Shiba Inu was added to Japan's official green list of approved crypto assets on November 12, 2025, with the Japan Virtual and Crypto assets Exchange Association confirming its listing across eight member exchanges. Japan's Financial Services Agency has proposed reducing crypto taxation from 55% to a flat 20% capital gains rate for green list tokens. The reform requires government approval and would take effect April 1, 2026 if passed.

Harvard University's endowment held 6,813,612 shares of BlackRock's iShares Bitcoin Trust valued at $442.9 million as of September 30, according to SEC filings. The position increased from 1,906,000 shares worth approximately $116 million disclosed earlier in the year. The endowment also doubled its position in the GLD gold ETF to 661,391 shares valued at $235 million.

US-listed Bitcoin spot ETFs recorded $866.7 million in net outflows on November 13, the second-largest single-day redemption since launch in January 2024. Grayscale's Bitcoin Mini Trust led withdrawals with $318 million, followed by BlackRock's IBIT at $257 million. Bitcoin fell below $100,000 the same day and declined to $94,890.52 by November 14.

Bitcoin's Fear & Greed Index dropped to 10, its lowest 2025 level, according to Alphractal data. Institutional investors added $24 billion in Bitcoin through ETFs this year despite extreme fear among retail traders. The market saw $19 billion in liquidations across approximately 1.6 million positions.

Bitcoin fell to approximately $94,000, marking its steepest decline since May, with BTC trading around $93,657, data show. The probability of a Federal Reserve interest rate cut in December has dropped to 44%, according to CME Group, contributing to risk-off sentiment across markets.

XRP fell 1.34% to $2.22 in 24 hours, extending losses for a sixth consecutive day from its November 11 peak of $2.56. A crypto trader opened a leveraged short position of 12.34 million XRP valued at $27.4 million, according to on-chain data. Large holders sold approximately 200 million XRP within 48 hours, intensifying downward pressure on the asset.

Bitcoin increasingly functions as a long-term savings instrument with holders transferring coins to cold storage and maintaining positions through market volatility, according to Glassnode research. Ethereum sustains continuous circulation through DeFi protocols, smart contracts, and staking mechanisms, with long-term ETH holders interacting with their assets three times more frequently than BTC holders. Approximately 25% of total ETH supply remains locked in staking or ETFs, demonstrating store-of-value demand alongside operational utility.

Bitcoin dropped to approximately $95,000 amid heightened macro volatility following the end of the U.S. government shutdown. Analysts note the asset is oversold on short-term charts and observe similarities to 2019 price behavior. The $92,000–$95,000 range has emerged as a critical support zone for maintaining the current market structure.