Crypto Market Crash: Why Bitcoin and Altcoins Are Falling on November 7, 2025

Bitcoin refused to blink Friday, hovering at $101,800 (+0.7%) after U.S. spot ETFs snapped a six-day outflow streak with $240M fresh cash—BlackRock’s IBIT alone +$112M. Total crypto cap: $3.71T, barely budged.

“Outflows are over—rotation back to BTC,” tweeted Bitwise CIO Matt Hougan as Fidelity (+$62M) and Ark (+$60M) piled in. Glassnode data shows whale accumulation at 7-week highs; miners hold record revenues.

JPMorgan doubled down: “$170K fair-value by mid-2026” on ETF maturity, Trump crypto thaw, and Fed pause. Analysts eye $114K quarterly breakeven—10% rally needed.

Why the wobble?
– Oct layoffs hit 153K (22-yr high)—AI + cost-cuts.
– ADP Oct jobs: tepid +42K. BLS blackout (shutdown Day 38) fuels FUD.
– China tariff ghosts linger post-Oct 10 $19B wipeout.

Altcoins mixed: ETH -1.2%, SOL +2% on $421M ETF love. Meme coins quiet; DeFi TVL +3% weekly.

Levels to watch
– Support: $100K psychological.
– Upside: $108K → $116K breakout.
– RSI 48 = neutral; leverage flushed.

Coinpedia’s “buy-the-dip” list (ALCX, SAPIEN) screams opportunity. November historically +42% for BTC—Tom Lee sticks to $200K EOY.

From shutdown fog to ETF rocket fuel, crypto’s 2025 script flips bullish. HODL or fold?