Ethereum trades below $3,000 after declining 12% over seven days, with buyers defending the $2,750–$2,800 support zone. Futures open interest has risen above $34 billion as traders add leveraged long positions, increasing volatility risk. The cryptocurrency remains under pressure from institutional outflows exceeding $500 million last week.

BitMine Immersion Technologies acquired 69,822 ETH over the past week, bringing total holdings to 3,629,701 ETH—approximately 3% of Ethereum's circulating supply, the company announced Monday. The treasury is valued at $10.2 billion with ETH trading around $2,800. ETH has declined nearly 30% over the past month, reducing the portfolio's value from over $12 billion two weeks earlier.

Major institutional holders are executing conflicting strategies on Ethereum. Bitmine acquired 28,625 ETH valued at approximately $82.11 million from FalconX, according to blockchain data. BlackRock transferred substantial quantities of both Bitcoin and Ether to Coinbase Prime within the past hour. The ETH/BTC trading pair is testing a pivotal support level that analysts believe will determine Ethereum's near-term performance relative to Bitcoin.

Grayscale launched GDOG, the first spot Dogecoin exchange-traded fund in the United States, on NYSE Arca on November 24, 2025. The product carries a standard management fee of 0.35%, waived to 0% for the first $1 billion in assets under management or the initial three months of operation, whichever occurs first. Dogecoin is trading at $0.1452, down 8.25% over the past week.

XRP traded at $2.05 on November 24, 2025, down 18.1% for the month—its steepest November decline since 2020. The token historically averages 79.9% gains in November, according to Cryptorank. Technical indicators showed oversold conditions, with the Relative Strength Index at 38.36, while trading volume rose 17.71% to $4.19 billion.

Grayscale's Dogecoin exchange-traded fund began trading on the New York Stock Exchange under ticker GDOG on November 25, 2025, converting the firm's existing trust into a regulated product. Dogecoin trades at $0.1457, a seven-month low, positioned below all major moving averages. The launch coincides with Grayscale's XRP ETF debut, part of the firm's expansion into altcoin exchange-traded products.

Franklin Templeton received NYSE Arca approval to list its XRP spot ETF under ticker XRPZ, joining Grayscale's XRP and DOGE products in the same approval window. Coinbase announced December 5 for 24/7 altcoin monthly futures trading and December 12 for perpetual futures launch across all listed altcoins including SHIB. Bitcoin opened the week with a 7,149% liquidation ratio as forced selling pressure concentrated on long positions, according to CoinGlass data.

Cardano's ADA token dropped 16% on Friday after a malformed delegation transaction split the blockchain into two competing ledgers, according to market data. The incident prompted Coinbase, Upbit, and Kraken to suspend ADA deposits and withdrawals for up to 14 hours. Intersect, Cardano's ecosystem governance body, confirmed U.S. federal authorities are investigating the disruption.