Early on 14/11, the crypto market was awash in red, with market breadth plunging: just 23 of the top 100 coins were in the green (a mere 23%), while total market capitalization fell sharply by 7% to around $2.35 trillion.
BTC closed at around $68,360, down 4.24% over 24 hours, and hit an overnight low of $67,922 amid a sell-off that liquidated more than $677 million in long positions. Net outflows from U.S. spot Bitcoin ETFs reached $284 million on 12/11, marking six consecutive sessions of outflows and bringing total outflows in 2026 to $1.56 billion. Ethereum fared no better, falling 4.02% to $1,934.87, while ETH ETFs recorded $695.9 million in outflows in November alone. October CPI inflation came in above expectations (0.4% versus 0.3%), further strengthening the likelihood of a Fed rate hike in December and making risk assets less attractive.
Amid the “bloodbath,” $SHELL n stood out in bright green, up 84.73% over 24 hours, while SNXXB came in last at -18.20%. 👀 SHELL is showing the strength of its own narrative, completely detached from the broader trend.
BTC closed at around $68,360, down 4.24% over 24 hours, and hit an overnight low of $67,922 amid a sell-off that liquidated more than $677 million in long positions. Net outflows from U.S. spot Bitcoin ETFs reached $284 million on 12/11, marking six consecutive sessions of outflows and bringing total outflows in 2026 to $1.56 billion. Ethereum fared no better, falling 4.02% to $1,934.87, while ETH ETFs recorded $695.9 million in outflows in November alone. October CPI inflation came in above expectations (0.4% versus 0.3%), further strengthening the likelihood of a Fed rate hike in December and making risk assets less attractive.
Amid the “bloodbath,” $SHELL n stood out in bright green, up 84.73% over 24 hours, while SNXXB came in last at -18.20%. 👀 SHELL is showing the strength of its own narrative, completely detached from the broader trend.
