Gate Research reported that Bitcoin fell below $100,000 this week for the first time since June, hitting a low of $99,932 and breaking below its 200-day moving average, marking the second-largest single-day drop of the year.
11/5/2025, 8:35:58 AM
Gate, a world-leading cryptocurrency trading platform, officially launches the Gate Travel VIP premium travel service. As a key upgrade to the platform’s VIP service system, it provides high-net-worth users with a one-stop personalized travel solution, further enhancing the platform’s value-added service ecosystem.
11/5/2025, 7:24:10 AM
On November 5, the cryptocurrency market continued its correction, with overall sentiment turning fearful. BTC fell 5.72% to 99,875 USDT, breaking below the psychological threshold and entering a weak consolidation range, while ETH extended its decline by 10.82%, losing support at $3,200. Despite the market pressure, tokens such as AIA (+140.04%), JELLYJELLY (+27.56%), and CUDIS (+47.25%) rose against the trend, standing out as bright spots in a bearish market. In the news, Bitcoin’s long-position funding rate has dropped by about 62% from its August peak, indicating cooling leverage demand; Ripple acquired Palisade to strengthen its enterprise custody infrastructure; and Forward Industries launched a $1 billion share repurchase plan and filed a PIPE resale supplement, helping to restore market confidence.
11/5/2025, 7:10:42 AM