Crypto Market Is Down on Nov. 3, What Is Behind This Drop?

Updated on Nov 3, 2025 at 8:47 am UTC by · 1 min read

Track live updates for Bitcoin and top altcoins to learn what is driving the recent downturn on the crypto market.

The crypto market cap has lost 3.5% to $3.6 trillion after a wave of liquidations. Let’s explore the most important market updates today, on Nov. 3.
Julia Sakovich

Bitcoin (BTC) is currently trading at $107,236, down 3.18% over the past 24 hours. Over the past week, BTC has fluctuated between $106,786 and $115,957, which marks a 6.98% weekly loss and a 12.38% decline over the past month. It now stands about 14% below its all-time high of $126,080, reached on Oct. 8.

Despite the price pullback, trading activity has accelerated. Bitcoin’s 24-hour spot volume climbed to $43.88 billion, almost a 50% increase from the previous day.

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