Bitcoin fell below $75,000 on Tuesday, November 10, 2026, and stayed near its lowest level since August. The price traded around $74,270 to $74,750 during the day, after dropping to about $73,761 late on November 8. That move put Bitcoin about 40.94 percent below its all time high of $126,156. The fall came with heavy selling, large withdrawals from United States spot Bitcoin exchange traded funds, and more than $1 billion in crypto positions closed by force in 24 hours. Traders now watch the United States October inflation report and the next Federal Reserve decision for the next clear signal.
Quick Facts
| Fact | Detail |
|---|---|
| Price on November 10, 2026 | Around $74,270 to $74,750 |
| Lowest point in this move | About $73,761 late on November 8 |
| Lowest since | August 2026 |
| All time high | $126,156 |
| Distance from all time high | About 40.94 percent below |
| November 9 close | $75,245 |
| Change over the last month | Down about 10 percent |
| Change over the last week | Down 2.8 percent |
| Change in the last 24 hours | Up 0.6 percent |
| Crypto liquidations in 24 hours | More than $1 billion |
| Spot Bitcoin ETF outflows, week to November 6 | $1.28 billion |
| Spot Bitcoin ETF outflow on November 9 | $201 million |
| Crypto Fear and Greed Index | 32, in Fear territory |
| Market cap | About $1.48 trillion |
| Key support | $73,700, then $70,000 |
| Key resistance | $75,562, then $76,300 to $76,500 |
What Happened on Tuesday
Bitcoin started Tuesday under pressure and could not get back above $75,000 in a convincing way. Finnhub recorded a price of $74,270.50 at 10:39 UTC, while FXStreet reported $74,743 around the same part of the day.
The November 9 close of $75,245 already told the story. Bitcoin had closed just under its 50 week average, and it had not reclaimed that level.
The recent low came a little earlier. Bitcoin fell to about $73,761 late on November 8, its lowest since August. CryptoQuant noted $73,474 on November 8 and DefiLlama recorded $73,688 on November 9.
Finnhub put the wider slide in plain terms: down 1.59 percent over five sessions, down 9.78 percent over one month, down 15.72 percent so far in 2026, and down 29.37 percent over one year. Market cap sat near $1.48 trillion. Ethereum edged lower toward $2,100, and Ripple XRP hovered beneath $1.10. The Crypto Fear and Greed Index stood at 32, in Fear territory, up slightly from 29 the previous day.
Why Bitcoin Fell
No single event explains the whole fall. Several pressures arrived at the same time, and together they pushed demand down while selling rose. The result was a steady slide rather than one sharp crash in a single hour.
One driver came from the stock market. The Nasdaq 100 fell 6.36 percent on November 5, and the crypto index fell 5.25 percent in the same session. That shared fall shows crypto was moving with risk assets rather than on its own.
Two news stories added to the nervous mood. The first was the Nvidia story, where chief executive Jensen Huang faced affair and spy allegations and the Nvidia board opened an investigation. The second was Secretary of State Marco Rubio saying that Iran negotiations had stalled.
It is worth being clear about what did not cause the fall on its own. The decline did not begin only after the November 3 midterm elections, so the midterms alone do not explain it.
Technical signals also turned against buyers. The 200 day exponential moving average stood at $76,457, the 100 day average sat near $77,575, and the 50 day average was around $79,141. All three sat above the price. The relative strength index was near 36, and the moving average convergence divergence indicator was negative. Support sat at $73,700, then at $70,000. Resistance sat at $75,562, then at $76,300 to $76,500.
ETF Outflows and Liquidations
The flow of money through United States spot Bitcoin exchange traded funds tells a large part of this story. These funds let investors buy Bitcoin exposure through a normal brokerage account, and when money leaves them in large amounts, it often means big holders are cutting exposure.
United States spot Bitcoin ETFs lost $1.28 billion over the week to November 6, their worst week since late June. Outflows hit on four of the five trading days that week, which shows the selling was steady rather than a one day event. Then another $201 million was withdrawn on November 9.
ETF flows matter because they show demand from a group that bought heavily during earlier rallies. When that group turns into a seller, even for a week, the market feels it.
Liquidations added a second layer of selling. More than $1 billion in crypto positions were liquidated in 24 hours, including $913 million of bets on higher prices, according to CoinGlass data reported by CoinDesk. Bitcoin alone saw about $278 million in liquidations as prices fell toward $73,700.
The stock market slide on November 8 gave context for that selling, because crypto fell on the same days that stocks were under stress. The Binance leadership change after a major hack also sat in the background of the week, because large exchange news can add to a cautious mood even when it is not the direct cause of a price move.
What Traders Watch Next
The next big test comes from the United States October consumer price index report, due later on Tuesday, November 10, at 8:30 a.m. Eastern Time. Economists expect a 0.3 percent rise. Inflation data matters for Bitcoin because it shapes what the Federal Reserve may do with interest rates. Hotter inflation can push rate cut hopes back, while cooler inflation can bring them forward.
The Federal Reserve decision in December sits just behind the inflation report. Markets broadly expect a 25 basis point cut after rates were held at 3.75 to 4.00 percent in October. That expectation is not a promise, and a surprise in the October report could shift the odds.
Price levels will also guide the next moves. If Bitcoin holds $73,700, traders may see that as a base for a bounce. If it breaks below that level, the next focus would be $70,000. On the upside, the first test is $75,562, and above that sits $76,300 to $76,500. The Nvidia selloff and the Wall Street rally on Monday, November 9 showed how mixed the wider market has become. Traders will also watch ETF flows. If outflows slow or turn into inflows, that would suggest large holders are done selling for now.
A Positive Note: Coinbase Wins Full Bank Charter Approval
Not all the news in the week was negative. Coinbase won full approval from the Office of the Comptroller of the Currency for its National Trust Company on November 6, 2026. The approval converted a conditional approval from April into a full national trust bank charter, and Coinbase announced the news on November 9.
The charter matters because it moves custody of crypto assets under a federal bank supervisor. It does not change the price of Bitcoin on its own, and it did not stop the fall this week, but it does show that the regulatory picture for large crypto firms is still moving forward even while prices fall.
FAQs
Why did Bitcoin fall below $75,000?
Bitcoin fell below $75,000 after a mix of pressures built up at the same time. United States spot Bitcoin ETFs saw $1.28 billion in outflows in the week to November 6, plus another $201 million on November 9. More than $1 billion in crypto positions were liquidated in 24 hours. Stocks also fell hard on November 5, and headlines around Nvidia and stalled Iran talks added to a cautious mood.
How far is Bitcoin from its all time high?
Bitcoin is about 40.94 percent below its all time high of $126,156. At a price near $74,000 to $75,000, that gap shows how much of the record run has been given back. The price is also down about 10 percent over the last month and down 29.37 percent over the last year, based on Finnhub data.
What is the Crypto Fear and Greed Index showing now?
The Crypto Fear and Greed Index stood at 32, which sits in Fear territory. It had risen slightly from 29 the previous day, so fear eased a little, but the reading still showed low confidence among traders. The index is a mood gauge, not a price forecast, and it can stay in fear for a while even if prices steady.
What should traders watch next for Bitcoin?
The main events are the United States October consumer price index report on Tuesday, November 10, at 8:30 a.m. Eastern Time, and the Federal Reserve decision in December, where markets broadly expect a 25 basis point cut. On the chart, support sits at $73,700 and then $70,000, while resistance sits at $75,562 and then $76,300 to $76,500. ETF flows will also show whether selling is easing or still building.
SOURCES
Final Thoughts
Bitcoin below $75,000 marks a clear change in tone from the record highs of the year. The fall to about $73,761, the $1.28 billion in weekly ETF outflows, and more than $1 billion in liquidations all point to a market where sellers have had the upper hand. The Coinbase charter approval shows that progress in the industry has not stopped, but it has not been enough to turn the price around on its own. The October inflation report and the December Federal Reserve decision will shape rate hopes, while ETF flows and the $73,700 support level will show whether buyers are ready to step back in. Prices move fast in crypto, so readers should check live prices before acting on any market news. This article is not investment advice.
