BTC falls below $109,000

- Cryptocurrency markets crashed on Nov 3, 2025, with $1.13B in liquidations as Bitcoin fell below $107,500 and altcoins dropped over 6% amid Fed policy uncertainty. - Federal Reserve Chair Powell's cautious stance on rate cuts and ETF outflows—including $1.15B from BlackRock—exacerbated sell-offs, boosting dollar strength and risk aversion. - October's "black swan" event—$19.37B in 24-hour liquidations—set the stage for November's turmoil, with Solana and Dogecoin losing 60–80% of value during prior volat

- U.S. Supreme Court will rule on Trump's IEEPA-based tariffs, testing presidential power limits under constitutional law. - Lower courts invalidated tariffs, arguing Congress retains tariff authority under Article I despite IEEPA's emergency powers. - "Major questions doctrine" could limit executive overreach, but conservative justices may split on emergency powers interpretation. - Trump threatens retaliation by reimposing tariffs via alternative statutes if IEEPA case fails, complicating but not halting

- Stellar (XLM) fell 8.2% in 24 hours amid November trends but shows strong fundamentals with 700% smart contract growth and $5.4B RWA volume. - Protocol 23 upgrade boosted scalability to 5,000 TPS, while partnerships with remittance providers and banks drive institutional adoption and low-cost transactions. - Historical backtests reveal XLM typically rebounds 5.3% within 5 days post-crash, though gains fade after 10 trading days due to market volatility. - Analysts highlight Stellar's real-world utility,