Nov 7, 2025
Rootstone's Market Overview
The crypto market extended its October rout this week, with $Bitcoin dipping below $100K for the first time since June amid $16B in long liquidations and 4.65M dormant BTC reentering circulation—triggering profit-taking and fading ETF demand.
Fed Chair Powell's hawkish November 6 comments on pausing December cuts poured cold water on risk assets, while the ongoing U.S. government shutdown (now day 45) delays SEC ETF approvals, heightening volatility.
