Crypto Market Update: Bitcoin and Ethereum Dip, Zcash Surges - November 7, 2025, 10:00 AM IST
Bitcoin falls 2.02% to $102K on rising volume, Ethereum slides to $3.3K, Zcash surges 18% amid strong volume growth, XRP drops nearly 6% on high volatility, November 7, 2025.
Friday trading shows widespread volatility with significant movements across top cryptocurrencies amid elevated trading volumes:
- Bitcoin declines 2.02% to US$102,000 on a volume rise of 7.98% to US$987.9M, funding rate steady at 0% reflecting balanced futures positioning despite the price correction.
- Ethereum drops 3.5% to US$3,300, with volume increasing 6.76% to US$629.63M and funding at 0.03%, signaling cautious trading sentiment amid price weakness and profit-taking.
- Zcash rebounds strongly, soaring 18.21% to US$589.82 on a volume jump of 19.79% to US$236.45M. Funding at 2.54% indicates aggressive bullish positioning and speculative interest.
- XRP slips sharply 5.77% to US$2.212, with volume down 18.4% to US$221.63M, funding rate at 0.45% suggesting increased volatility and possible profit-taking after recent gains.
Market Insights
- Bitcoin and Ethereum corrections come amid rising volumes, signaling active rotation and profit-taking phases.
- Zcash's breakout on strong volume and funding rates highlights renewed altcoin appetite among traders seeking growth opportunities.
- XRP’s sizable drop contrasts with broader market moves, implying short-term volatility and potential consolidation ahead.
LuwakTech’s advanced analytics deliver live volume, funding, and price data to help traders navigate volatile markets and identify strategic trading opportunities for Q4 2025.
