[LIVE] Crypto News Today, November 3 – Why Is Crypto Crashing Again? BTC Price USD Defends $107K as Balancer Is Being Exploited for Over $70M – Best Crypto to Buy
BY
Ben Graham
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The crypto market saw a steep sell-off today, leaving traders searching for stability — and for the best crypto to buy during the downturn. The dump, which erased billions from total market value, came as investors reacted to a suspected $70 million DeFi exploit involving Balancer and renewed fears of overleveraged positions across altcoins.
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AI Sector Leads Decline After Last Week Pump And Balancer Exploit Adds Pressure to DeFi Market
The AI-focused crypto sector led losses, sliding 4.8% over the past 24 hours. Virtuals Protocol and ChainOpera AI each dropped more than 10%, erasing last week’s momentum.
Bitcoin stayed relatively stable compared to smaller coins, hovering around $107,500 after briefly dipping to $106,990. Ethereum slipped below $3,800, though analysts say a break above $3,875 could trigger a short squeeze. Liquidity remains heavy on the sell side, keeping traders cautious.
Across other categories, results were mixed. Dash surged over 33% in the PayFi segment, Internet Computer (ICP) jumped 20% among Layer 1s, and zkSync rallied 30% in Layer 2s despite that sector overall dropping nearly 2%. Meme and DeFi tokens stayed weak as traders rotated toward safer positions.
In breaking news, Balancer may have been exploited for roughly $70.9 million in digital assets, according to Nansen. The movement of funds included 6,850 osETH, 6,590 WETH, and 4,260 wstETH to a new wallet flagged by analysts.
While Balancer has yet to confirm an official breach, on-chain experts have called the transfers “highly suspicious.”
No exchange inflows have yet been detected, suggesting the attacker has not begun liquidating the stolen funds.
Meanwhile, President Donald Trump commented on Binance founder Changpeng Zhao (CZ) just days after pardoning him, saying, “I don’t know who he is.” Trump claimed the “war on crypto is over,” starting a new debate about U.S. policy toward digital assets and its influence on global markets.
Best Crypto to Buy Amid Market Volatility – Did oG Finally Find the Bottom?
Even in red markets, select tokens are showing strength. 0G (0G) climbed 44%, Aster (ASTER) rose 11.9% after Binance founder CZ revealed a $2.5 million personal stake, and Official TRUMP (TRUMP) gained 2.5% in 24 hours and over 25% in the last 7 days.
With Bitcoin defending $107K, volatility remains elevated. Analysts point to strong buy zones between $106K and $108K. Could this sudden dip provide the perfect entry for the best crypto to buy?
TRUMP Coin And PI Crypto Lead Recovery Week: Best New Crypto To Buy In November?
The TRUMP token is getting serious attention. What sets it apart is its direct link to US President Donald Trump’s crypto ventures. On any given day, the TRUMP token records a strong trading volume of over $500 million, making it one of the best cryptos to buy in November.
As of today, the TRUMP token is trading at , up by 1.4% in the last 24 hours and about 24% over the past week, outperforming most altcoins.
It is still down by 1.4% on the monthly chart, but shows resilience after the brutal Uptober that was not to be. During the 10 October 2025 market liquidation event, TRUMP followed the broader downturn, but held up better than most, trading between $5.70 and $6.10.
Since then TRUMP has started to recover. It surged from around $6.20 to a high of $8.52, beating Bitcoin’s (BTC) 5-7% rebound.
(Source: Coingecko)
The trading volume has surged in the last 24 hours and is now sitting at $833.26 million as per Coingecko’s data, representing an increase of 52.10% in market activity.
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CZ Doubles-Down on Aster: Will $2M CZ Crypto Bid Fuel $2 ASTER Price in November?
Binance founder Changpeng ‘CZ’ Zhao created a stir in the market over the weekend after revealing he had made a personal investment in the ASTER crypto token, which led to a sharp market rally for the struggling asset.
CZ took to X to publicly disclose that he had purchased 2,090,598.14 ASTER tokens, worth approximately $2 million, at an average price of $0.91 per token. He stated, “I bought some ASTER on Binance today with my own money. I’m not a trader; I bought it and I’ll hold it.”
The ASTER price surged following CZ’s announcement, rising from around $0.90 to $1.25, representing an increase of approximately 35%. It has since cooled down and is currently trading for roughly $1.07.
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Balancer Exploit Still Ongoing as Stolen Assets Surpass $116M Across Multiple Chains
The Balancer exploit continues to escalate, with total losses now surpassing $116 million across multiple chains. On-chain data shows several large wallets actively moving assets, including a whale address 0x0090, which reactivated after three years of inactivity to withdraw $6.5 million from Balancer shortly after the breach.
The situation remains critical as investigators track movements of stolen funds through mixers and cross-chain bridges. Users are urged to withdraw remaining assets immediately and avoid interacting with affected pools until Balancer confirms the exploit has been contained.
The post [LIVE] Crypto News Today, November 3 – Why Is Crypto Crashing Again? BTC Price USD Defends $107K as Balancer Is Being Exploited for Over $70M – Best Crypto to Buy appeared first on 99Bitcoins.