By 2 p.m. Eastern, BTC was down 2%, ethereum ( ETH) had fallen 3.8%, and traders were watching the smaller caps light up the scoreboard.
The aptly named soon (SOON) shot up 63.75%, internet computer (ICP) spiked 33.53%, and MINA added 25.80% to its tally. ALEO climbed 18.26%, filecoin (FIL) rose 18.15%, CCD rallied 17.11%, XTZ gained 12.19%, BAT lifted 11.02%, and zcash (ZEC) zipped up 9.17%.
At 2:19 p.m. Eastern time on Thursday, Nov. 6, 2025, bitcoin exchanged hands on Bitstamp for $101,818 per unit.
The heavyweight cryptos didn’t share the same luck. XRP dropped 3.24%, SOL fell 3.62%, and HYPE’s name did it no favors — it sank 7%. The meme token DOGE wagged its tail downward by 4.2%. The biggest nosedive came from plasma (XPL), cratering 18.46%. Telcoin (TEL) tumbled 14.99%, while decred (DCR) shed 13.79% against the dollar. Virtual protocol (VIRTUAL) took a 13.01% hit, landing at $1.23.
SPX6900 (SPX) wasn’t spared, sliding 11.43% to $0.6384. ZK tripped 10.90%, and PUMP deflated 10.21% to $0.003765. Zebec Network (ZBCN) shrank 8.75% to $0.003119, toshi (TOSHI) dipped 8.69% to $0.0005175, berachain (BERA) lost 8.54% to $1.40, and aster (ASTER) closed the crimson parade with an 8.50% fall to $1.01.
Market analysts can’t agree on who’s wrecking the crypto party — some are side-eyeing President Trump’s tariffs and the revived trade war chatter, while others pin the blame on the Nikkei’s slide and whispers of an AI bubble about to pop. And then there’s the “silent IPO” theory, suggesting the OGs are quietly cashing out during bitcoin’s big-league debut.
While bitcoin and ethereum are getting bruised, the altcoin ring — aside from a few stubborn privacy coins — looks like a total slaughterhouse. Tokens of every flavor are bleeding out as traders ditch anything that doesn’t come with brand-name clout. From meme coins gasping their last breath to once-hyped darlings in free fall, it’s pure crypto carnage — skip the popcorn, grab a helmet.
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