Crypto Market Update Tuesday November 10, 2026: Bitcoin at $73,907 (-1.94%)
Tuesday’s crypto market update is about one number. US inflation came in hotter than expected, and crypto fell further. Bitcoin trades at $73,907, down 1.94% since the 00:00 UTC daily open.
Sentiment stays in fear. Alternative.me’s Fear & Greed Index reads 32 (Fear), up from 29 yesterday. CoinMarketCap’s gauge reads 27. Both readings predate the inflation data.
Snapshot collected at 13:39 UTC on Tuesday 10 November, nine minutes after the inflation report. Crypto prices use Binance USDT pairs, shown in dollar terms. All daily crypto changes measure from midnight UTC. Macro changes compare with the previous close. US cash indices show Monday’s completed session.
Crypto Market Update: Key Movers Today
Ethereum trades at $2,067, down 3.21% today. It touched $2,028 after the data, a new low for the week. Ether is down 9.1% over seven days, about twice Bitcoin’s loss.
Every large cap is lower:
- Solana: $84.22, down 2.89% today. It dipped to $82.61 after the release.
- XRP: $1.07, down 2.60% today.
- BNB: $684.60, down 0.99% today.
- Cardano: $0.1765, down 0.51% today.
Outflows Keep Coming
ETF selling has not stopped. CoinDesk’s daybook cites Farside data showing US spot Bitcoin ETFs lost $201 million on Monday. Outflows since 2 November total about $1.5 billion.
BlackRock’s IBIT has now seen seven straight sessions of redemptions. The funds are down about $1.1 billion for the year. They took in more than $20 billion in each of the last two years.
Miners are selling too. MARA sold 13,597 BTC for about $1.1 billion over six weeks. It says it plans to sell more.
Macro Context: Inflation Beats Forecasts
The Bureau of Labor Statistics released October’s inflation report (CPI) at 13:30 UTC. Consumer prices rose 0.4% for the month. Economists expected 0.3%. September’s rise was 0.6%.
Core inflation strips out food and energy. It rose 0.3%, against a 0.2% forecast. It has now risen 0.3% for three months in a row.
Energy prices rose 0.7%, led by a 1.0% rise in gasoline. Food rose 0.5%. Shelter rose 0.3%. There is no annual figure this month, because the 2025 government shutdown left no October 2025 data to compare.
Why the Core Number Matters
Markets had already priced a 25 basis point rate hike on 9 December, CoinDesk reported this morning. The question now is size.
Fed Governor Christopher Waller set the bar on Monday. He said a 50 basis point hike should be considered if core CPI came in around 0.3% or higher. Today’s 0.3% meets that bar.
The 10-year Treasury yield traded near 4.89% before the release, according to CNBC. It peaked above 5.3% in October. A hot print usually pushes yields higher, which weighs on risk assets.
Stocks Rallied Yesterday
Wall Street bounced hard on Monday. The S&P 500 rose 2.35% to 7,550, its best day since April. The small-cap Russell 2000 jumped 3.15%.
Bitcoin did not join in. Today’s data now tests whether that stock rally can hold.
| Market | Latest level | Change versus previous close |
|---|---|---|
| S&P 500, Monday close | 7,550 | +2.35% |
| Russell 2000, Monday close | 2,841 | +3.15% |
| Nikkei 225, Tuesday close | 60,460 | +2.87% |
| FTSE 100, Tuesday snapshot | 10,834 | +0.47% |
| Brent crude futures | $90.30 | -2.45% |
| WTI crude futures | $85.17 | -1.93% |
| Gold futures | $4,081 | -0.82% |
| Silver futures | $52.27 | -0.57% |
Source: Yahoo Finance via the daily market snapshot. Futures quotes represent contracts, rather than spot commodity prices.
Oil kept sliding. Brent briefly dipped below $90 for the first time since August, on hopes of calmer relations with Iran. Sterling buys $1.340 and €1.197. Dollar-yen stands at 158.42.
What Does the Technical Picture Show?
Bitcoin’s range floor held, just. The post-release low was $73,525. The seven-day low is $73,510, only $15 below.
The seven-day high is $81,196. Bitcoin is down 4.6% over the week. The short-term trend still points down.
Three reference areas matter now:
- $73,510: the seven-day low. A completed daily candle below it would mark a fresh low for the move.
- $75,442: today’s high, set before the data. Reclaiming it would undo the inflation sell-off.
- $80,000: the round number lost last Thursday. It remains the main level above.
Ethereum has already broken its weekly low. Its new reference levels are $2,028 below and $2,137 above. These are observed references, not guaranteed support or resistance.
What Algorithmic Traders Are Watching
- Range floors. Bitcoin is $400 above its weekly low. Ether is already through its own. Breakout rules on the two may now disagree.
- Correlation breaks. Bitcoin ignored Monday’s 2% stock rally. Strategies that use the S&P 500 as a filter should check whether that link still holds.
- Supply from miners. MARA’s sales add steady selling. That kind of flow does not show up in price-only indicators.
Event Risk From Here
- Data-release fills. Prices moved fast around 13:30 UTC. Backtests that assume normal fills at release times may flatter results.
- Weak alts. Ether and Solana are falling faster than Bitcoin. Our strategy beta guide shows how to measure how much extra market exposure an altcoin rule carries.
- The US open. Stocks open at 14:30 UTC. A fall there could add a second leg to today’s move.
Arrow Algo’s visual builder lets users express conditions like these with no-code visual blocks. If users choose deployment, their rules send signals to their own exchange accounts. The exchange decides whether to accept and execute each order.
Crypto Market Update: What Is the Market Outlook?
The steadier path needs Bitcoin to keep holding $73,510. A move back above $75,442 would show buyers absorbing the inflation news. Recovering $80,000 would likely need ETF outflows to stop.
The weaker path is a completed daily candle below $73,510. That would put Bitcoin at fresh lows for the move, following Ether. Talk of a 50 basis point hike would add to that pressure through higher bond yields.
The next test is the US stock open. Systematic traders can plan for both outcomes without predicting either.
Disclaimer: This content is for educational purposes only and does not constitute financial advice. Trading involves significant risk and you should only trade with capital you can afford to lose. Past performance is not indicative of future results. Always conduct your own research before making any trading decisions.
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