15 billion across exchanges. Short positions worth $2.7 billion cluster above current price levels, with $1.1 billion in long positions stacked below. The compressed setup creates conditions for potential volatility.