Crypto Market Update Tuesday November 3, 2026: Bitcoin at $77,808 (+1.29%)
Tuesday’s crypto market update shows a price bouncing while sentiment falls. Bitcoin trades at $77,808, up 1.29% since the 00:00 UTC daily open. It fell as low as $76,389 earlier today, then recovered.
Fear has deepened anyway. Alternative.me’s Fear & Greed Index reads 26 (Fear), down from 37 yesterday. CoinMarketCap’s gauge reads 35. The bounce has not yet changed the mood.
Snapshot collected at 13:32 UTC on Tuesday 3 November. 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 $2,305, up 2.29% today. Its session range is $2,241–$2,307. It remains 1.9% lower over seven days.
The altcoins are all higher on the daily measure:
- XRP: $1.289, up 3.13% today. It is the strongest of this group.
- Solana: $93.53, up 1.69% today, but slightly lower over 24 hours.
- Cardano: $0.192, up 1.80% today.
- BNB: $702.62, up 0.48% today. It is lagging the rest.
Most of these gains come from early lows. Bitcoin closed Monday down about 2%, so today’s rise only recovers part of that fall.
ETF Outflows Reach a Second Day
US spot Bitcoin ETFs lost another $399 million on Monday. That follows $643 million on Friday. The two-day total is just over $1 billion.
The selling was concentrated in one fund. BlackRock’s IBIT lost $405 million, its largest daily outflow since June. Spot Ethereum ETFs also lost about $140 million.
Two days do not prove a trend. They do mean the fund bid is absent while Bitcoin sits near its lows.
Is Binance Selling Pressure Easing?
Binance’s flows may be starting to turn. CEO Richard Teng shared data showing $5.28 billion of net outflows over 46 hours. Hourly deposits had moved slightly ahead of withdrawals by early Tuesday.
That is one hourly reading, and it comes from the exchange’s own chief executive. Treat it as a signal to check, not a conclusion. Separately, on-chain data shows Binance’s SAFU emergency fund has used about half its Bitcoin. Binance has pledged to rebuild the fund but has given no timeline.
Macro Context: Midterms, Apple and a Weak Tech Trade
Americans vote in the midterm elections today. Markets are holding back from adding risk until results arrive. Bitcoin options show the same caution. CoinDesk reports short-dated implied volatility, the market’s estimate of future swings, rose to about 51% from 43.5%.
Tech remains the weak spot. The S&P 500 fell 0.51% on Monday, while the Nasdaq Composite lost 1.07%. The Dow gained 0.41%, which points to rotation rather than a broad exit. Saxo notes the Nasdaq 100 has entered correction territory on concerns about AI spending.
Apple beat earnings expectations but warned about memory chip costs. Its shares fell in premarket trading. AMD reports after today’s close.
| Market | Latest level | Change versus previous close |
|---|---|---|
| S&P 500, Monday close | 7,541 | -0.51% |
| Russell 2000, Monday close | 2,806 | -0.21% |
| Nikkei 225, last close | 63,082 | -0.33% |
| FTSE 100, Tuesday snapshot | 10,683 | -0.73% |
| Brent crude futures | $104.93 | +0.15% |
| WTI crude futures | $97.20 | +0.77% |
| Gold futures | $3,941 | -0.72% |
| Silver futures | $49.58 | -2.25% |
Source: Yahoo Finance via the daily market snapshot. Futures quotes represent contracts, rather than spot commodity prices.
Oil, Bond Yields and Currencies
Oil has stabilised after Monday’s sharp fall. CoinDesk reports that US strikes on Iran’s Qeshm Island lifted crude earlier today, with Brent briefly above $106. Our later snapshot shows it back near $105. The peace-talk hopes behind Monday’s fall now look less secure.
Treasury yields were mixed on Monday. The 10-year yield closed near 4.91%, and the 30-year yield near 5.28%. Friday’s jobs report matters most for the next move, because the Fed’s December 9 decision is still open.
Gold and silver have given back part of Monday’s gains. Dollar-yen stands at 158.08. Sterling buys $1.343 and €1.199.
What Does the Technical Picture Show?
Friday’s low is under pressure. Bitcoin’s seven-day range bottom is $76,326, and today’s $76,389 came within about $60 of it. Monday’s daily candle closed at $76,816, and the $78,878 area rejected price on Monday.
CoinDesk also notes Bitcoin is on course for a fifth straight weekly decline. The week is only two days old, so that remains a risk rather than a result.
Three reference areas matter now:
- $76,326: the seven-day low. A completed candle below it would break the recent floor.
- $78,878: Monday’s high. A completed candle above it would be the first follow-through since the hack.
- $80,000: the former floor, now resistance until proven otherwise.
Ethereum’s equivalent levels are $2,174 below and $2,318 above. These are observed references, not guaranteed support or resistance.
What Algorithmic Traders Are Watching
- Wicks versus closes. Bitcoin has now traded close to $76,300 twice and recovered both times. Decide whether your rule reacts to an intraday touch or a completed candle.
- Liquidations. CoinDesk’s figures show liquidations up 171% to $382.6 million, with open interest down 1.63%. Some leverage is leaving, but not much.
- Sentiment as a filter. A reading of 26 is not a buy signal by itself. Test it against history before using it.
Event Windows and Exchange Risk
- Volatility on election night. Results arrive during thin Asian hours. Backtests that assume normal slippage may flatter trades around this window.
- Venue concentration. Our exchange outages and API risk guide covers planning for a venue under stress.
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 constructive path needs two things. ETF outflows should shrink, and Bitcoin should complete a candle above $78,878. A clean election result could help by removing one source of uncertainty.
The weaker path is a completed candle below $76,326. A third heavy ETF outflow or a poor reaction to AMD could add pressure. A strong jobs report on Friday would be the next test.
For today, the question is whether the bounce survives the US session and the first election results. Systematic traders can plan 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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