Top Story
Bitcoin and Ether fell to two-month lows late Sunday as crypto sold off. Bitcoin dropped to $73,708, its lowest level since August, while Ethereum fell to $2,063 before recovering. Reuters reported that investors linked the slide to expectations of tougher crypto regulation under a Democratic-controlled Congress.
Spot Bitcoin ETFs drove much of the weakness. US funds recorded $1.28 billion in net outflows in the week to 6 November, the worst week since late June. The outflows turned 2026 year-to-date flows negative, and BlackRock's IBIT accounted for 94.4% of the net withdrawal.
Leveraged traders took the heaviest losses. CoinGlass data showed more than $1 billion in liquidations over 24 hours, with $913 million from long positions. Ether accounted for $448 million and Bitcoin for $272 million. Bitcoin then rebounded to hold near $75,000, but traders say it is unclear whether the rebound will extend.
US consumer price data for October arrives on Tuesday, 10 November. The Cleveland Fed model forecasts a 0.24% monthly rise in headline CPI and a 0.21% rise in core CPI.
Major Price Moves
Market Overview
Bitcoin holds rank 1 at $74,295.24, down 1.98% over 24 hours, with $34.66 billion in volume. Ethereum ranks second at $2,114.21, down 5.24%, on $24.49 billion in volume.
Ethereum underperformed Bitcoin by a wide margin, and the weakness spread to staked ETH wrappers and large altcoins. XRP fell 5.75% to $1.09 on $2.70 billion in volume, and Solana dropped 3.13% to $86.04.
Top 10 Gainers
| Coin | Price | 24h % | 24h Volume | |
|---|---|---|---|---|
| JCT Janction | $0.009294 | 211.43% | $237.17M | |
| RITUAL Ritual | $0.048518 | 49.58% | $8.33M | |
| HOT Holo | $0.000457 | 31.59% | $51.79M | |
| AIOT OKZOO | $0.162235 | 29.14% | $15.72M | |
| ANSEM The Black Bull | $0.055306 | 28.80% | $11.43M | |
| GAINS Gains | $0.419699 | 21.42% | $6.21M | |
| ON Orochi Network | $0.184716 | 15.43% | $7.61M | |
| PIEVERSE Pieverse | $1.597719 | 14.45% | $11.24M | |
| SKYAI SkyAI | $0.035904 | 13.51% | $15.87M | |
| ICNT Impossible Cloud Network Token | $0.346110 | 9.91% | $40.11M |
Top 10 Losers
| Coin | Price | 24h % | 24h Volume | |
|---|---|---|---|---|
| RAIN Rain | $0.004818 | -13.58% | $14.09M | |
| PI Pi Network | $0.065957 | -9.46% | $8.29M | |
| FLUID Fluid | $1.997603 | -8.91% | $2.27M | |
| CARDS Collector Crypt | $0.206699 | -8.53% | $6.89M | |
| PEARL Pearl | $1.618830 | -8.46% | $10.27M | |
| XPL Plasma | $0.051743 | -7.29% | $37.17M | |
| DRV Derive | $0.298088 | -6.99% | $9.84M | |
| ASTER Aster | $0.633834 | -6.63% | $79.93M | |
| CBXRP Coinbase Wrapped XRP | $1.087523 | -6.49% | $7.14M | |
| STX Stacks | $0.314681 | -6.41% | $15.45M |
Other Key Events
Major stories
Janction's 211% surge has no confirmed trigger
Janction jumped 211.43% to $0.009294 on $237.17 million in volume. Searches found no product launch, partnership or official announcement inside the 24-hour window.
Two scheduled events fall on 10 November. A Binance Alpha and Binance Futures listing begins that day, according to CoinMarketCap and BingX reports. A token unlock also falls that day, but sources disagree on its size, listing figures between 1.17 billion and 1.2 billion JCT.
FinCEN moves to cut off MEXC
FinCEN issued an order on 6 November barring US financial institutions from processing certain transfers involving MEXC. The agency cited alleged illicit transactions of over $16 billion linked to sanctioned groups. MEXC says operations remain normal and has launched an independent compliance review.
Keplr wallets drained after a Web3Auth flaw
A flaw in Web3Auth exposed private keys for some Keplr users who signed in with Google or Apple. Bitquery counted at least $6.01 million drained from about 44,700 wallets on 6 and 7 November. Web3Auth disputes that figure and says it moved about $5.6 million out of exposed wallets. Keplr disabled Google and Apple sign-ins. Seed-phrase and hardware-wallet users are not affected.
In Brief
- RITUAL rose 49.58%, but no source tied the move to a specific announcement.
- HOT gained 31.59% while HoloFuel swaps, live since 1 November, remain voluntary.
- Spot XRP ETFs logged zero net flows for four straight sessions, the first such streak since August.
- Binance named Justin Yek CFO, replacing Kaiser Ng nine days after a $6.3 billion hack. Binance said the handover was planned six months earlier.
- Pi Network's second migration on 6 November moves more app balance onto Mainnet, with a 14-day pending period for migrated funds.
What to Watch
- US CPI, Tuesday 10 November: Watch whether Bitcoin ETF flows, which lost $411.9 million on Friday 7 November, turn positive after the print.
- Bitcoin at $75,000: Holding this level is the bulls' near-term test. The 24-hour low sits at $73,500.
- Ether at $2,160 and $2,360: Ether trades above its 200-day average near $2,160 and below its 100-day average near $2,360.
- Janction on 10 November: The Binance listing and token unlock both begin that day.
- Rain unlock: Gate, citing RootData, reported about 36.26 million RAIN unlocking on 12 November. CryptoRank lists 10 November, so the date is unverified.