📊 DAILY MARKET UPDATE – GOLD, BTC, ETH & XRP
12 NOVEMBER 2026 | 01:57 UTC | GLOBAL MARKET REPORT
Global markets are facing renewed pressure following hotter-than-expected US inflation data, rising Treasury yields and expectations of a more aggressive Federal Reserve policy. Gold and major cryptocurrencies are struggling to maintain bullish momentum.
### 🟡 GOLD (XAU/USD)
VOLATILE – CAUTIOUS
* Gold experienced a sharp sell-off following stronger-than-expected US CPI data.
* Spot gold recovered around 0.3% to $4,042.71/oz on Wednesday, but early Asian trading on November 12 saw renewed pressure below $4,000.
* Rising US Treasury yields and a stronger dollar are reducing gold's attractiveness.
* However, central-bank purchases remain a significant long-term support factor. Central banks added 321 tonnes of gold in Q3 2026.
Market outlook: Short-term bearish pressure remains, although renewed safe-haven demand could support a recovery.
Source: Reuters / World Gold Council. Business Recorder +2
### ₿ BITCOIN (BTC)
BEARISH BIAS
* Bitcoin recently slipped below $74,000 amid broader market weakness.
* US spot Bitcoin ETFs recorded approximately $1.58 billion in net outflows during November 2–10.
* Glassnode reports weakening capital flows, although some large investor wallet groups have resumed accumulation.
* Market sentiment remains fragile as traders monitor institutional demand and regulatory uncertainty.
Key levels to watch:
* Support: $73,000–$72,000
* Resistance: $75,000–$76,400
Market outlook: A sustained recovery above $75,000 could improve momentum. Failure to hold support may expose BTC to further downside.
Crypto Data API +2
### ♦️ ETHEREUM (ETH)
BEARISH BIAS
* Ethereum continues facing selling pressure alongside Bitcoin.
* ETH traded around $2,051 in the November 12 UTC market snapshot.
* US spot Ethereum ETFs recorded $1.32 million in net outflows on November 10, extending their withdrawal streak to four sessions.
* Total spot ETH ETF assets stood at approximately $11.64 billion.
12 NOVEMBER 2026 | 01:57 UTC | GLOBAL MARKET REPORT
Global markets are facing renewed pressure following hotter-than-expected US inflation data, rising Treasury yields and expectations of a more aggressive Federal Reserve policy. Gold and major cryptocurrencies are struggling to maintain bullish momentum.
### 🟡 GOLD (XAU/USD)
VOLATILE – CAUTIOUS
* Gold experienced a sharp sell-off following stronger-than-expected US CPI data.
* Spot gold recovered around 0.3% to $4,042.71/oz on Wednesday, but early Asian trading on November 12 saw renewed pressure below $4,000.
* Rising US Treasury yields and a stronger dollar are reducing gold's attractiveness.
* However, central-bank purchases remain a significant long-term support factor. Central banks added 321 tonnes of gold in Q3 2026.
Market outlook: Short-term bearish pressure remains, although renewed safe-haven demand could support a recovery.
Source: Reuters / World Gold Council. Business Recorder +2
### ₿ BITCOIN (BTC)
BEARISH BIAS
* Bitcoin recently slipped below $74,000 amid broader market weakness.
* US spot Bitcoin ETFs recorded approximately $1.58 billion in net outflows during November 2–10.
* Glassnode reports weakening capital flows, although some large investor wallet groups have resumed accumulation.
* Market sentiment remains fragile as traders monitor institutional demand and regulatory uncertainty.
Key levels to watch:
* Support: $73,000–$72,000
* Resistance: $75,000–$76,400
Market outlook: A sustained recovery above $75,000 could improve momentum. Failure to hold support may expose BTC to further downside.
Crypto Data API +2
### ♦️ ETHEREUM (ETH)
BEARISH BIAS
* Ethereum continues facing selling pressure alongside Bitcoin.
* ETH traded around $2,051 in the November 12 UTC market snapshot.
* US spot Ethereum ETFs recorded $1.32 million in net outflows on November 10, extending their withdrawal streak to four sessions.
* Total spot ETH ETF assets stood at approximately $11.64 billion.