Bitcoin and XRP Under Pressure from Geopolitics and Regulators

03.11.2025

The digital asset market began November 2025 with a noticeable downturn: the leading token Bitcoin (BTC) fell by approximately 2.7% over the past 24 hours to around $107,568, standing about 18% below its recent all-time high.   At the same time, XRP dropped by around 4.7%, and Ethereum declined by roughly 4.4%. The reasons behind this movement include geopolitical tensions (such as the threat of new U.S. tariffs against China) and cautious signals from the Federal Reserve indicating that an interest rate cut in December is not guaranteed. Higher rates and a strengthening U.S. dollar traditionally put pressure on riskier assets such as cryptocurrencies.   Analysts note that an important support level for Bitcoin is around $98,000. If this level is broken, a decline toward the $90,000–$74,000 range — or even $70,000–$60,000 — is possible.   Although the fourth quarter has historically been favorable for cryptocurrencies, the beginning of November has shown that this trend is not guaranteed in 2025 — investors are becoming more cautious and are closely watching macroeconomic and regulatory signals.