【Spot Market Heat | 11/11 08:02】
BTC~73795 (−2.05%), ETH~2052 (−3.85%), SOL~83.4 (−3.92%), BNB~680 (−1.61%), XRP~1.056 (−3.96%). Fear & Greed: 29 (Fear); yesterday’s heat post showed 32, but the API has now switched over to the new day, 11/11, and shows 29. Yesterday’s heat post was around 74412; the current price is around 73795, after another leg down overnight. Inflation data came out around 21:00 last night: BTC first dipped to around 73505, then briefly touched around 74843 at 23:00 before tumbling to around 72858. It hit around 72727 at midnight and has since climbed back to where it is now. The 24-hour high is around 75444 and low around 72727; the 48-hour high is around 75598 and low around 72727, still around 8205 away from 82.
Hot coins: The broader market was knocked down by the inflation data overnight. Some gainers are still green, but many coins that were still featured in yesterday’s heat post have faded, and some have even turned negative. $ONE was around +21.3% in yesterday’s heat post; it’s now around +26.5%, with volume around 4.08 million. Volume is decent, the gain has extended further, and it’s still leading. New arrivals include $GRAM at around +9.8%, with volume around 15.41 million—solid volume; CORE at around +9.8%, with volume around 960,000—on the thin side; and ICP at around +5.6%, with volume around 2.25 million—decent volume. ACT was around +10.1% in yesterday’s heat post; it’s now around +9.2%, with volume around 1.19 million—decent volume. SOPH was around +13.5% in yesterday’s heat post; it’s now around +9.7%, with volume around 1.05 million—decent volume, but its gain has narrowed. PI was around +7.8% in yesterday’s heat post; it’s now around +8.3%, with volume around 2.99 million—decent volume. LIT was around +2.8% in yesterday’s heat post; it’s now around +7.0%, with volume around 13.12 million—solid volume, and its gain has widened further. PEPE was around +5.5% in yesterday’s heat post; it’s now around +4.7%, with volume around 38.83 million—very solid volume. ZRO was roughly flat in yesterday’s heat post; it’s now around +4.0%, with volume around 1.96 million—decent volume, and has turned green. OKB was around −1.2% in yesterday’s heat post; it’s now around +0.6%, with volume around 9.64 million—solid volume, and has turned positive as well. Quite a few of yesterday’s green names have faded: CARDS was around +9.6% in yesterday’s heat post; it’s now around +1.1%, with volume around 2.45 million—decent volume; DEGEN was around +9.4%; it’s now around +0.8%, with volume around 630,000—on the thin side; JUP was around +8.3%; it’s now around +0.5%, with volume around 1.22 million—decent volume, and nearly flat; ETHFI was around +6.1%; it’s now around +1.0%, with volume around 2.02 million—decent volume; PYTH was around +6.6%; it’s now around +0.3%, with volume around 550,000—on the thin side. Some of yesterday’s green names have turned negative: EDGE was around +9.0% in yesterday’s heat post; it’s now around −5.0%, with volume around 2.19 million—decent volume, and has turned cold; ONDO was around +5.8%; it’s now around −1.9%, with volume around 4.76 million—decent volume, and has turned negative too; AVAX was around +3.4%; it’s now around −3.3%, with volume around 5.90 million—solid volume; MERL was around +0.4%; it’s now around −3.9%, with volume around 2.88 million—decent volume. On the losing side, the steepest drop is still $PARTI : it was around −19.0% in yesterday’s heat post and is now around −16.7%, with volume around 1.30 million—decent volume. The loss has narrowed a little, but it’s still the steepest. DOS was around −16.2% in yesterday’s heat post; it’s now around −13.0%, with volume around 2.63 million—decent volume, and its loss has narrowed too. New decliners include VVV at around −11.2%, with volume around 6.71 million—solid volume; and DASH at around −9.1%, with volume around 1.60 million—decent volume. CT was around −10.8% in yesterday’s heat post; it’s now around −11.1%, with volume around 2.55 million—decent volume, still deep in the red. ZEC was around −4.8% in yesterday’s heat post; it’s now around −10.4%, with volume around 89.48 million—very solid volume, and its loss has deepened. HUMA was around −5.1%; it’s now around −10.3%, with volume around 450,000—on the thin side, and its loss has deepened too. MET was around −2.2% in yesterday’s heat post; it’s now around −7.4%, with volume around 500,000—on the thin side; RAY was around −3.0%; it’s now around −7.5%, with volume around 920,000—on the thin side; ARB was around −8.7%; it’s now around −8.3%, with volume around 7.51 million—solid volume, still deep in the red; AAVE was around −4.8%; it’s now around −6.3%, with volume around 6.17 million—solid volume. ZIL was around −13.2% in yesterday’s heat post; it’s now around −2.8%, with volume around 340,000—on the thin side, with its loss sharply reduced.
Events to watch: U.S. October CPI is out: monthly CPI rose 0.4%, above the 0.3% forecast, versus +0.6% in September; core CPI rose 0.3%, above the 0.2% forecast. Year-over-year figures were not released because comparable data from the same period last year was unavailable. CoinDesk reports that Fed Governor Waller had previously backed a December rate hike and said a 50 bp move could also be considered if inflation proves elevated; Bitcoin continued lower after the data came out. Cointelegraph also reported monthly October CPI at +0.4%, above the 0.3% forecast, noting that Bitcoin dipped to around 73518 shortly after the release, near an 11-week low; it later plunged to around 72727 during overnight trading. Polymarket’s December decision odds: a 25 bp hike at around 85.5%, no change at around 3.6%, and a 50 bp hike at around 10.8% (yesterday’s heat post showed around 86.5% for a hike, 8.5% for no change, and 5.3% for a 50 bp hike; the 50 bp odds have risen, while the no-change odds have fallen noticeably). The Tuesday 11/10 row has appeared, but most issuers still show dashes, and it is not yet marked COMPLETE: BTC is provisionally at around 0.0 in total, and ETH at around −2.0M. Monday 11/9, still marked COMPLETE, remains at around −201.0M for BTC and −184.6M for ETH. Thursday 11/5 and Friday 11/6, both marked COMPLETE, remain at −430.2M/−411.9M for BTC and −99.9M/−93.3M for ETH. Binance CMS still shows that Predict (PREDICT, Seed Tag) will be listed.
BTC~73795 (−2.05%), ETH~2052 (−3.85%), SOL~83.4 (−3.92%), BNB~680 (−1.61%), XRP~1.056 (−3.96%). Fear & Greed: 29 (Fear); yesterday’s heat post showed 32, but the API has now switched over to the new day, 11/11, and shows 29. Yesterday’s heat post was around 74412; the current price is around 73795, after another leg down overnight. Inflation data came out around 21:00 last night: BTC first dipped to around 73505, then briefly touched around 74843 at 23:00 before tumbling to around 72858. It hit around 72727 at midnight and has since climbed back to where it is now. The 24-hour high is around 75444 and low around 72727; the 48-hour high is around 75598 and low around 72727, still around 8205 away from 82.
Hot coins: The broader market was knocked down by the inflation data overnight. Some gainers are still green, but many coins that were still featured in yesterday’s heat post have faded, and some have even turned negative. $ONE was around +21.3% in yesterday’s heat post; it’s now around +26.5%, with volume around 4.08 million. Volume is decent, the gain has extended further, and it’s still leading. New arrivals include $GRAM at around +9.8%, with volume around 15.41 million—solid volume; CORE at around +9.8%, with volume around 960,000—on the thin side; and ICP at around +5.6%, with volume around 2.25 million—decent volume. ACT was around +10.1% in yesterday’s heat post; it’s now around +9.2%, with volume around 1.19 million—decent volume. SOPH was around +13.5% in yesterday’s heat post; it’s now around +9.7%, with volume around 1.05 million—decent volume, but its gain has narrowed. PI was around +7.8% in yesterday’s heat post; it’s now around +8.3%, with volume around 2.99 million—decent volume. LIT was around +2.8% in yesterday’s heat post; it’s now around +7.0%, with volume around 13.12 million—solid volume, and its gain has widened further. PEPE was around +5.5% in yesterday’s heat post; it’s now around +4.7%, with volume around 38.83 million—very solid volume. ZRO was roughly flat in yesterday’s heat post; it’s now around +4.0%, with volume around 1.96 million—decent volume, and has turned green. OKB was around −1.2% in yesterday’s heat post; it’s now around +0.6%, with volume around 9.64 million—solid volume, and has turned positive as well. Quite a few of yesterday’s green names have faded: CARDS was around +9.6% in yesterday’s heat post; it’s now around +1.1%, with volume around 2.45 million—decent volume; DEGEN was around +9.4%; it’s now around +0.8%, with volume around 630,000—on the thin side; JUP was around +8.3%; it’s now around +0.5%, with volume around 1.22 million—decent volume, and nearly flat; ETHFI was around +6.1%; it’s now around +1.0%, with volume around 2.02 million—decent volume; PYTH was around +6.6%; it’s now around +0.3%, with volume around 550,000—on the thin side. Some of yesterday’s green names have turned negative: EDGE was around +9.0% in yesterday’s heat post; it’s now around −5.0%, with volume around 2.19 million—decent volume, and has turned cold; ONDO was around +5.8%; it’s now around −1.9%, with volume around 4.76 million—decent volume, and has turned negative too; AVAX was around +3.4%; it’s now around −3.3%, with volume around 5.90 million—solid volume; MERL was around +0.4%; it’s now around −3.9%, with volume around 2.88 million—decent volume. On the losing side, the steepest drop is still $PARTI : it was around −19.0% in yesterday’s heat post and is now around −16.7%, with volume around 1.30 million—decent volume. The loss has narrowed a little, but it’s still the steepest. DOS was around −16.2% in yesterday’s heat post; it’s now around −13.0%, with volume around 2.63 million—decent volume, and its loss has narrowed too. New decliners include VVV at around −11.2%, with volume around 6.71 million—solid volume; and DASH at around −9.1%, with volume around 1.60 million—decent volume. CT was around −10.8% in yesterday’s heat post; it’s now around −11.1%, with volume around 2.55 million—decent volume, still deep in the red. ZEC was around −4.8% in yesterday’s heat post; it’s now around −10.4%, with volume around 89.48 million—very solid volume, and its loss has deepened. HUMA was around −5.1%; it’s now around −10.3%, with volume around 450,000—on the thin side, and its loss has deepened too. MET was around −2.2% in yesterday’s heat post; it’s now around −7.4%, with volume around 500,000—on the thin side; RAY was around −3.0%; it’s now around −7.5%, with volume around 920,000—on the thin side; ARB was around −8.7%; it’s now around −8.3%, with volume around 7.51 million—solid volume, still deep in the red; AAVE was around −4.8%; it’s now around −6.3%, with volume around 6.17 million—solid volume. ZIL was around −13.2% in yesterday’s heat post; it’s now around −2.8%, with volume around 340,000—on the thin side, with its loss sharply reduced.
Events to watch: U.S. October CPI is out: monthly CPI rose 0.4%, above the 0.3% forecast, versus +0.6% in September; core CPI rose 0.3%, above the 0.2% forecast. Year-over-year figures were not released because comparable data from the same period last year was unavailable. CoinDesk reports that Fed Governor Waller had previously backed a December rate hike and said a 50 bp move could also be considered if inflation proves elevated; Bitcoin continued lower after the data came out. Cointelegraph also reported monthly October CPI at +0.4%, above the 0.3% forecast, noting that Bitcoin dipped to around 73518 shortly after the release, near an 11-week low; it later plunged to around 72727 during overnight trading. Polymarket’s December decision odds: a 25 bp hike at around 85.5%, no change at around 3.6%, and a 50 bp hike at around 10.8% (yesterday’s heat post showed around 86.5% for a hike, 8.5% for no change, and 5.3% for a 50 bp hike; the 50 bp odds have risen, while the no-change odds have fallen noticeably). The Tuesday 11/10 row has appeared, but most issuers still show dashes, and it is not yet marked COMPLETE: BTC is provisionally at around 0.0 in total, and ETH at around −2.0M. Monday 11/9, still marked COMPLETE, remains at around −201.0M for BTC and −184.6M for ETH. Thursday 11/5 and Friday 11/6, both marked COMPLETE, remain at −430.2M/−411.9M for BTC and −99.9M/−93.3M for ETH. Binance CMS still shows that Predict (PREDICT, Seed Tag) will be listed.