Last 24 hours · updated

Crypto is down 7.6% in the last 24 hours

Crypto is sharply lower, with BTC down 6.1% to $64,093.50, ETH down 8.5% to $1,766.82 and SOL down 9.6% to $70.18. US spot bitcoin ETFs saw net outflows of $95.0M and $299.9M on consecutive days.

BTC-6.4%$63,861
ETH-8.7%$1,761
SOL-9.9%$69.92
XRP-9.4%$0.91
BTC ETFsUS session-$300Mnet flow, Nov 11

News mood

Leaning bearish 15% bullish · 49% bearish

What's happening

Forced selling has swept through the market as Bitcoin plunged toward $74,000 and liquidations surged 1. BlackRock sold $405M worth of Bitcoin as IBIT redemptions piled up, signalling institutional outflows 2. Bitcoin also faces the US inflation report with prices under pressure and a divided Federal Reserve 3. Sentiment is split: Peter Schiff urges investors to get out of Bitcoin 4, while Joe Carlasare says he is a buyer in extreme fear 5.

The biggest stories

▶Bitcoin Magazine Peter Schiff on the Bitcoin Crash: “Get the Hell Out” Challenged on why two or three down years would matter for Bitcoin when gold and the Nasdaq have had similar streaks before recoveries, Peter Schiff says the difference is the backdrop.

  • Bitcoin Magazine
  • Bitcoin News
  • CryptoPotato
  • Crypto Daily
  • crypto.news
  • CryptoSlate

First: Bitcoin Magazine · 6 outlets · latest 1h ago

Markets

Leaning bearish 3% bullish · 96% bearish

Bitcoin faces three tests from the US inflation report while the market remains fragile 3, and forced selling pushed prices down as liquidations surged 1.

Bitcoin

Leaning bullish 55% bullish · 30% bearish

Peter Schiff says get out of the Bitcoin crash 4, while Joe Carlasare calls himself a buyer in extreme fear 5 and a report suggests Britain could mine bitcoin with surplus Scottish wind power 6.

Ethereum

Leaning bearish 0% bullish · 80% bearish

Altcoins

Mixed 49% bullish · 40% bearish

Crypto stocks

Leaning bearish 33% bullish · 59% bearish

  • COIN$128-2.3%
  • MSTR$112-2.4%
  • HOOD$77.86-4.3%
  • CRCL$62.20-2.5%
  • MARA$6.99-2.9%
  • IBIT$38.94-3.5%

Strategy heads into MSCI's final November review with billions in forced selling hanging on the decision 7, while JPMorgan lifted its Strategy stake 36% and held 11.4 million IBIT shares 8.

Countries

Leaning bullish 43% bullish · 0% bearish

The US government holds about $20 billion in Bitcoin and Ether 9.

Regulation

Mixed 13% bullish · 4% bearish

Trump named CFTC and SEC nominees for the first time in a year 10, and the Louisiana AG sued Kalshi, Polymarket, Robinhood, Coinbase and Gemini over prediction markets 11.

Geopolitics & macro

Leaning bearish 0% bullish · 25% bearish

DeFi

Mixed 0% bullish · 0% bearish

Security

Leaning bearish 2% bullish · 64% bearish

Michael Saylor expects stronger crypto security after Binance's $6.3 billion hack 12, and the FBI warned that video call invites from crypto contacts could be North Korean hackers 13.

All headlines from the last 24 hours →