Crypto market update for November 9, 2026 (as of evening WAT): The market is in a risk-off mode, with total capitalization around $2.50–2.57 trillion (down roughly 1.6–3.5% over 24 hours depending on the source and timestamp).
Cryptowave +1
Key Prices
Bitcoin (BTC): Trading near $74,400–$74,900, down about 1–2% on the day (and ~3–4% over the past week). It briefly touched lows near $73,700 earlier. Dominance sits around 58.5–59.5%.
Coindesk +1
Ethereum (ETH): Around $2,120–$2,140, down ~4.5–5.2% in 24 hours (and ~6% weekly). It underperformed BTC.
Cryptowave +1
Other majors:
XRP: ~$1.08–$1.11 (down 5–6%+)
Solana (SOL): ~$86–$87 (down ~2.5–4%)
BNB: ~$684–$688 (down ~1.5%)
Most of the top 100 coins were red; only a handful (e.g., certain memecoins like PEPE, ARB, RNDR) posted gains of 1%+.
Coindesk
Fear & Greed Index: Around 28–29 (Fear).
Cryptowave
What’s Driving the Move
Tech selloff spillover: Nvidia-led weakness in equities (linked to reports of an investigation involving CEO Jensen Huang) weighed on risk assets, including crypto.
Coindesk
Heavy liquidations: ~$1.1–1.2 billion in futures liquidations over 24 hours (mostly longs), with ETH accounting for a large share (~$500M in some reports). Futures volume spiked sharply.
Binance
ETF outflows: Spot Bitcoin ETFs saw significant weekly outflows (~$1.28 billion in recent days, the worst stretch in months), flipping 2026 flows negative in some tallies. Ethereum ETFs also faced pressure.
Invezz
Macro backdrop includes shifting Fed rate-hike expectations and broader risk aversion.