Bitcoin dropped below $100,000 for the first time since June as total cryptocurrency market capitalization declined to approximately $3.45 trillion. The Fear and Greed Index fell to 20 while liquidations exceeded $2 billion in a single day. Ethereum traded below $3,100 amid broader deleveraging across digital assets.

The Ethereum Foundation's Ecosystem Support Program unveiled a restructured grants framework on November 3, 2025. The initiative replaces open applications with two targeted funding pathways—Wishlist and Requests for Proposals—designed to align support with ecosystem priorities and strategic needs, according to a post by the ESP team.

JPMorgan is developing a program to allow institutional clients to use Bitcoin and Ethereum as collateral for loans, with a target launch by the end of 2025, Bloomberg reports. Separately, Fidelity has added Solana trading to its brokerage platform for eligible U.S. clients. The developments bring digital assets deeper into traditional financial infrastructure, potentially influencing liquidity flows during market shifts.