Altcoin trading volume has reached 51% of total cryptocurrency market activity, but rising Bitcoin Dominance at 60.5% suggests BTC may outperform most altcoins in the near term. The altcoin market cap remains unable to break above $1.13 trillion, a resistance level established during the 2021 cycle. Elevated trading volume likely reflects selling pressure rather than bullish accumulation, according to analyst Maartun.

Ethereum stabilized above the $3,300 support level after a 12% weekly decline. The cryptocurrency briefly dropped to $3,000 on November 4 before recovering to approximately $3,400. On-chain data reveals significant whale accumulation, with one treasury company acquiring over 744,600 ETH worth $2.53 billion since October 5.

The Ethereum Rainbow Chart, a logarithmic valuation model, indicates ETH may trade across multiple price bands by month-end. ETH traded at $3,425 at press time, posting a 0.5% gain over 24 hours but declining 12% weekly. The chart positions current pricing near the lower edge of the "Steady..." band, suggesting moderate undervaluation relative to historical growth patterns.

Internet Computer (ICP) is consolidating between $7.50 and $8.50 following a rally from mid-$5 levels toward $9. The 9-day and 20-day exponential moving averages remain upward-sloping, though momentum indicators show cooling as the Relative Strength Index dropped from the mid-80s to low 70s. Order book data shows major liquidity clusters at $7.50 support with over 110,000 ICP and $8.47–$8.51 resistance with 35,000+ ICP, which are expected to define the next directional move.

U.S. District Judge Jessica Clarke declared a mistrial on November 7, 2025, in the first criminal prosecution targeting maximal extractable value (MEV) manipulation on Ethereum. Brothers Anton and James Peraire-Bueno faced charges of exploiting the network's validator layer to steal $25 million. After three days of deliberation, the jury remained deadlocked and could not reach a unanimous verdict.

XRP has fallen nearly 10% over the past week, trading below $2.30 after stalling at $2.40. On-chain data show long-term holders are now realizing profits during price weakness rather than rallies—a behavior shift from previous cycles that raises questions about near-term momentum.

21Shares submitted Amendment No. 3 to its Spot XRP ETF application under Section 8(a) of the Securities Act of 1933, triggering an automatic 20-day approval window. The SEC must respond within 20 days or approval proceeds automatically. XRP rose over 6% to $2.32 following the filing, according to Bloomberg ETF analyst Eric Balchunas.

Pakistan is evaluating the development of a stablecoin pegged to the rupee, according to Zafar Masud, President of the Pakistan Banks Association. Officials estimate the country could capture $20 billion to $25 billion in cryptocurrency-related economic growth. The banking sector has warned that delays in digital asset regulation may result in lost investment opportunities.