Crypto is still in “Fear” this morning after a hot US inflation report. The Crypto Fear & Greed Index slipped to 29 (alternative.me), Bitcoin is near $73,977 and Ethereum near $2,058 (CoinGecko), and markets now price a December Fed rate hike as very likely after October CPI beat forecasts (Investing.com). PulseChain (PLS) is down about 6% over seven days on CoinGecko data.
This is education, not financial advice. All prices below were pulled around 6:00 a.m. ET on November 11, 2026, and markets move fast.
Market sentiment: back down to 29
The Crypto Fear & Greed Index reads 29 (Fear) today, down from 32 on Tuesday. Over the past eight days it has read 34, 50, 28, 25, 28, 29, 32 and 29, so the only break from Fear was a single Neutral reading of 50 on November 5.

The total crypto market is worth about $2.45 trillion, with Bitcoin making up about 60.5% of it, according to CoinGecko’s global data.
Bitcoin (BTC) today: near a three-month low
Bitcoin is trading near $73,977, down about 0.2% over 24 hours and down 5.8% over seven days on CoinGecko. Hourly prices this week ranged from about $72,840 to about $80,670.
- Three-month low overnight: Bitcoin hit a three-month low in overnight trade, pressured by a stronger dollar and higher yields, and was down 1.1% at $73,698 by 4:52 a.m. ET, Investing.com reported.
- CPI-day dip: At Tuesday’s Wall Street open, bitcoin fell as low as $73,518, near Sunday’s low and its lowest level since August 21, before climbing back above $74,000, per Cointelegraph.
- ETF outflows, day four: US spot bitcoin ETFs saw $95 million in net outflows on November 10, the fourth straight session. BlackRock’s IBIT lost $78.24 million and Fidelity’s FBTC $36.79 million, while Morgan Stanley’s MSBT took in $20.03 million, per TokenPost using SoSoValue data. Bitcoin.com News reported that 2026 net outflows now top $1.1 billion.

Ethereum (ETH) today: down 11.5% on the week
Ethereum is near $2,058, down about 1.5% over 24 hours and down 11.5% over seven days on CoinGecko, the weakest of the three coins we track here. The news around it:
- Glamsterdam on hold for audits: The Ethereum Foundation asked core developers not to decide the next step for the Glamsterdam upgrade until outside audits of two proposed gas changes, EIP-8037 and EIP-8038, are public. The trigger was four reports of deployed contracts that could break under the changes, per the Ethereum Foundation blog and Crypto Briefing. The Hoodi testnet fork, once planned for October 26, had no new date as of November 10.
- ETF flows: US spot ether ETFs also had a fourth straight day of outflows on November 10, though only about $1.3 million left, per Bitcoin.com News.
PulseChain (PLS) today: down on the week, thin data
PLS is near $0.0000051, down about 6.2% over seven days on CoinGecko and down about 5.8% over 24 hours on CoinMarketCap. Both trackers showed little or no reported 24-hour trading volume for PLS this morning, and CoinGecko’s hourly PLS feed had gaps this week, so read short-term moves with care.
Quick refresher on the tech: CoinMarketCap describes PulseChain as an Ethereum fork that runs on proof-of-stake validators with roughly 3-second blocks and burns part of its transaction fees (CoinMarketCap). We did not find major-outlet PulseChain headlines this morning that we could verify, so we are sticking to the data. New to the chain? Start with What Is PulseChain and Why Was It Built and What Are PulseChain Validators.
What is moving markets: inflation, the Fed, tech and Washington
Macro: CPI came in hot
The Bureau of Labor Statistics said consumer prices rose 0.4% in October, above the 0.3% economists expected, and core prices rose 0.3% versus 0.2% expected. Shelter accounted for over 30% of the monthly increase, and there was no yearly rate because last year’s shutdown stopped October 2025 data collection (CNBC). The Cleveland Fed estimated the yearly jump at 3.8%, well above the Fed’s 2% target (Yahoo Finance/AFP). Fed Governor Christopher Waller had said the Fed ought to raise rates in December and consider a half-point hike if inflation worsens (Reuters via Investing.com).
Likely short-term impact: CME FedWatch showed close to an 89% chance of a quarter-point hike in December and a small chance of a half point, Investing.com reported, and higher rates tend to weigh on speculative assets. Longer term: how far the Fed goes on rates into 2027 shapes how much appetite there is for riskier assets like crypto.
Tech: a shaky day for the Nasdaq
The Nasdaq Composite opened down 0.6% on CPI day before recovering, and Nvidia shares fell nearly 4%, Cointelegraph reported. It also cited the prospect of tighter AI-sector regulation under a Democratic-controlled Congress as a headwind for stocks. Why it matters for crypto: bitcoin often trades alongside big tech on risk-off days, so tech weakness can spill over in the short term.
Regulation: banks for crypto firms, and a cloudier Congress
The OCC upgraded Coinbase’s national trust charter from conditional to full, letting it run federally regulated custody and payments services without taking deposits or making loans, CoinDesk reported. Ripple won the same status last month, while the Independent Community Bankers of America is suing the OCC over these charters. Separately, Investing.com said uncertainty over the US regulatory outlook is weighing on crypto after Democrats won majorities in both chambers of Congress. Short term: little changes for everyday users. Long term: more crypto firms inside the banking system, but slower progress on new market rules.
Mafia safety tip: brand-new tokens with sudden action
Not every busy-looking token is busy because people want it. Elliptic found North Korea’s TraderTraitor group moving stolen funds through freshly minted meme coins it created for about $90 apiece, washing roughly $430,000 through six of them on NEAR between November 5 and 7, Decrypt reported. Before you trust a volume number, check who is actually trading. This week’s Mafia Watch on wash trading and fake volume shows you how.
Frequently asked questions
Why is crypto down today, November 11, 2026?
October US inflation came in hotter than expected, and traders now see a December Federal Reserve rate hike as very likely, which weighs on riskier assets like crypto, Investing.com reported. US spot bitcoin ETFs also posted a fourth straight day of net outflows on November 10, per TokenPost using SoSoValue data.
What is the Crypto Fear & Greed Index today?
It reads 29, “Fear,” on November 11, 2026, down from 32 the day before, per alternative.me. It has stayed in Fear or Extreme Fear every day this week except November 5, when it touched 50.
What did the October CPI report show?
Consumer prices rose 0.4% in October versus 0.3% expected, and core prices rose 0.3% versus 0.2% expected, CNBC reported. The Bureau of Labor Statistics did not publish a yearly rate because of last year’s government shutdown.
Is this financial advice?
No. CoinMafia shares market news for education only. We do not tell anyone what to buy or sell, and we do not predict prices.
Keep learning
- Crypto Market Today: November 10, 2026
- Mafia Watch: How to Spot Wash Trading and Fake Crypto Volume
- What Is a Crypto Portfolio Tracker?
- Crypto Made Simple
- How to Get Started in Crypto Safely
Disclaimer: This post is for education only and is not financial, investment, legal or tax advice. CoinMafia does not tell you what to buy or sell and does not predict prices. Crypto is volatile; do your own research.

































