Crypto Market Overview
- Global market cap: About $3.67 trillion, up roughly 4.3 % from the previous day as digital assets rallied on fresh liquidity hopes.
- Fear and Greed Index: Improved slightly to 29 (Fear), moving out of extreme fear but still signalling caution among market participants.
- Bitcoin climbed above $106,000 (≈ ₹9.4 lakh) and Ethereum surged toward $3,607 (≈ ₹3.2 lakh) on renewed bullish momentum.
- USD/INR: The rupee remained steady near ₹88.6 per dollar, making currency impacts negligible for local investors.
Bitcoin & Ethereum Price Movement
| Metric | Bitcoin (BTC) | Ethereum (ETH) |
|---|---|---|
| Price (approx. INR) | ₹9.40 lakh (≈ $106,150) | ₹3.20 lakh (≈ $3,607) |
| 24‑h % change | +4.17 % | +5.60 % |
| 24‑h high (approx.) | ₹9.50 lakh (≈ $107,200) | ₹3.23 lakh (≈ $3,645) |
| 24‑h low (approx.) | ₹9.00 lakh (≈ $101,500) | ₹3.00 lakh (≈ $3,400) |
| Sentiment | Cautiously bullish | Strengthening momentum |
Commentary: Bitcoin rallied past the ₹9.4 lakh mark, buoyed by reports that former U.S. President Donald Trump plans to redistribute tariff revenue to American households. The proposal, valued at $400 billion, injected optimism that new liquidity could flow into risk assets. Bitcoin’s support now sits near ₹9.0 lakh, while immediate resistance approaches ₹9.8 lakh. Ethereum outperformed Bitcoin, advancing more than 5 % as traders rotated into high‑beta altcoins. Analysts pointed to progress on layer‑2 scaling solutions and rising demand for yield‑bearing Ether derivatives.
Market Movements and Key Indices
- Global cues: The broader rally was fuelled by two main catalysts: President Trump’s tariff dividend proposal, which markets interpreted as a fiscal stimulus, and signs that the U.S. government shutdown might soon be resolved. Both factors reduced macro‑economic uncertainty and spurred risk‑on sentiment. Regulatory clarity also improved after U.S. regulators signalled that regulated spot crypto trading could launch as early as December 2025. While exchange‑traded fund flows were mixed, fresh capital flowed into spot markets.
- Local cues: In India, the rupee’s stability helped local investors fully participate in the upswing. Trading volumes on domestic exchanges picked up as the market mood brightened. However, the 1 % TDS on crypto transactions and the 30 % tax on gains still discourage frequent trading.
Top indices and market cap
- Total market cap: ≈ $3.67 trillion, up more than 4 % in 24 hours.
- Leading Indian‑market coins by market cap: Bitcoin (₹94.08 lakh, +4.19 %), Ethereum (₹3.19 lakh, +5.75 %), Tether (₹88.65, +0.01 %), XRP (₹217, +7.37 %), Binance Coin (₹89,175, +1.58 %).
- Fear & Greed Index: 29 (Fear).
Top Trending Coins in India
Traders flocked to privacy and utility tokens that have shown resilience during the recent uptrend. The most‑searched assets include Zcash (ZEC), Monero (XMR), WhiteBIT Coin (WBT), Litecoin (LTC), Hedera (HBAR), Hyperliquid (HYPL) and Polkadot (DOT). These coins benefited from surging social‑media interest and significant gains relative to Bitcoin over the past month.
Top Gainers (Altcoins)
| Altcoin | 7‑day % change | Brief comment |
|---|---|---|
| DeAgentAI | +225.8 % | AI‑focused token exploded higher following the release of a machine‑learning platform that attracted prominent Web3 developers. |
| SOON | +205.8 % | Momentum in this time‑locked staking project accelerated as new partnerships were announced, drawing speculative capital. |
| Decred (DCR) | +93.3 % | Governance reforms and strong on‑chain participation continued to propel DCR, building on its prior week’s surge. |
| Internet Computer (ICP) | +76.0 % | Enterprise adoption and new developer tools sparked sustained buying interest in ICP. |
| Filecoin (FIL) | +71.9 % | Anticipation of improved storage demand and network upgrades lifted Filecoin to multi‑week highs. |
Top Losers (Altcoins)
| Altcoin | 7‑day % change | Possible reasons |
|---|---|---|
| Humanity | −28.7 % | Profit‑taking followed an earlier parabolic rally, and questions emerged about the project’s long‑term viability. |
| Bittensor (TAO) | −15.9 % | Competitive AI‑blockchain platforms weighed on Bittensor’s market share and sent the token lower. |
| cgETH Hashkey Cloud | −13.0 % | Investor enthusiasm faded after delayed roadmap milestones and concerns about centralisation. |
| SwissBorg (CHSB) | −11.9 % | Reduced trading volumes and profit‑taking dragged the exchange‑token lower. |
| Jito (JTO) | −10.3 % | Cooling demand for decentralised liquidity protocols contributed to Jito’s decline. |
Other Notable Market Updates
- XRP (XRP): Soared 7.7 % to roughly $2.46 (≈ ₹217), making it the top performer among major coins as traders cheered renewed legal clarity around Ripple’s operations.
- Solana (SOL): Jumped 5.2 % to about $166.95 (≈ ₹14.8 k) amid higher DeFi volumes and positive developer metrics.
- Dogecoin (DOGE): Rallied 4.8 % to approximately $0.1809 (≈ ₹16), buoyed by meme‑coin enthusiasm and renewed social‑media engagement.
- Cardano (ADA): Climbed 6.4 % to $0.5881 (≈ ₹52) after network upgrades improved throughput.
- TRON (TRX): Added around 1.4 %, continuing its steady climb as its staking ecosystem grows.
- Stablecoins: Tether (USDT) and USD Coin (USDC) maintained their peg near ₹88.6 with negligible price movement.
Key Coins to Watch
- Zcash (ZEC) & Monero (XMR): With privacy tokens back in the spotlight, traders should monitor support near ₹45,000 for ZEC and ₹34,000 for XMR. Regulatory headlines could cause sharp moves.
- WhiteBIT Coin (WBT): After significant gains, WBT is in overbought territory. A pullback toward ₹1,000 may provide a healthier entry point.
- Litecoin (LTC) & Hedera (HBAR): Both tokens are showing improved relative strength versus Bitcoin; watch for continuation above ₹1,500 (LTC) and ₹9 (HBAR).
- Bitcoin (BTC): Holds the key to broader market direction. Sustaining above ₹9.2 lakh would reinforce bullish sentiment, while failure to do so could prompt profit‑taking.
- Ethereum (ETH): Needs to stay above ₹3.0 lakh to maintain momentum. Monitor upcoming layer‑2 launches and any delays in the transition toward proof‑of‑stake enhancements.
Outlook for Tomorrow
For 11 November 2025, analysts anticipate consolidation after the sharp gains. Bitcoin faces near‑term resistance around $108 k (≈ ₹9.6 lakh) and support near $104 k (≈ ₹9.2 lakh). A breakout above resistance could target $110–112 k, while a drop below support might see a quick retreat to $100 k. Ethereum is expected to trade between $3.4 k and $3.8 k, with upside momentum if it clears the ₹3.3 lakh barrier. Macroeconomic catalysts include U.S. consumer‑price data and any updates on fiscal stimulus proposals. Indian investors should continue to watch rupee movements, tax policy developments and trading volumes. While the recent rally is encouraging, proper risk management and awareness of potential volatility remain paramount.
