Crypto is lower over the past 24 hours, with BTC at $72,860.50 (-1.3%), ETH at $2,020.55 (-1.5%) and SOL at $82.17 (-2.0%), while US spot bitcoin ETFs saw net outflows of $299.9M on Nov 11 after $95.0M on Nov 10. Crypto-related stocks are rallying against the coin weakness, with COIN +3.1%, HOOD +4.0%, MARA +4.4% and CRCL +3.3% since the previous US close.
BTC-1.8%$72,433
ETH-2.6%$2,003
SOL-3.8%$81.33
BTC ETFsUS session-$300Mnet flow, Nov 11
News mood
Leaning bearish24% bullish · 46% bearish
What's happening
Institutional selling is weighing on bitcoin, as BlackRock sold $405M of Bitcoin amid piling IBIT redemptions and ETFs bled for a fourth straight day with 2026 outflows topping $1B 12. A wave of forced liquidations hit as bitcoin fell below $74K 3, and its weakness erased September's bullish signal 4. Security concerns add pressure, with Binance losing $5.7 billion in the largest crypto hack to date and warning iPhone users of an iOS bug that could expose wallet keys 56. Liquidity is also tightening, as stablecoin supply dropped $14.2 billion in the largest contraction since the 2022 bear market 7.
The NYSE's exploration of blockchain for stock settlement could revolutionize trading with 24/7 operations and immediate settlements, pending regulation.
Binance warns that the worse_query iOS vulnerability could expose crypto wallet keys and recovery phrases, urging users to remove untrusted apps and update.
Bitcoin fell toward $74,000 as another wave of forced selling swept through crypto markets, and it faces October's US inflation report with a divided Federal Reserve 38.
Ethereum's decline has extended below the $2.17K-$2.22K support zone, leaving the price near $2.13K, while Sygnum launched an ETH Alpha Fund targeting 8% to 10% annual returns and co-founder Lubin argued ETH goes beyond Bitcoin and gold as a store of value 91011.
Ripple's bank-lending system moved closer to launch on the XRP Ledger with validator support up from 19 to 22, Ripple CEO Garlinghouse pushed back on concerns that RLUSD could undermine XRP, and stablecoin supply dropped $14.2 billion in the largest contraction since the 2022 bear market 12137.
Canaan's Q3 revenue dropped 90% to $14.5 million as hardware sales collapsed, Nomura is exploring a sale of Laser Digital, and MSCI is set to announce whether Strategy and Metaplanet stay in its global indexes with billions in forced selling hanging on the decision 14151617.
Coinbase, Kalshi and Payward moved to back the CFTC in a lawsuit over single-stock perpetual futures, while India's Enforcement Directorate raided CoinDCX and Delta over alleged illegal cross-border trades 1819.
Binance lost $5.7 billion in the largest crypto hack to date, Arkham traced $63 million in Bitget hack funds to CoinJoin covering 847.26 BTC, and Bitcoin Core revealed a bug that made thousands of nodes trust any stranger on Tor 52122.