[LIVE] Crypto News Today, November 3 – Why Is Crypto Crashing Again? BTC Price USD Defends $107K as Balancer Is Being Exploited for Over $70M

The crypto market noticed a steep sell-off right this moment, leaving merchants trying to find stability — and for the most effective crypto to purchase in the course of the downturn. The dump, which erased billions from complete market worth, got here as traders reacted to a suspected $70 million DeFi exploit involving Balancer and renewed fears of overleveraged positions throughout altcoins.

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Bitcoin
BTC

$107,199.23

0.51%

Bitcoin
BTC

Value

$107,199.23

0.51% /24h

Quantity in 24h

$45.34B
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Ethereum
ETH

$3,694.61

0.99%

Ethereum
ETH

Value

$3,694.61

0.99% /24h

Quantity in 24h

$24.75B
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held key help ranges, however sentiment throughout most threat property turned damaging.

EXPLORE: 10+ Subsequent Crypto to 100X In 2025

AI Sector Leads Decline After Final Week Pump And Balancer Exploit Provides Strain to DeFi Market

The AI-focused crypto sector led losses, sliding 4.8% over the previous 24 hours. Virtuals Protocol and ChainOpera AI every dropped greater than 10%, erasing final week’s momentum.

Bitcoin stayed comparatively steady in comparison with smaller cash, hovering round $107,500 after briefly dipping to $106,990. Ethereum slipped under $3,800, although analysts say a break above $3,875 may set off a brief squeeze. Liquidity stays heavy on the promote aspect, conserving merchants cautious.

Throughout different classes, outcomes have been combined. Sprint surged over 33% within the PayFi section, Web Laptop (ICP) jumped 20% amongst Layer 1s, and zkSync rallied 30% in Layer 2s regardless of that sector general dropping almost 2%. Meme and DeFi tokens stayed weak as merchants rotated towards safer positions.

In breaking information, Balancer might have been exploited for roughly $70.9 million in digital property, in keeping with Nansen. The motion of funds included 6,850 osETH, 6,590 WETH, and 4,260 wstETH to a brand new pockets flagged by analysts.

Whereas Balancer has but to substantiate an official breach, on-chain consultants have referred to as the transfers “extremely suspicious.”

The @Balancer has been exploited for $70.6M together with funds:

– 6,587.44 $WETH value $24.46M– 6,851 $osETH value $26.87M– 4,260 $wsETH value $19.26Mhttps://t.co/p9FyqaWESW pic.twitter.com/JKDJYXaC31

— Onchain Lens (@OnchainLens) November 3, 2025

No change inflows have but been detected, suggesting the attacker has not begun liquidating the stolen funds.

In the meantime, President Donald Trump commented on Binance founder Changpeng Zhao (CZ) simply days after pardoning him, saying, “I don’t know who he’s.” Trump claimed the “conflict on crypto is over,” beginning a brand new debate about U.S. coverage towards digital property and its affect on international markets.

In a 60 Minutes interview, Donald Trump responded to questions on his pardon of Changpeng Zhao (CZ), founding father of Binance, saying, “I don’t know who he’s,” regardless of granting the clemency. Trump attributed the pardon to a “witch‑hunt” by the prior administration and emphasised…

— Wu Blockchain (@WuBlockchain) November 3, 2025

Greatest Crypto to Purchase Amid Market Volatility – Did oG Lastly Discover the Backside?

Even in purple markets, choose tokens are exhibiting power. 0G (0G) climbed 44%, Aster (ASTER) rose 11.9% after Binance founder CZ revealed a $2.5 million private stake, and Official TRUMP (TRUMP) gained 2.5% in 24 hours and over 25% within the final 7 days.

With Bitcoin defending $107K, volatility stays elevated. Analysts level to sturdy purchase zones between $106K and $108K. Might this sudden dip present the proper entry for the most effective crypto to purchase?

There are not any reside updates out there but. Please test again quickly!

The submit [LIVE] Crypto Information Immediately, November 3 – Why Is Crypto Crashing Once more? BTC Value USD Defends $107K as Balancer Is Being Exploited for Over $70M – Greatest Crypto to Purchase appeared first on 99Bitcoins.

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