According to Binance’s own market update, total crypto market cap recently dropped below ~$3.1 trillion.

$BTC Bitcoin — the market bellwether — has seen heavy pressure: after losing more than 20% in November, it briefly dipped under its $100,000 resistance zone.

Still, there are glimmers of renewed interest: Bitcoin’s “Coinbase Premium” — a gauge of U.S. buying demand — turned positive in recent days, suggesting U.S. institutional or retail investors may be stepping in again.

But sentiment remains fragile: only a small fraction of major tokens are outperforming, and overall market breadth is weak.

Binance announced that on Nov 29, 2025, it will list GAIX on its internal “Binance Alpha” platform — and users with 256+ Alpha Points can claim 400 free GAIX tokens during the airdrop.

This is part of Binance’s ongoing efforts to add fresh projects and incentive-driven listings, which may attract traders looking for early-stage token opportunities. There’s concern within the market that large recent inflows of $BTC into Binance (so-called “whale inflows”) — reportedly around US $7.5 billion in the past 30 days — may signal increased sell pressure ahead. Historically, similar spikes preceded sharp BTC declines.

Liquidity seems to be thinning, and with technical indicators pointing to weak momentum, the probability of further downside remains elevated — particularly if negative macro or regulatory news arrives.