Ethereum's validator exit queue has accumulated nearly 2 million ETH awaiting withdrawal over the next 35 days, while exchange reserves have fallen to 15.9 million ETH, the lowest level in three years. The Fusaka upgrade is scheduled for December 3, targeting enhancements in Layer 2 scalability, transaction speed, and validator performance.

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.

Circle issued an additional $1 billion USDC in multiple $250 million tranches, contributing to $13.25 billion in combined stablecoin issuance by Circle and Tether since the recent market downturn. Tokenized gold has reached $3.9 billion in market capitalization, with XAUT holding approximately $2.1 billion and PAXG accounting for roughly $1.3 billion. The category has grown nearly 50-fold since mid-2021, reflecting sustained demand for blockchain-based precious metal products.

Bitcoin long-term holders have more than doubled their positions between late October and early November, adding over 36,000 BTC. New whale cohorts have realized over $1 billion in losses since late October, with Bitcoin trading below their average cost basis of approximately $110,800. Risk-adjusted return metrics have declined throughout the year, reflecting cooling institutional sentiment.

XRP climbed more than 7% in the past 24 hours following the DTCC's official listing of nine spot XRP ETFs from major issuers including Bitwise, Franklin, and CoinShares. Open Interest reached $1.32 billion, though negative funding rates at -0.145% indicate cautious positioning among traders. Market participants are watching for potential SEC approvals before year-end.

Hyperliquid has launched a borrowing and lending module on its Hypercore testnet, enabling users to borrow, supply, and withdraw assets directly onchain. The BorrowLendingProtocol (BLP) currently supports USDC and PURR during testing. The development follows Hyperliquid's October performance of $303 billion in trading volume, leading perpetual decentralized exchanges.

Bitcoin is trading above $100,000 while U.S. housing starts decline and the S&P 500 shows signs of correction. The cryptocurrency's ability to maintain support while traditional markets weaken will determine whether it establishes a higher-low structure or follows equities toward the $90,000–$95,000 zone.

Bitcoin's social sentiment hit its third most bearish level in six months, even as on-chain metrics remain stable. BTC fell below $100,000, down roughly 20% from its all-time high. Analyst Nic Puckrin suggests this magnitude of correction may present a buying opportunity rather than signaling fundamental deterioration.

Bitcoin holds near $110,000 as futures open interest declines and stablecoin supply reaches $158.8 billion. China's M2 money supply has expanded to $47 trillion, creating a $25 trillion gap with the U.S. figure of $22 trillion. Historical data suggest Bitcoin's price movements correlate more closely with Chinese liquidity trends than U.S. monetary policy shifts.