Global cryptocurrency market capitalisation rose to around $3.57 trillion on 10 November 2025, with Bitcoin trading above $106,000 and key altcoins such as Ethereum rising near $3,600. This gain followed improved liquidity metrics and reduced borrowing demand from the federal-reserve repo facility, reflecting easing stress in the financial system. Analysts caution that while upside momentum is visible, the market remains vulnerable to macro-policy shifts and regulatory uncertainty across jurisdictions, especially in light of recent token-unlock schedules.