The global crypto market is trading down near $2.44 trillion after hotter-than-expected U.S. inflation data weighed on sentiment.

> Spot Market: Bitcoin ($BTC ) is around $73,000 (-2.4%), Ethereum ($ETH ) is near $2,020 (-4.9%), and Solana ($SOL ) trades near $82 (-5%). U.S. spot Bitcoin and Ether ETFs continue to see net outflows.

> Futures Market: Total futures liquidations spiked to $725 million over 24 hours, while open interest slipped slightly to $127.2 billion as traders reduced risk.

> Key News: Russia announced regulated domestic crypto trading could start as early as November 22, Deutsche Bank launched live crypto custody, and MSCI removed Strategy (MicroStrategy) from its equity indices.