Bitcoin and Ethereum Hit Two-Month Lows as US Midterms and Binance Heist Shake Crypto — 9 Nov 2026

 

On Monday 9 Nov 2026, Bitcoin and Ethereum slid to their lowest levels in more than two months. Bitcoin was trading near $75,180, after falling more than 2% to $73,708 in late Sunday trade, its lowest since August. Ethereum was near $2,142, down about 4-5% in 24 hours, after touching $2,223, also its lowest since August.

Why it fell

US midterm results — Democrats won control of both chambers of Congress — raised fears of tougher crypto regulation. Markets are also still absorbing a reported $6 billion heist at Binance, the world's biggest exchange. Sentiment is fearful, with the Fear & Greed Index at 28.

What to watch next

The US October CPI report is due on 10 Nov. If inflation comes in above expectations, rate-cut hopes fade and crypto could face more pressure.

Bitcoin support and resistance

Support at $74,740, then $73,708 and $73,510. Resistance at $75,590, then $76,000 and $78,000. Bitcoin is trading in a $75,000-$76,000 box, below its 20-day and 50-day moving averages.

Ethereum support and resistance

Support at $2,140-$2,200, then $2,100. Resistance at $2,240, then $2,315 and $2,350.

This is market news, not investment advice.