Continuing to update you on crypto news from yesterday, the broader crypto market is hanging on for dear life. .cwp-coin-chart svg path { stroke width: 0.65 !important; .cwp-coin-widget-container .cwp-graph-container.positive svg path:nth-of-type(2) { stroke: #008868 !important; } .cwp-coin-widget-container .cwp-coin-trend.positive { color: #008868 !important;background color: transparent !important; .cwp-coin-widget-container .cwp-coin-popup-holder .cwp-coin-trend.positive { border: 1px solid #008868; }border radius: 3px; } .cwp-coin-widget-container .cwp-coin-trend.positive::before { border-bottom: 4px Solid #008868 !Important; } .cwp-coin-widget-container .cwp-coin-price-holder .cwp-coin-trend-holder .cwp-trend { Background-color: Transparent !Important; } .cwp-coin-widget-container .cwp-graph-container.negative svg path:nth-of-type(2) { stroke: #A90C0C !important; .cwp-coin-widget-container .cwp-coin-popup-holder .cwp-coin-trend.negative { border: 1px solid #A90C0C;Border radius: 3px; } .cwp-coin-widget-container .cwp-coin-trend.negative { color: #A90C0C !important;background color: transparent !important; } .cwp-coin-widget-container .cwp-coin-trend.negative::before { border-top: 4px solid #A90C0C !Important; }
1.75%
Bitcoin
BTC
price
$99,515.76
1.75% /24 hours
24 hour volume
$65.4 billion
price 7 days
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It was trading around $103,000 yesterday, but since then it has fallen to $100,000 and now
trying to protect its current position.
(Source: CoinMarketCap)
Its price is currently hovering between $100,412 and $103,478, showing signs of slowing down. The effects of the initial rally that led to the rise in ATH have subsided and traders are now more cautious.
24 hours 7 days 30 days 1 year Always
For now, the near-term outlook looks bearish. The $100,000 level is an important support. If that holds, BTC could stabilize or rebound from here. However, below this level, the price could fall further, perhaps towards $94,000, depending on market conditions.
To turn bullish again, BTC needs to break out of the $110,000-$112,000 resistance zone. Otherwise, it may continue to move sideways or fall.
hanging by a thread
BTC is trading on the edge of the critical support at $100,000.
Selling pressure is clearly predominant, while buyers are struggling to sustain prices. Drops below $100,000 are bought quickly, but the rebound looks weak.
If support is maintained even if it breaks… pic.twitter.com/50zgrSv48r
— Cryptocapo_ (@iking_emkey1) November 7, 2025
Beyond the short-term ups and downs, BTC’s fundamentals remain strong and its long-term outlook looks promising. Many risky speculations have already been removed from the market, reducing the risk of significant price declines.
Additionally, institutions and large investors continue to view BTC as a safe alternative to traditional assets.
Financial advisors and institutions are accessing BTC at low prices through ETFs such as iShares Bitcoin Trust (IBIT), Fidelity Wise Origin Bitcoin Fund (FBTC), and Grayscale Bitcoin Trust (GBTC).
Read more: Top 20 cryptocurrencies to buy in 2025
Crypto News Latest: ETH drops below $3,300
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Ethereum
2.63%
Ethereum
Ethereum
price
$3,235.73
2.63% /24 hours
24 hour volume
$32.05 billion
price 7 days
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down 4.61% in the last 24 hours;
. Even though whales were actively buying, the price fell below the key support at $3,400.
The number of sellers outnumbered buyers at key levels, resulting in the price breaking through key supports. Its price action attempted to test the $3,415 level but was rejected and quickly fell to $3,400 from there.
24 hours 7 days 30 days 1 year Always
Whales bought the push as prices fell. They scooped up approximately 394,682 ETH worth $1.37 billion between $3,247 and $3,515.
Since then, ETH has faced issues rising to $3,350 and falling to where it is currently trading at $3,232.
Whales continue to accumulate $ETH — in the past three days, many whales have collectively purchased 394,682 $ETH ($1.37B). https://t.co/RhDYQM0yl6 pic.twitter.com/3qMSojTSTu
— Lookonchain (@lookonchain) November 6, 2025
On the technical side, the ETH network remains strong, recently hitting a record of 24,192 transactions per second. However, daily active users have declined by 24% since August of this year.
$ETH hit a record 24,192 TPS thanks to Layer 2 Lighter. It has been consistently around 4,000 TPS since launch.
This is a real network run.
Throughput is increasing, fees are decreasing, and efficiency is increasing. @ethereum @VitalikButerin pic.twitter.com/qC0AA4auvc— Crypto Patel (@CryptoPatel) November 6, 2025
Looking ahead, traders are closely monitoring price trends. A break above $3,480 would help reverse the current downtrend.
Explore: The best new cryptocurrencies to invest in 2025
Bitcoin ETF records $240 million inflows after six days of weakness
by
After six consecutive days of outflows, Bitcoin finally saw some capital inflow on October 6, 2025.
According to SoSoValue data, 12 spot BTC ETFs were purchased for $240 million, ending a dry spell in which more than $2 billion was lost.
Still, it’s a drop in the bucket. November has been tough so far, with US Bitcoin ETFs losing $661 million this month alone, compared to $3.53 billion in October and $3.42 billion in September.
Explore: 12+ Hottest Cryptocurrency Presales to Buy Now
Ireland fines Coinbase $25 million (approximately) for missed trades
by
The Central Bank of Ireland has imposed fines totaling €21,464,734 on Coinbase Europe Limited for failing to meet its obligations under the Anti-Money Laundering and Combating the Financing of Terrorism Regulations.
The issue occurred between April 2021 and March 2025, and there were significant gaps in the company’s oversight. Transactions flowing through that platform. This enforcement is the first action taken against a crypto company under Ireland’s latest sanctions procedure.
Click here for more
SharpLink moves $14 million in ETH to OKX before earnings report
by
SharpLink Gaming moved the majority of its ETH worth over $14 million to cryptocurrency exchange OKX just before its next earnings report.
According to Lookonchain data, 5,284 ETH was withdrawn from wallets linked to SharpLink, of which 4,364 ETH (approximately $14.47 million) was transferred to OKX on November 7th.
A wallet linked to SharpLink Gaming redeemed 5,284 $ETH ($17.52M) and deposited 4,364 $ETH ($14.47M) to #OKX 4 hours ago. https://t.co/aEOMGzxxOM pic.twitter.com/ljO14bxj7f
— Lookonchain (@lookonchain) November 7, 2025
The remaining 791 ETH still remains untouched in your wallet.
The total amount of ETH withdrawn was approximately $17.52 million at the time of transfer.
Explore: The Next 1000x Crypto – Introducing 10+ Crypto Tokens That Could Hit 1000x This Year
$1.5 million BTC? Cathie Woods revise her prediction
by
ARK Invest CEO Cathie Wood revised her super bullish BTC price prediction of $1.5 million to $1.2 million. The reason for the price revision is the stablecoin that succeeded in stealing Bitcoin’s thunder.
Stablecoins like USDT and USDC are gaining traction as they are increasingly used for payments and savings, especially in emerging markets.
Just in:
Cathie Wood says Ark Investments lowers its #Bitcoin bullish forecast by $300,000, setting a new high-end target of $1.2 million by 2030, citing rapid growth of stablecoins in emerging markets. pic.twitter.com/rln31NwhR1
— Bitcoin.com News (@BTCTN) November 6, 2025
Wood confirmed that stablecoins have absorbed some of the growth previously expected from BTC.
Still, she remains bullish on digital gold. According to ARK’s latest forecast, BTC will be worth $1.2 million in the bull case, $600,000 in the base case, and $500,000 in the bear case by 2030.
Green Crypto? Texans Won’t Buy It
by
A Texas-based bitcoin mining company is promoting the use of renewable energy sources such as wind and solar power. They argue that the use of renewable energy stabilizes the power grid and supports the growth of clean energy.
But local Texans don’t support it, and environmentalists are pushing back. They argue that crypto mining operations are noisy, tax infrastructure, and divert green energy from homes and businesses.
Residents of Hood County, Texas, have voted against forming a new town to control noise from a nearby Bitcoin mining site.
Only 38% supported creating Mitchell Bend, a proposed two-square-mile municipality with about 600 residents. pic.twitter.com/vlEFys9OSb
— 0xMarioNawfal (@RoundtableSpace) November 6, 2025
On the other hand, miners argue that they contribute to the state’s energy economy. Critics want a different opinion.
They claim environmental benefits have been overstated and deals are being made without proper community input.
Explore: 16+ New and Upcoming Binance Listings in 2025
The post Crypto News Update: BTC Defends $100K, ETH Breach $3,300 Support appeared first on 99Bitcoins.
