Last 24 hours · updated

Crypto is down 3.0% in the last 24 hours

Crypto is broadly lower, with BTC down 3.6% at $71,339, ETH down 2.1% at $2,016, SOL down 2.3% at $81.61 and XRP down 1.6% at $1.04. US spot bitcoin ETFs saw net outflows of $95.0M on Nov 10 and $299.9M on Nov 11, extending the negative tone.

BTC-3.8%$71,212
ETH-2.3%$2,013
SOL-2.4%$81.53
XRP-1.6%$1.04
BTC ETFsUS session-$300Mnet flow, Nov 11

News mood

Leaning bearish 21% bullish · 42% bearish

What's happening

The Binance hack continues to weigh on sentiment, with BNB dropping 7.1% and the exchange pledging to cover user losses 1, while North Korean hackers laundered funds from the $6.3 billion breach using memecoins 2. Bitcoin plunged toward $74,000 as a wave of forced selling swept through markets 3, and BlackRock sold $405M of Bitcoin as IBIT redemptions piled up 4. Investors are also waiting on the US inflation report with prices under pressure 5.

The biggest stories

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  • Crypto Briefing
  • CoinDesk
  • BeInCrypto
  • Decrypt
  • Brave New Coin
  • CryptoPotato
  • +5 more

First: Crypto Briefing · 11 outlets · latest 1h ago

Markets

Leaning bearish 5% bullish · 95% bearish

Bitcoin fell below $74,000 as crypto liquidations surged in a wave of forced selling 3, and BlackRock sold $405M of Bitcoin as IBIT redemptions piled up 4, with the market bracing for the US CPI print 5.

Bitcoin

Mixed 26% bullish · 26% bearish

Ethereum

Mixed 35% bullish · 26% bearish

Ethereum's decline extended below the $2.17K to $2.22K support zone, leaving the price near $2.13K 6.

Altcoins

Leaning bullish 76% bullish · 13% bearish

Stablecoin supply dropped $14.2 billion in the largest contraction since the 2022 bear market 7, XRP fell toward $1.16 after losing a key support zone 8, while Grayscale pledged $1 million in a Zcash ETF campaign 9.

Crypto stocks

Leaning bearish 18% bullish · 58% bearish

  • COIN$131-4.1%
  • MSTR$114-6.5%
  • HOOD$81.35-3.8%
  • CRCL$63.82-4.9%
  • MARA$7.20-6.0%
  • IBIT$40.36-4.5%

Crypto stocks fell, with MSTR down 6.5% ahead of MSCI's final November review where billions in forced selling could hang on the outcome 10, though Jane Street lifted its Strategy stake 54% to 4.1 million shares 11.

Regulation

Mixed 24% bullish · 15% bearish

India's Enforcement Directorate raided crypto exchanges CoinDCX and Delta over alleged illegal cross-border trades 12, while South Korea will permit crypto withdrawal freezes during hacking threats 13.

Geopolitics & macro

Leaning bearish 0% bullish · 18% bearish

DeFi

Leaning bullish 81% bullish · 6% bearish

Securitize and Ethena launched a $100 million liquidity facility letting eligible BlackRock BUIDL holders swap into USDC and other stablecoins around the clock 14.

Security

Leaning bearish 0% bullish · 75% bearish

The DOJ seized infrastructure tied to North Korea's $400M FaceStealer crypto scheme 15, Operation TorNado netted $234 million in cash and crypto with 354 arrests 16, and Trezor found hardware implants in Safe 5s sold by CryptoBilis and cut its reseller network by 80% 17.

All headlines from the last 24 hours →