Global crypto and financial markets are facing a steep sell-off, driven by hot U.S. inflation data, rising yields, and major tech stock losses.
Crypto Highlights
• Prices Drop: Bitcoin $BTC hit a 12-week low below $68,000, Ethereum$ETH fell under $2,000, and the total market cap slid to $2.32 trillion.
• Liquidations & Outflows: Over $1.3 billion in leveraged trades were wiped out, while BlackRock's Bitcoin ETF saw $2 billion in outflows.
• Russia Regulation: The Bank of Russia approved domestic crypto exchange trading to start on November 22, 2026.
Stock & Macro Highlights
• Wall Street & Nvidia:$NVDAB The Nasdaq fell 0.91% and the S&P 500 dipped 0.4%, dragged down by a 13% plunge in Nvidia after CEO Jensen Huang's exit.
• Inflation Surge: U.S. wholesale inflation jumped 6.5% year-over-year, pushing Treasury yields above 5.1% and hurting rate-cut hopes.
• Commodities & Pakistan: Gold dipped below $3,900, Brent crude rose past $96, and Pakistan's KSE-100 Index edged up 0.28% to 177,873.88.#USPPIMissMayEaseBTCPressure #BitcoinCoreDisclosesTorTrafficVulnerability #WhatWillDriveCryptoandStocks’NextRebound?
Crypto Highlights
• Prices Drop: Bitcoin $BTC hit a 12-week low below $68,000, Ethereum$ETH fell under $2,000, and the total market cap slid to $2.32 trillion.
• Liquidations & Outflows: Over $1.3 billion in leveraged trades were wiped out, while BlackRock's Bitcoin ETF saw $2 billion in outflows.
• Russia Regulation: The Bank of Russia approved domestic crypto exchange trading to start on November 22, 2026.
Stock & Macro Highlights
• Wall Street & Nvidia:$NVDAB The Nasdaq fell 0.91% and the S&P 500 dipped 0.4%, dragged down by a 13% plunge in Nvidia after CEO Jensen Huang's exit.
• Inflation Surge: U.S. wholesale inflation jumped 6.5% year-over-year, pushing Treasury yields above 5.1% and hurting rate-cut hopes.
• Commodities & Pakistan: Gold dipped below $3,900, Brent crude rose past $96, and Pakistan's KSE-100 Index edged up 0.28% to 177,873.88.#USPPIMissMayEaseBTCPressure #BitcoinCoreDisclosesTorTrafficVulnerability #WhatWillDriveCryptoandStocks’NextRebound?
