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The post Market Plunge, BTC vs Gold, and Kazakhstan National Crypto appeared com. Nov 09, 2025 at 22: 11 // News A review of the top 5 most impactful cryptocurrency news stories from that week from Coinidol. com. This week was defined by a massive market correction that wiped out most of the year’s gains, contrasting sharply with critical regulatory and institutional moves that confirmed the industry’s long-term maturation. Market plunge and $400 billion wipeout The defining event of the week was a severe market downturn that saw nearly $400 billion wiped from the total crypto market capitalization between November 1st and November 8th. Bitcoin (BTC) briefly dipped below the $100,000 psychological threshold on November 4th, marking a retreat of over 20% from its early October high and officially confirming entry into “bear market” territory. This slump was fueled by a continuation of the liquidation cascade that began in late October, where leveraged long positions were aggressively closed, shattering investor confidence. The total crypto market value fell to approximately $3. 45 trillion. However, by the weekend (November 8th), the market showed signs of a strong technical rebound, with altcoins like Ethereum (ETH) and XRP leading the recovery, suggesting the worst of the deleveraging was over. JPMorgan views Bitcoin as “cheaper than gold” Contrasting the short-term volatility, institutional giants provided strong long-term structural support for Bitcoin’s value proposition. As Coinidol. com reported, on November 6th, analysts at JPMorgan published a report arguing that Bitcoin now appears “mechanically cheaper than gold” on a volatility-adjusted basis following the recent crash. The report suggested that Bitcoin has “significant upside” and would need to trade closer to $170,000 to be valued equivalently to gold’s private sector investment, strongly endorsing the digital gold narrative and signaling a buying opportunity. Central Bank of Ireland fines Coinbase €21. 5M The Central Bank of Ireland. Continue reading Market Plunge, BTC vs Gold, and Kazakhstan National Crypto→