1Price and market
- As of 8:43 AM ET, ahead of the opening bell, Bitcoin traded at $73,980: down 0.8% over 24 hours, 3.7% over 7 days and 11% over 30 days.Binance
- The hot CPI print at 8:30 AM ET knocked Bitcoin from $74,410 to $73,525 — a fresh 24-hour low — within five minutes; buyers lifted it back to about $73,900 by 8:40 AM ET.Binance
- The 24-hour range was $73,525–75,568: the high came Monday evening, and during the European morning the price drifted down toward $74,200.Binance
6 more facts
- Sunday's low of $73,510, the lowest since August, held for now: the CPI drop stopped just $15 above it.Binance
- Binance BTC/USDT spot volume over 24 hours was 12,679 BTC (about $947 million).Binance
- Bitcoin's market cap is about $1.49 trillion and the whole crypto market $2.50 trillion (down 3.5% in a day); BTC dominance is 59.7%, ETH 10.2%.CoinGecko
- Bitcoin sits about 41% below its record of $126,080 (Oct 6, 2025) and is down 30% over the year.CoinGecko
- Ether slipped to $2,069 after CPI, below Monday's low near $2,100; XRP is down for a sixth straight day at about $1.09, with RSI at 26.FXStreet
- The Coinbase premium to Binance stood at −0.14% (−$106) at 8:30 AM ET: US buyers are selling harder than offshore traders.Coinbase
2Technical analysis
- Daily RSI(14) is around 35: weak, but not oversold.Binance
- MACD at −1,748 is below its signal line at −1,406, histogram −341: downside momentum picked up again after easing this morning.Binance
- Price is below the 20-day EMA ($77,857), 50-day EMA ($79,129) and 200-day EMA ($76,737), all acting as resistance; the last EMA cross was a golden cross on Sep 16.Binance
8 more facts
- The 50-week moving average is $75,217, with price 1.6% below it; Galaxy says the bullish setup survives if the average is reclaimed within a month.The Block
- The 200-day simple moving average is $73,209 and the Mayer Multiple is 1.02: the post-CPI low of $73,525 stopped about $300 above it.Binance
- Crypto Finance sees support near $73,700 and a psychological floor at $70,000; BRN says a daily close (UTC) below $73,000 opens the way to $70,000.FXStreet
- Bitget Wallet flags $73,000–74,000 as the key zone, with $68,000 at risk below it; reclaiming $80,000 would be the signal of strength.CoinDesk
- Levels: support at $73,500 (Sunday and CPI lows), $73,200 (200-day SMA) and $72,000; resistance at $75,000, $75,570 (24-hour high above the 50-week MA) and $76,700 (200-day EMA).Binance
- The 200-week moving average is $67,984, about 9% below price; the Pi Cycle ratio is 0.50, far from overheated.CoinLab
- Fractals: the latest two-week stretch (−5.6%) resembles six past episodes, four of which were followed by gains (median +7.5%); the 50-day pattern went up 3 times out of 6 with a −0.4% median. Statistics, not a promise.CoinLab
- Before CPI, Polymarket priced a median of $74,405 for noon ET on Nov 11 (interquartile $72,883–75,712) and a 50.5% chance of an up day; our base case is a touch lower — $72,800–75,600 centered near $74,000 after the hot print.Polymarket
3Derivatives
- Crypto liquidations in the 24 hours to Tuesday morning totaled about $334 million, a third of the prior day; $95.9 million hit Ether and $89.3 million Bitcoin.Kucoin
- On Nov 9 liquidations topped $1 billion: $448 million in Ether, almost double Bitcoin's $272 million.CoinDesk
- Exchange liquidation feeds show about $16.5 million in BTC longs and $5.0 million in shorts wiped out over 24 hours: buyers are taking the hits.CoinLab
5 more facts
- Open interest in Binance BTC futures is 100,617 BTC (about $7.44 billion), up 2.9% in a day: traders added positions into CPI rather than cutting them.Binance
- Post-CPI funding: Binance 0.007% per 8 hours, Hyperliquid 0.01% (11% annualized), Bybit 0.005%, OKX near zero — longs are paying, without overheating.Binance
- Binance account long/short ratio is 2.77 (73.5% long); top traders are at 2.27: retail remains crowded on the long side.Binance
- Hyperliquid whales turned net short Bitcoin for the first time in seven months as of Nov 8, per Glassnode, with short exposure the largest since October 2025.Bloomingbit
- CoinLab's squeeze index is −31, tilted toward a long flush: retail is long and long liquidations run three times shorts.CoinLab
4Options
- Tomorrow, Nov 11, at 08:00 UTC, 1,881 BTC of options expire on Deribit with max pain at $75,000 and a put/call ratio of 1.08.Deribit
- The next large expiry is Friday, Nov 13: 33,020 BTC, max pain $77,000, put/call 0.60.Deribit
- The Nov 27 monthly expiry holds 76,848 BTC with max pain at $79,000; the Dec 25 expiry holds 140,998 BTC with max pain at $75,000.Deribit
3 more facts
- The DVOL volatility index is 39.7 (39.3 a week ago), implying a daily move of about ±2.1%, or ±$1,540.Deribit
- Total options put/call ratio is 0.73, with open interest of 341,054 BTC ($25.2 billion).Deribit
- On Nov 9, four of the six most-traded Bitcoin options were puts struck at $70,000–72,000, and one-week puts traded at a 13% premium to calls.CoinDesk
5ETFs and institutions
- Spot Bitcoin ETFs lost $201 million on Nov 9, a third straight day of outflows: IBIT −$213.2 million, ARKB −$9.9 million, with only MSBT taking in money (+$22.1 million).Bloomingbit
- Over Nov 2–6 the funds lost $1.28 billion (IBIT $1.21 billion); year-to-date net flows stood at −$914 million as of Nov 6.The Block
- Miner MARA has sold 13,597 BTC for about $1.1 billion since late September — roughly 40% of its stack — and plans to sell more to fund AI data centers.CoinDesk
4 more facts
- MARA reported Q3 net income of $632 million, but $885 million of that was a paper gain on Bitcoin; revenue fell 35% to $164 million.CoinDesk
- Strategy bought 1,036 BTC for $81.9 million over Nov 2–8 and now holds 850,364 BTC at an average $75,456 — about 2% above the price at publication.The Block
- 181 public companies hold 1.30 million BTC (6.2% of supply), worth about $97 billion; after Strategy the largest are Metaplanet (44,000 BTC), Twenty One (43,514) and Strive (43,153).CoinGecko
- Ether ETFs lost $365 million over Nov 2–6, their sixth straight week of outflows.Startupfortune
6Sentiment and on-chain
- The Fear & Greed Index is 32 (Fear), versus 29 yesterday, 26 a week ago and 61 a month ago; the one-year average is 31.alternative.me
- CoinLab's market temperature reads 28 out of 100: across eight cycle metrics the market is in the cold zone, where buying has historically beaten selling.CoinLab
- MVRV is 1.42 (as of Nov 2), the 33rd historical percentile: the average holder is about 42% in profit.Coinmetrics
5 more facts
- The short-term holder cost basis is about $75,757 (as of Nov 3): price is 2.4% below it, so recent buyers are underwater and tend to sell into rallies.Bgeometrics
- Long-term holders cut balances by 248,000 BTC (about $17.4 billion) in Q3, nearly three times what ETFs bought over the same stretch.21shares
- Stablecoin supply is $293.7 billion, down 1.6% in a week and 4.6% ($14.1 billion) in 30 days: no fresh money is coming in.Defillama
- Galaxy notes that in the 2011–12 and 2019–20 bear markets Bitcoin also lost the 50-week average after first reclaiming it, yet the prior weekly-close low held; this cycle's low is $59,517 (Jun 28).The Block
- Polymarket's November odds (pre-CPI): 40.5% for a touch of $80,000, 75.5% for $72,500 and 51.5% for $70,000 — bettors lean toward further downside.Polymarket
7Mining
- Hashrate is about 966 EH/s; difficulty is 148.4 T.mempool.space
- The next difficulty adjustment is due around Nov 13 (441 blocks left, 78% through the epoch), estimated at −6.9% as miners unplug after the price drop; the last one was +5.5%.mempool.space
- Hashprice was $32.86 per PH/s per day as of Nov 2 (down 8.7% on the week), below its 30-day average of $37.49, and miner revenue has fallen further since the weekend drop.Hashrateindex
3 more facts
- MARA is pivoting to AI: it is closing the purchase of the 485 MW Long Ridge gas plant and expects two data-center leases by year-end.CoinDesk
- Fees are at rock bottom: 3 sat/vB for fast confirmation and 1 sat/vB within an hour.mempool.space
- Block height is 975,303, with 74,697 blocks to the halving (expected around April 2028).mempool.space
8Macro
- October CPI came in hot: +0.4% month over month vs. +0.3% expected (September +0.6%), with core at +0.3% vs. +0.2%; there is no year-over-year figure because of data lost in the 2025 shutdown.Bloomingbit
- S&P 500 futures fell after the print; before it they were already down 0.5%, and Nasdaq-100 futures down 1.2% on Nvidia's troubles.CNBC
- The 2-year Treasury yield had already climbed more than 7 bp to 4.62% before CPI, and the 10-year rose to 4.89%: yields remain near their highs.CNBC
7 more facts
- Fed Governor Christopher Waller said he is leaning toward a December hike even if inflation cooled, and that a hot reading could justify a 50 bp move.CoinDesk
- The Fed funds rate is 3.75–4.00%; CME FedWatch prices a 25 bp hike on Dec 9 to 4.00–4.25%. Polymarket before CPI: 87.5% for +25 bp, 7.2% for +50 bp or more, 6.5% for no change.Polymarket
- On Monday the S&P 500 rose 2.35% to 7,549.94, its best day since Apr 8, and the Nasdaq gained 2.74% to 25,253; Bitcoin barely joined the rebound.Mymotherlode
- Nvidia fell 4.27% to $178.67 on Monday on a board probe involving Jensen Huang, even as the semiconductor index jumped 6.85%.Fool
- WTI crude is near $84 (down 2% in a day) and Brent below $90; gold lost more than 1% to under $4,100; the dollar index is 101.8 and the VIX 20.2.CoinDesk
- Anthropic withdrew IPO terms circulated to bankers — about 867 million shares at $70–80 — calling them inaccurate and promising an updated filing.CoinDesk
- Still ahead this week: Veterans Day on Wednesday (bond market closed), PPI on Nov 13, Fed minutes on Nov 18 and PCE on Nov 25.CoinDesk
9Regulation and events
- Iran told the US to stop "fake news" about talks and accept seven conditions to end the war: a Strait of Hormuz deal is not close.Investinglive
- Sen. Elizabeth Warren pledged closer scrutiny of prediction markets and the Trump family's crypto ventures.The Block
- After the CLARITY Act stalled in the Senate, the SEC and CFTC signed a memorandum of understanding on Nov 3 and are writing crypto rules without legislation.Mondovisione
6 more facts
- The SEC sent the White House draft rules for crypto broker-dealers covering capital and customer-asset custody.Crypto Briefing
- The NYSE plans to settle tokenized stocks on Avalanche as part of its planned 24/7 market.The Block
- Coinbase and PNC expanded their partnership so the bank's corporate clients can make USDC payments.The Block
- From Nov 12 the European Banking Authority takes over supervision of the USDC issuer's own funds, reserves and liquidity.CoinDesk
- Elliptic says launderers behind the Binance hack (about $6.3–6.4 billion since Oct 29) are minting homemade memecoins to move stolen funds.The Block
- CoreWeave, Bitdeer and eToro report after today's US close; Nvidia reports in just over a week.CoinDesk