• Bittensor’s token plunged 16% in 24 hours to hit lows of $389.
• Losses for the top artificial intelligence coin came amid profit-taking following a recent spike.
• Fed’s hawkish stance, the Balancer exploit, and AI-capital rotation has fueled risk-off sentiment.

Bittensor’s native token, TAO, has tumbled 16% over the past 24 hours, dipping to lows of $389 as it outpaced the artificial intelligence sector’s overall decline of 9%.

Losses for Bittensor came as Bitcoin slipped to near $100,000, and the total market capitalization dropped to under $3.4 trillion.

While analysts remain bullish for BTC and the broader market, investors are grappling with a confluence of macroeconomic pressures.

Sector-specific headwinds are also in play and could add to declines driven by panic selling.

Bittensor’s TAO plunges amid profit-taking

Bittensor is a decentralized machine learning protocol that incentivizes collaborative AI model training through its blockchain.

The native token TAO’s price has outperformed recently, tapping into gains for AI-related stocks like Nvidia.

However, the token’s value cratered to $3.89, marking a 16% intraday loss.

Bulls have attempted a recovery, but the price hovers at $400, down from highs of $488.

Meanwhile, trading volume surged 17% to $712 million, a scenario that reflects the heightened panic selling.

Like across the broader market, this comes as retail and institutional holders liquidate positions on jitters around the waning AI-driven rally.

The plunge appears exacerbated by profit-taking following the launch of Europe’s first staked TAO exchange-traded product (ETP) by Safello.

It initially sparked a major rally, but bulls have since failed to sustain momentum.

Broader crypto market sell-off

The cryptocurrency ecosystem has suffered a substantial loss, with over $250 billion evaporating in market value within 24 hours, culminating in a 5.8% contraction in overall market capitalisation to $3.4 trillion.

Bittensor’s underperformance against Bitcoin, down 6% to near $100,000, and top altcoins, in relative terms, highlights TAO’s vulnerability in a risk-off environment.

#BTC is at a critical level.

Multiple closes below the 50W would confirm the top being in as it always has each cycle.

Regardless of whether the top is in, or if we go slightly higher, I still think 2026 will be a bear market, just like all prior midterm years. pic.twitter.com/4T9fAsQchs

— Benjamin Cowen (@intocryptoverse) November 4, 2025

Sentiment is in the fear zone.

This outlook sees Ethereum down 8% to $3,340, breaching key support at $3,550 and erasing 18% over the week.

Solana and XRP have also posted key losses, and liquidations across derivatives markets exceeded $1.13 billion.

A lot of the downbeat sentiment is the reaction to Federal Reserve officials’ remarks that have cut bets for a December rate cut.

Meanwhile, Wall Street jitters have seen US spot Bitcoin and Ethereum ETFs log four consecutive days of outflows.

The Balancer crypto hack incident also dented sentiment.

“The latest $128M Balancer exploit is a reminder of something fundamental: most smart contracts today rely on audit-based hope. Developers write complex code, auditors review it, and everyone hopes there are no hidden logic flaws. But hope isn’t assurance,”Bitcoin finance platform Blockstream noted on X.

 

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The BNB price dropped more than 8% in 24 hours to trade at intraday lows near the $900 mark, with this comimg as selling pressure across cryptocurrencies intensified.

Switzerland-regulated platform Fulcrum has announced the launch of its crypto-backed loans and lending platform, supporting top coins and stablecoins.

Bitnomial, a Chicago-based derivatives exchange, confirmed support for Ripple USD as margin collateral. The platform is the first to make such a move.

CME Group, or the Chicago Mercantile Exchange, saw a significant jump in cryptocurrency futures trading volume in October.

• Solana spot exchange-traded funds saw net inflows of over $70 million on November 3, 2025.
• The SOL spot ETF inflows hit a new daily high despite the token’s price dip.
• Bulls target a flip to $200, but failure could push price to the psychologically important $100 mark.

While Solana price traded lower, exchange-traded funds (ETFs) tied to the token continued to attract significant investor interest.

On November 3, 2025, amid broader market uncertainties, Solana spot ETFs achieved $70 million in net inflows.

The mark was a record-breaking daily high that came as both Bitcoin and Ethereum spot ETFs witnessed notable outflows.

Solana spot ETFs see $70 million in daily inflows

Solana spot ETFs experienced a surge in inflows, reaching a new daily high of $70 million on November 3, 2025.

Meanwhile, the SOL token fell to a low of $166 on Monday and extended its decline to $155 by November 4.

Price declines reflect broader market jitters, possibly influenced by macroeconomic factors, including interest rates.

According to on-chain data, a significant number of bullish bets were liquidated amid the rot.

🚨New: As $SOL dipped below $165, Onchain protocols on Solana recorded $177 million in long positions liquidated, while centralized exchanges saw an additional $153 million worth of positions wiped out. pic.twitter.com/5MS5yTtNBW

— SolanaFloor (@SolanaFloor) November 3, 2025

Despite the ongoing dip in the price of SOL, the Solana spot ETFs are seeing an influx of capital.

That’s in contrast to the trends observed in Bitcoin and Ethereum ETFs.

On November 3, Bitcoin spot ETFs recorded net outflows of $187 million, marking the fourth consecutive day of capital withdrawal.

Similarly, Ethereum spot ETFs saw $136 million in net outflows, also extending to a fourth straight day.

In comparison, Solana spot ETFs posted $70.05 million in net inflows, with this the fifth consecutive day of positive flows for the top 10 altcoin.

Inflows highlight investor confidence in Solana’s ecosystem.

A higher proportion of the inflows flowed into Bitwise’s BSOL ETF, which accounted for $66.5 million of the total. Grayscale’s GSOL saw $4.90 million.

Overall, US Solana spot ETFs have attracted a total of over $269.2 million in net inflows and over $513 million in net assets.

Solana’s ability to attract funds despite price weakness indicates a maturing investor base that prioritizes long-term potential over short-term fluctuations.

SOL price outlook

As of November 4, 2025, SOL is trading near $161, down 8% in 24 hours.

This comes as bears push it further off its recent high above $200 at the end of October.

Over the past week, the token has declined by about 20%, and by 30% in the past month amid heightened downward pressure.

This short-term downturn extends October’s downturn and threatens to wipe out gains seen between April and September.

At the time, SOL prices jumped from lows of $105 to near $250.

While bullish forecasts see SOL hitting new all-time highs before the end of 2025, cautious expectations indicate a potential retest of lower levels before bulls take control.

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• Decred price jumped to highs of $65 before paring gains to a key support level.
• Gains came as privacy coins Zcash and Dash also spiked to the defy broader market dump.
• DCR could target $100 next after hitting the four-year highs.

As top coins slip to or below key levels, Decred (DCR) and a few others have bucked the trend with notable spikes.

The widespread cryptocurrency market slump has seen Bitcoin, Ethereum, and XRP fall sharply, yet Decred is soaring to heights not witnessed since 2021. All this comes as Zcash and Dash stand out amid the ongoing resurgence of privacy-focused assets.

Decred jumps to 4-year high of $65

Decred’s price exploded more than 150% in 24 hours to touch a four-year peak above $65, with this coming amid a broader crypto downturn.

The breakout follows bulls decisively breaching the resistance of a long-term falling wedge, with $40 a key level that allowed DCR to hit highs of $65.78. While the pattern remains in place on the longer term time frame, a little paring of gains has Decred price near $40 and risking profit taking flip.

What fueled the early Tuesday surge was a staggering increase in trading volume, which skyrocketed over 1,100% to over $172 million. It offered a glimpse of the sharp buyer interest in the coin as privacy coins see traction.

Zcash, Dash also surge

Decred’s gains mirrored a broader revival in the privacy coin sector, where Zcash (ZEC) and Dash (DASH) have recently defied bears. In October, Zcash and Dash both rose to key levels, the ZEC spike seeing the altcoin hit 7-year highs.

While Zcash has been the frontrunner in this pack, privacy coins such as DASH, Railgun, Horizon, Tornado Cash, and Verge have notched gains.

Can Decred price go to $100 next?

What privacy coins’ collective rally speaks to is a market rotation, with assets offering financial anonymity and robust fundamentals attractive.

In this case, Decred stands out for its hybrid proof-of-work and proof-of-stake model, which emphasizes decentralized governance and enhanced security.

The project recently highlighted its privacy credentials, noting non-custodial peer-to-peer mixing with post-quantum encryption. Users can mix coins while staking for untraceable histories and anonymous governance.

Also key is DCR’s finite 21 million coin cap, pointing to a potential supply shock as holdings on exchanges like Binance continue to decline.

Analyst Captain Faibik pointed to a potential spike in DCR price.

Don’t forget about $DCR 👀

It’s quietly setting up for a Strong move so keep it on your radar! 🚀#Crypto #DCR #DCRUSDT pic.twitter.com/cd5gdWdm2L

— Captain Faibik 🐺 (@CryptoFaibik) November 3, 2025

While currently trading at $40.24, Decred still has potential for strong upward momentum.

However, bulls have to show they are firmly in control by maintaining support above the $40 level. This could pave the way for further gains, potentially targeting $70 or beyond. Bulls hitting $65 means a fresh rally could bring $100 into play.

On the flipside, $32 and $25 could be key demand reload zones.

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Dogecoin price fell by double digits to near $0.16 as the cryptocurrency market experienced a significant dip on Monday, November 3.

• BitMine buys 82,353 Ethereum tokens as holdings reach 3.4 million.
• Crypto and cash treasury stands at $13.7 billion.
• BitMine hits 2.8% of the targeted 5% of the Ethereum supply.

BitMine Immersion Technologies, a leader in cryptocurrency mining and advanced cooling solutions, has significantly bolstered its position in the digital asset space.

The company has revealed a substantial increase in its Ethereum (ETH) reserves.

BitMine ETH holdings hit 3.4 million

BitMine’s increasing commitment to Ethereum is again evident following another buy-the-dip move.

Despite price declines, the publicly-listed company has bumped up its holdings to become the world’s second-largest corporate treasury strategy.

Thomas Lee of Fundstrat, and chairman of BitMine, noted:

“We increased our cash holdings to $389 million (from $305 million) and acquired 82,353 ETH tokens over the past week pushing our ETH holdings to 3.4 million, or 2.8% of the supply of ETH. We are now more than halfway towards our initial pursuit of the ‘alchemy of 5%’ of ETH.”

BitMine now owns 2.8% of the ETH supply, a milestone that sees the company surpass the halfway mark of the targeted 5%.

BitMine has amassed its ETH holdings strategically over the past several months, capitalising on ETH’s low price and growing ecosystem.

When combined with its Bitcoin reserves of 192 BTC valued at $62 million, and cash of $389 million, BitMine’s overall crypto and cash holdings have surged to $13.7 billion.

Interest in ETH is growing

BitMine is among a growing number of publicly listed firms shifting away from their traditional operations, including cryptocurrency mining, as they diversify in response to broader digital asset adoption.

Wall Street has seen a marked increase in such pivots, with several companies aiming to emulate the approach that established Strategy as the world’s leading corporate crypto treasury.

Analysts note that BitMine’s move, along with similar strategies by peers, reflects rising institutional interest in the sector.

The approval of Ethereum exchange-traded funds in 2024 has drawn billions of dollars into the asset, while corporate treasury strategies — particularly those involving staking in tokens like ETH and SOL — have emerged as the next phase in the digital asset expansion.

BitMine’s milestone reinforces Ethereum’s enduring appeal, potentially setting a benchmark for peer firms eyeing similar diversification.

And Lee says the recent price dip offered a reset that could prove key for the Ethereum price.

“Crypto suffered its largest ever liquidation event on October 10th, and open interest on ETH (per coinalyze.net fell -45% in the past 8 weeks (the largest ever decline in the history of ETH). This reset is healthy and sets the stage for price and fundamentals to eventually converge,” Lee stated.

Ethereum’s price hovered at $3,622 on November 3, 2025, down 6% in the past 24 hours and 14% in the past week.

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Prediction markets have a new product offering targeting entertainment fans, thanks to a key partnership between Crypto.com and Hollywood.com.

The Ethereum Foundation has introduced a new grant structure for the Ecosystem Support Program to further innovation and adoption on the Ethereum blockchain.

Ripple has expanded its presence in the U.S. market with the rollout of the digital asset spot prime brokerage, bringing OTC spot transactions to U.S. clients.

• ZIGChain price was up nearly 3% as bulls targeted $0.1.
• Gains came as SEGG Media announced plans to buy ZIG as part of a $300 million treasury strategy.
• Institutional investors could enhance ZIG’s credibility.

ZIGChain price hovers near $0.08, but could target key levels as a significant development emerges from the intersection of traditional finance and web3 innovation.

Nasdaq-listed SEGG Media Corporation announced a bold $300 million strategic initiative to integrate blockchain technology into its sports and entertainment operations.

SEGG plans a notable focus on accumulating ZIG, the native token of ZIGChain.

SEGG Media to buy ZIG from $300 million treasury strategy

SEGG Media (formerly Lottery.com Inc.) has disclosed an ambitious plan to allocate a portion of its newly established $300 million Digital Asset Treasury toward acquiring ZIG.

The strategy dedicates 80% of the treasury to a multi-asset crypto portfolio.

It includes Bitcoin, with validator-based income generation on networks like Ethereum, Solana, and ZIGChain.

The remaining 20% will be used for acquisitions.

SEGG also targets pilot programs for tokenizing assets such as athlete intellectual property and fan stakes.

More in store for the benefit of ZIGChain

A memorandum of understanding with ZIGChain outlines a collaborative effort to tokenize SEGG Media’s sports and entertainment businesses.

The firm plans to leverage ZIGChain’s infrastructure for real-world asset tokenization.

The partnership also aims to launch a trading platform on Sports.com and Concerts.com, enabling tokenized teams, bands, and events.

SEGG Media’s CEO, Matthew McGahan, has emphasized the company’s mission to bridge traditional markets with blockchain innovation.

ZIGChain’s founder, Abdul Rafay Gadit, also highlighted the milestone this represents for institutional blockchain adoption.

ZIGChain price: How high can ZIG go?

The strategic accumulation of ZIG by a Nasdaq-listed entity like SEGG Media has sparked speculation about the token’s price trajectory.

ZIG is currently trading at $0.086, according to CoinMarketCap data, with a 24-hour trading volume of $2.48 million.

While the price has tanked towards new year-to-date lows since flipping from highs of $0.12 in April, ZIG remains well above the all-time lows of January 2023.

Mainnet launch, which occurred recently, has the network eyeing growth.

Just a month into the mainnet launch, ZIGChain has recorded over 1 million transactions.

More significantly, the involvement of a $300 million treasury could inject significant liquidity into the ZIGChain ecosystem, potentially driving demand and price appreciation.

If SEGG Media’s allocation mirrors the enthusiasm seen in related trends, ZIG could see a short-term surge to mirror current outperformers.

A retest of $0.10 could allow bulls to aim for $0.12 and potentially $0.15.

Buyers reached these highs in December 2024.

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• Bittensor’s native token TAO has surged 18% to $490.
• The altcoin has outpaced other top gainers amid a broader market uptick in AI-related projects.
• Bulls have eyes on a breakout above $500.

Bittensor’s TAO token has experienced a sharp rise, climbing double digits to hover just shy of the $500 psychological barrier.

The TAO price had hit an intraday high of $490 at the time of writing.

The move has driven TAO to the top of daily gainers lists, surpassing even privacy-focused coins like Zcash, which had jumped 15% in 24 hours.

ETP hype and AI traction help Bittensor price

The latest catalyst for TAO’s ascent traces directly to institutional advancements.

In particular, as analysts continue to ponder whether the decentralized AI project has the potential to flourish into the Nvidia of crypto. More on this later.

More of the latest gains for TAO come after the October 29 announcement of the world’s first staked Bittensor Exchange Traded Product (ETP).

Deutsche Digital Assets and Safello launched the ETP, which went live as fresh digital asset investment product hype resurfaced.

Bittensor’s growing network and the ETP rollout seem to have come just at the right time for the project- hence TAO’s price gains.

Secured by BitGo Europe and domiciled in Liechtenstein, the product bridges traditional finance with decentralized AI, potentially unlocking billions in European institutional capital previously sidelined by regulatory hurdles.

What’s next for TAO price?

TAO’s price outlook is predominantly bullish. That’s despite it being tempered by inherent crypto volatility and macroeconomic headwinds in the short term.

A sustained close above $500 could catalyse a breakout to $700.

These are the highs seen in December 2024, and above that, bulls will be targeting a new all-time high.

In March 2024, bulls reached the all-time peak of $767.

Crypto analyst Dread Bongo shared this outlook about the token.

This top band on $TAO should act like a magnet here..

– Broken out of year long downtrend
– First ever #Bittensor Halving in 40 days
– Subnet products going live
– Major ecosystem upgrades coming
– Alpha's bottomed out
– Huge subnet partnerships and developments

People are now… pic.twitter.com/rH9hJwPGcY

— ＤＲＥＡＤ ＢＯＮＧＯ (@DreadBong0) October 31, 2025

Nvidia of crypto?

Data from CoinGecko shows that the artificial intelligence token category is marginally lower, with a 1.2% dip in total market capitalisation.

Top AI-linked cryptocurrencies such as NEAR Protocol, Internet Computer, Story, and Render have posted 24-hour gains of 2–4%.

Bittensor (TAO), however, has outperformed the group, surging 18% in the past day to maintain its position as the largest AI token by market cap at $4.69 billion.

The rally in Bittensor comes amid renewed investor enthusiasm for artificial intelligence, fueled by gains in AI-focused equities following recent developments from Nvidia and Microsoft.

Yet as investment in Bittensor funds further validates traction, whale accumulation and halving sentiment may be huge catalysts to watch.

 

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