Crypto Markets Today: BTC Price Holds $103K as Altcoins Consolidate on 'Fearful' Sentiment
On November 13, 2025, Bitcoin (BTC) held steady near $103,000 while ether (ETH) rose slightly to approximately $3,500. The altcoin market faced notable declines, particularly with AERO plummeting by 18% after announcing a merger with Velodrome. Other altcoins like STRK and FET also experienced double-digit losses. Market sentiment remained in a state of fear, highlighting a need for a definitive market catalyst. Trading volumes increased by 25%, indicating a preference for spot trading rather than leveraging on futures. Meanwhile, Bitcoin's open interest dropped 3.58% to $66.14 billion as traders opted for less risky positions. XRP emerged as one of the day's gainers, climbing 3.5% amidst developments in the options market. The average crypto relative strength index indicated negative sentiment, reflecting uncertainty among traders about imminent market movements. Overall, the crypto space appeared to be consolidating, with concerns regarding the strength of the dollar and its potential impact on risk assets like cryptocurrencies.
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