BlackRock reduced its Bitcoin holdings by a net 5,300 BTC this week despite purchasing 921 BTC on November 6. The asset manager now holds approximately 798,000 BTC valued at over $80 billion, according to HeyApollo ETF tracker data shared on November 7. The reductions accounted for more than half of total Bitcoin ETF outflows recorded during the week.

The cryptocurrency market lost nearly $1 trillion in market capitalization between early October and November 5, with total market cap declining from $4.3 trillion to $3.4 trillion. Bitcoin tested the $100,000 support level after an 8% weekly decline, while Ethereum dropped 16% to $3,300. The selloff triggered $2.1 billion in overnight liquidations on November 5, affecting approximately 486,069 traders.

Ripple will unlock 1 billion XRP tokens from escrow on November 1, 2025, as part of its regular monthly schedule. At the current price of $2.49 per token, the release is valued at approximately $2.49 billion. Historically, Ripple sells or utilizes only 200–300 million XRP from each unlock and re-locks the remainder.

BlackRock divested 2,724 Bitcoin valued at approximately $292 million in a 24-hour period ending October 31, data show. The firm maintains holdings of 802,810 BTC worth around $87.43 billion. Bitcoin ETF outflows for the week reached roughly $519 million.

Bitcoin is trading near $111,280 after falling 1.48% in October, bucking typical seasonal gains. AI models analyzing market conditions forecast an average price of $110,000 for the Halloween period (October 24–31), representing a potential 1.17% decline from current levels. The projections come as the cryptocurrency faces mixed technical signals and institutional developments.