Market Snapshot (Nov 12, 2026)
Bitcoin (BTC): about $73,600, down roughly 0.5% in 24 hours
Ethereum (ETH): about $2,045, down roughly 1.2%
Total crypto market cap: about $2.44T
Fear & Greed Index: 28 (Fear)
What's happening?
Bitcoin is moving sideways after Tuesday's sell-off. It touched about $74,700 yesterday, then slipped back toward $73,300 overnight. It is still down roughly 8% over the past week. Hotter-than-expected U.S. inflation data has raised expectations of a Fed rate hike in December, and higher rates tend to weigh on risk assets like crypto.
ETF flows
U.S. spot Bitcoin ETFs recorded about $95M in net outflows on Nov 10, the fourth straight session of outflows. Institutional demand is cooling for now.
Other news
MSCI will remove Strategy and other Bitcoin treasury companies from its indexes after the close on Nov 30. Strategy estimated this could mean up to about $2.8B in passive fund selling.
Deutsche Bank launched a digital asset custody service for BTC, ETH, USDC and other assets, initially for paying clients.
Stablecoin supply fell by about $14.2B over 30 days, the largest drop since 2022 (Glassnode), which suggests some capital is leaving crypto.
Key levels to watch (BTC)
Support: $72,700 to $73,500, then $72,000
Resistance: $75,000 to $75,600
A clean break below $72,000 could open the door to $70,000
Market movers
Among the top 200 coins, Ozone Chain (OZO) jumped about 67%, while Pepe fell about 14% and MultiversX about 12% in 24 hours.
What's next?
Keep an eye on the U.S. PPI data and any Fed comments. Rate expectations are what is driving the market right now.
Takeaway: Sentiment is cautious and macro news matters more than crypto-specific news. Manage your risk, avoid heavy leverage, and always do your own research.
Disclaimer: This post is for information only and is not financial advice. Crypto prices are volatile. Figures are approximate and may change quickly.
Tags: #Bitcoin #BTC #Ethereum #ETH #CryptoMarket #BinanceSquare #writetoearn $BTC $ETH $BNB
