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Crypto 11/07/2026: Bitcoin Holds Near $76,000

Crypto 11/07/2026: Bitcoin Holds Near $76,000

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1. BITCOIN GRINDS NEAR $76,000.
CoinMarketCap at 08:30 KST showed BTC at $75,847, down 0.01% over 24 hours and down 1.61% over the week. Other exchanges posted $76,002–$76,010, with 24-hour changes from -0.71% to +0.10%. Korean platforms reported BTC near 103.58 million KRW (up 0.6%), with 76% of 41 coins having 24-hour volume above 5 billion KRW rising and combined volume of 2.0 trillion KRW; IT Chosun cited a level near 100 million KRW (down 4.7%). Mixed quotes highlight indecision near the psychological level.

2. ETH AND SOL DIP WHILE ALTCOINS SPLIT.
Ethereum dropped 1.38% to $2,229 over 24 hours, while Solana slipped 0.17% (exact price not given in source). Zcash rose 6.65% and XRP fell 4.75%, signaling selective capital flows under broader pressure. On Korean exchanges, ETH traded at 3.05 million KRW, up 0.6% over 24 hours.

3. LONG LIQUIDATIONS TOTAL $298.41M.
Coinglass shows top-20 asset liquidations reached $298.41 million, with long positions accounting for $238.91 million (80.06%). Bitcoin led with $111.29 million liquidated (83% longs), followed by Ethereum at $75.42 million (86% longs). The short-term bounce squeezed late buyers, adding short-term downward pressure.

4. FEAR INDEX SLUMPS TO 28–32.
The Fear & Greed Index dropped from 50 to 28, while the CMC index stood at 32, both in Fear territory. The kimchi premium near +0.0% indicates no strong Korean buying impulse, marking a shift from neutral to defensive sentiment.

5. WEEKLY BACKDROP: HACK, ELECTIONS, TECH SELL-OFF.
The market was shaken by a Binance hack of roughly $6.3 billion, the US midterm elections, and AI/tech stock selling pressure, with the Nasdaq Composite down 5.52% on November 5. Macro uncertainty and exchange-security concerns continue to limit risk appetite.

Key event to watch today: Market reaction to post-U.S.-midterm developments and Binance hack remediation updates.

*Information is aggregated for reference only and does not constitute investment advice.*

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