AscendEX Web3 Weekly | November 17–23, 2025

Nov 24,2025

Editor's Note This week, the total crypto market cap declined approximately 10.14% to $2.85 trillion, with Bitcoin falling from around $95,500 to near $86,000, down over 9%. This pullback reflects heightened macroeconomic uncertainty, including Fed minutes signaling reduced rate cut expectations and signs of global liquidity tightening. Fund flows turned cautious, with institutions showing net outflows via ETFs totaling $379 million, highlighting a drop in short-term risk appetite. Despite this

US Election Uncertainty Drives Crypto Retreat, Bitcoin below $100k

Nov 06,2025

Executive Summary Bitcoin experienced its most significant weekly decline in months, dropping below the $100,000 psychological barrier for the first time since late June 2025 as U.S. election uncertainty and Federal Reserve rate cut doubts triggered a broad risk-off rotation across cryptocurrency markets. The week saw Bitcoin plunge from $109,556 (October 31) to $103,878 (November 6), marking a -5.3% weekly decline amid $2.09 billion in total liquidations primarily affecting long positions. Eth

Market Consolidates as Institutional Sentiment Fluctuates

Oct 30,2025

Executive Summary Bitcoin held steady around $110,000 after a volatile October, marking a near-flat weekly close with monthly decline of about 3%. Ethereum saw significant ETF outflows totaling $93.6 million on October 24, with BlackRock's ETHA leading withdrawals at $101 million while ETH experienced a modest inflow of $7.4 million, reflecting mixed institutional sentiment. The market displayed defensive rotation with privacy coins and exchange tokens gaining relative strength. DeFi protocols

Options Market Surges as Institutions Deploy $40B Hedging Strategy

Oct 23,2025

Executive Summary: Bitcoin's options open interest exceeded futures by a record $40 billion as institutions aggressively deployed hedging strategies during seven consecutive days of market decline, with BTC consolidating around $107,600 (-0.42% weekly) in its worst October performance since 2015. Despite $101.29M Bitcoin ETF outflows and $18.77M Ethereum outflows on October 22, public companies increased BTC holdings to 1.02 million tokens ($117B, +28% quarterly) while whales strategically rebu

Trump Tariff Shock Triggers Historic $19B Liquidation Amid Institutional Surge

Oct 16,2025

Executive Summary: President Trump's October 11 announcement of 100% tariffs on Chinese tech imports triggered the largest liquidation event in crypto history, erasing $19 billion in leveraged positions and sending Bitcoin tumbling 17% from its $126,000 all-time high to $104,782 within hours. Despite the geopolitical shock, institutional adoption reached unprecedented levels with 172 companies holding $117 billion in Bitcoin (4.87% of supply) and Ethereum institutions controlling 12.5 million E