Crypto Price Today: Bitcoin holds near $106,000, Ethereum steadies around $3,600

Crypto Price Today: Bitcoin trades near $106,000, Ethereum holds near $3,600 as Global Market Cap Stands at $3.58 trillion
Crypto Price Today_ Bitcoin holds near $106,000, Ethereum steadies around $3,600.jpg
Written By:
Bhavesh Maurya
Reviewed By:
Sankha Ghosh
Published on

Overview:

  • The global cryptocurrency market cap rose 0.21% to $3.58 trillion, signaling cautious optimism led by Bitcoin’s stability and selective strength in altcoins.

  • Bitcoin and Ethereum maintained steady momentum, with institutional inflows and on-chain activity supporting market resilience.

  • Altcoins and memecoins showed mixed movement, with BNB and SOL holding firm while SHIB and PEPE reflected retail-driven consolidation.

As of November 11, 2025, the total global cryptocurrency market capitalization is $3.58 trillion. In the last 24 hours, the total cryptocurrency market capitalization increased by 0.21%. The cryptocurrency market overall appears solid, based on continuous inflows from the institutional side, partly led by overall improvements in sentiment across different chains, even as traders remain cautious in the face of larger macroeconomic data. 

Bitcoin (BTC): Trading Around $106K

Currently, Bitcoin is priced at $105,885 and has gone up 0.01% in the past day. The Bitcoin resistance level is at $110,000, and support is at an immediate level of around $101,800. 

After staying within the range of $102,000-$104,000, Bitcoin slightly increased as institutional flows and ETF momentum strengthened the near-term outlook. 

On-chain data indicate that long-term holders continue to accumulate. Additionally, exchange reserves remain at multi-year lows, resulting in less selling pressure and a healthy market structure.

Ethereum (ETH): Trading Around $3,620

Ethereum is priced at $3,577, decreasing by 0.42% in the last 24 hours. Resistance is around $3,900, while support is at $3,400. 

The rise of layer-2 roll-ups, staking participation, and institutional use cases has kept the ETH ecosystem growing. 

Ethereum’s network stability and developer support played a key role in the cryptocurrency’s long-term fundamentals despite slight volatility.

Also Read: Ethereum Long Position Turns Profitable as Market Rebounds

Altcoins

Binance Coin (BNB)

BNB is currently trading at $994.22, down 1.57% over the last 24 hours. Resistance is in place around the $1,030 mark, and support is at $960. 

BNB remains resilient during short-term fluctuations. With solid usage in DeFi, expanding ecosystems, and a regular cadence for token burns, BNB is another large-cap with strong fundamentals within the industry. 

Solana (SOL)

The current price of SOL is $168.03, an increase of 0.64% in the last 24 hours. Resistance is at $175, and the support is seen around $160. 

Solana continues its position as a major Layer-1 network, supported by a strong, diversified, and low-cost DeFi and NFT ecosystem around it, while getting more developer engagement. Its fast architecture, along with rising institutional acceptance, remains a key driver of sustained investor confidence.

Polkadot (DOT)

Currently, DOT is priced at $3.26 and is up 0.71% in the past 24 hours. Resistance is seen near $3.50 level, while support lies around the $3.10 level.

Polkadot’s cross-chain focus and rapidly growing parachain ecosystem are increasing both network utility and its capacity. Increased participation from developers and ongoing technical upgrades continue to reinforce DOT’s long-term potential in the multi-chain environment. 

Algorand (ALGO)

ALGO is trading at $0.1850, up 2.59% in the past day. Resistance is seen near $0.2000, whereas support is at $0.1700.

Algorand continues to gain traction through its expanding role in institutional finance, digital payments, and tokenized asset solutions. The continuous collaborations and the real-life applications of the blockchain attract more investors as they see the efficiency and scalability of Algorand.

Memecoins

Shiba Inu (SHIB)

SHIB is trading at $0.00001008, down by 0.004% in the last 24 hours. The resistance is seen near $0.00001080, with support near $0.00000950. 

Shiba Inu Token remains one of the most actively traded memecoins, buoyed by its active community and ongoing ecosystem development. Although short-term price action appears mildly consolidating, steady DeFi integrations and long-term utility initiatives support the interest in the SHIB project.

Pepe (PEPE)

PEPE is currently priced at $0.000006199, reflecting a 0.93% gain in the last 24 hours. Resistance is located around $0.000006600, while support is around $0.000005800.

Pepe remains strong due to strong social sentiment and speculative trading interest. The ongoing liquidity on big exchanges and continued on-chain activity signify growing engagement of retail traders and short-term investors.

Also Read: How Far Can TRUMP Memecoin Rise in 2025?

Market Outlook: Gradual Recovery and Selective Rotation

The 0.21% increase in the total crypto market cap is indicative of cautious optimism among traders, based on improved liquidity and ongoing participation. Regardless of whether altcoins take over, Bitcoin and Ethereum remain leaders of the broader market; however, the most significant altcoins continue to show promising technical setups. 

Memecoins are still garnering attention from traders, indicating that risk-on thinking may be spreading throughout the digital asset space. 

The slow and steady process of market recovery is signaled by institutional adoption, stakeholder behavior, and the continued rapid advancement of blockchain innovation. However, the short-term gains might be muted due to near-term volatility and macroeconomic uncertainty.

FAQs:

1. What is Bitcoin’s current price and outlook?
Bitcoin is trading near $105,885, showing stability as ETF inflows and long-term accumulation support a bullish long-term outlook.

2. How is Ethereum performing today?
Ethereum trades around $3,577, slightly lower, but remains fundamentally strong with rising staking and layer-2 adoption.

3. Which altcoins are showing strength in today’s market?
Solana and Algorand are gaining traction, supported by growing DeFi participation and real-world use cases.

4. What is driving gold-like stability in BNB?
BNB’s stability stems from steady token burns, strong DeFi growth, and robust participation in the BNB Chain ecosystem.

5. Are memecoins still attracting investors?
Yes, Pepe and Shiba Inu continue to see retail engagement, though price action remains range-bound amid market consolidation.

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