The post Crypto Market Loses $102B in 5 Hours: Why Is Crypto Down Today? appeared on BitcoinEthereumNews.com.

Key Takeaways: The crypto market lost over $102 billion in five hours on November 3. For the first time in seven months, net institutional buying dropped below the daily mined supply. While there is some panic in the crypto market, many analysts say Bitcoin is maturing as OGs give way to new participants. It’s days like this that remind you the crypto market doesn’t just move in mysterious ways; it stampedes. Within a five-hour window on November 3, 2025, over $102 billion vanished from the books. Traders were left clutching charts and analysts scrambling for explanations. Is it just another classic crypto whipsaw or the telltale heartbeat of a maturing market finding its feet? Why is crypto down today? Macro Pressure: Powell’s Dollar Power-Up First, the macro backdrop. Federal Reserve Chair Jerome Powell didn’t have to say much to send shockwaves through the crypto market. While Powell confirmed the expected 0.25% October rate cut, his outlook for the rest of the year trended hawkish. When he stated that a rate cut in December was definitely not “a foregone conclusion,” risk-on assets like the crypto market wobbled. The dollar strength spiked, US Treasury yields soared, and risk-off sentiment turned from a mood into a mandate. For crypto prices, this means stablecoins and Bitcoin lose some of their shine as hedges. Capital still flees back to the world’s safest harbors in times like these. For the first time in seven months, institutional net buying of Bitcoin actually dropped below the daily average of new BTC hitting the market. That one metric alone (falling net buys) set off alarm bells across trading desks and Telegram groups in equal measure. As Capriole founder Charles Edwards commented: “Won’t lie, this was the main metric keeping me bullish the last months while every other asset outperformed…

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Filed under: News - @ November 3, 2025 9:28 am