U.S.-based Solana exchange-traded funds attracted more than $400 million in capital within days of their late October launch, according to Farside Investors and CoinShares. Bitcoin ETFs recorded $1.7 billion in net outflows during the same period, while Ethereum products lost $473 million. SOL currently trades near $156, consolidating below key resistance at $165 as institutional demand diverges from broader market trends.

USDX, a synthetic stablecoin issued by Stable Labs, fell below $0.60 on Thursday, down from a circulating supply of $683 million. Lista DAO reported monitoring vaults with abnormally high borrowing rates on USDX collateral without repayment activity. PancakeSwap advised users to review positions involving affected vaults, stating the platform will continue sharing updates as needed.

Matt Hougan, Chief Investment Officer at Bitwise managing $12 billion in assets, projects Bitcoin will rally into year-end and Q1 2026. He cites maximum retail desperation and market capitulation as indicators of a bottoming phase. The market is transitioning to institutional-driven trading, Hougan stated during a November 5 CNBC interview.

Bitcoin traded above $103,000 with a 1% gain in 24 hours after the week's decline. Technical analysts warn that sustained weekly closes below the 50-week moving average at $102,000 have historically preceded market tops. Year-to-date performance shows gold and the S&P 500 now outpace Bitcoin returns despite favorable conditions including rate cuts and regulatory developments.

Ark Invest CEO Cathie Wood has lowered her 2030 Bitcoin price projection to $1.2 million from $1.5 million, a $300,000 reduction. The revision reflects stablecoins increasingly capturing roles Wood initially expected Bitcoin to fulfill as a store of value and settlement system, according to CNBC. Despite the adjustment, Wood maintains a bullish outlook on Bitcoin, citing institutional adoption as a key growth driver.

ARK Invest CEO Cathie Wood lowered the firm's long-term bitcoin price projection by approximately $300,000, attributing the adjustment to stablecoins' expanding adoption in emerging markets. Wood noted that stablecoins now fulfill payment and savings functions previously expected for bitcoin, directly impacting ARK's bullish scenario modeling. The revision references ARK's earlier forecasts, though the firm had raised its 2030 bull-case target to $2.4 million in April.

Bitcoin accumulator addresses increased from 130,000 to 262,000 over a two-month period, representing 101% growth, data show. These holders acquired more than 375,000 BTC in the past 30 days. On November 5, deposits exceeded 50,000 BTC within 24 hours.

The Official Trump coin jumped 11.8% to $7.88 after President Donald Trump announced plans to make the United States the Bitcoin superpower and crypto capital of the world. The token outperformed the broader crypto market, which fell 1.3%, with daily trading volume surpassing $1 billion on major exchanges. Technical analysts identified a breakout from a falling wedge pattern, while on-chain data showed whale wallets accumulated $91 million in net inflows over three days.