Bitcoin Holds Near $75,000 as Stocks Rally and ETF Outflows Weigh — 10 Nov 2026


Bitcoin is holding near $75,000 on Tuesday, 10 November 2026, while Ethereum trades near $2,135 — but the mood in crypto is very different from the mood in stocks.


US stocks posted their biggest daily gain since April on Monday, with the Nasdaq up 2.7% and the S&P 500 up 2.3%. Crypto failed to follow. Bitcoin is hovering around $75,000 and Ethereum near $2,130, with no fresh buying coming in.


Prices at a glance (as of this morning, 10 Nov 2026):


- Bitcoin (BTC): around $75,000–$75,350, after dipping below $74,000 on Sunday

- Ethereum (ETH): around $2,130–$2,135

- Fear & Greed Index: 32 (Fear), up slightly from 29


What is driving the market today


1. ETF outflows are the biggest weight on prices. US spot Bitcoin ETFs recorded about $1.28 billion in net outflows last week — the largest weekly outflow since June and the second straight week of redemptions. Outflows of $430 million on 5 November and $412 million on 6 November pushed the funds' year-to-date flows into negative territory (around -$914 million). BlackRock's IBIT accounted for a large share of the selling.


2. War and geopolitics are sending mixed signals. Growing hopes for progress in US–Iran talks pushed Brent crude down 5.8% on Monday, easing inflation worries, and President Trump said the likelihood of a large-scale military attack on Iran was low. But US Secretary of State Marco Rubio said the talks have stalled, calling Iranian demands unacceptable — and that comment, together with the Nvidia investigation news, helped send Bitcoin sharply lower on Sunday evening, from around $75,690 to about $73,477 in 15 minutes. More than $1 billion in leveraged positions were liquidated in 24 hours.


3. US politics is adding regulatory uncertainty. After Democrats won control of Congress in the 3 November midterm elections, worries are growing that oversight of the crypto industry could tighten — another reason analysts cite for the weak sentiment.


4. The Binance heist story continues. After the 29 October attack that stole about $6.34 billion in Binance assets, investigators say North Korea-linked hackers created at least six memecoins on NEAR to disguise around 117,000 stolen NEAR (about $430,000) as trading profits. US tax and justice authorities are also reported to be investigating $1.2 billion in fund flows involving about 2,000 suspected Iran-linked accounts. Binance has announced an independent security review.


What to watch next


- US October CPI inflation data is due tonight (10 November), along with remarks by Federal Reserve Governor Christopher Waller. A softer-than-expected CPI could ease rate fears and help risk assets; a hot reading could push Bitcoin toward $71,000–$67,000.

- Bitcoin needs to hold $75,000 and reclaim $76,000 before a sustained rebound becomes likely. If it slips again, support near $74,000 is in focus.

- One bright spot: Avalanche (AVAX) rose about 8% after news that an NYSE-affiliated entity plans to use Avalanche as the settlement ledger for a tokenized securities trading platform.


This is market news, not investment advice.

Comments