Bitcoin edges up on November 10, 2026 amid fear

1. BITCOIN RECOVERS MODESTLY AFTER LIQUIDATION WAVE
Bitcoin traded around $75,189.76 at 08:00 KST on CoinMarketCap, up 1.07% over 24 hours but still down 2.09% over one week. Coinbase earlier recorded $74,816.63, down 1.19%, while Coin360 showed $75,242, up 1.32%, meaning the actual price varied considerably across exchanges. On Korean platforms, Bithumb quoted Bitcoin at 101,990,000 KRW, up 0.20%, and Upbit showed 102,252,000 KRW, down 0.20%, with the kimchi premium near 0.98%. Bitcoin's market dominance stood at 59.84% according to Coin360, showing capital remains concentrated in BTC. Dip-buying after over $1 billion in liquidations helped BTC recover, but negative weekly ETF flows continue to weigh on sentiment.

2. ETHEREUM FACES HEAVIER SELLING PRESSURE
Ethereum data diverged: Coinbase showed $2,128.42, down 4.39%, while CoinMarketCap and Coin360 showed around $2,133–$2,135, up 0.31% to 0.73%. ETH liquidations exceeded $500 million, above Bitcoin's roughly $309 million, and spot Ether ETFs recorded about $365 million in net outflows last week. The aggressive deleveraging suggests crowded long positions were forced to unwind, while institutional flows toward the second-largest crypto remain cautious. This pressure makes ETH a focal point of the decline, rather than merely following Bitcoin's moves.

3. SOL AND BNB EDGE UP, ALTCOINS BUCK TREND
Solana traded near $86.81, up 0.69% on CoinMarketCap, and Coin360 showed $87, up 1.32%; BNB reached $690–$691, up 1.07–1.32%. Chainlink stood out with a 3.63% gain to $11, Dogecoin rose 1.96% to $0.07, and Hyperliquid added 1.74% to $76. In contrast, Zcash fell 1.73% to $1,181 and Monero declined 0.82% to $611. The rotation into select altcoins with idiosyncratic catalysts suggests market flows remain selective rather than broad-based. These gainers reflect selective buying rather than a broad market advance, signaling defensive positioning.

4. LIQUIDATIONS HIT $1.16 BILLION AND ETF OUTFLOWS PERSIST
Total crypto derivatives liquidations reached about $1.16 billion over 24 hours, with longs accounting for roughly $1.04 billion. US spot Bitcoin ETFs posted about $1.28 billion in net outflows last week, while Ether ETFs saw about $365 million in outflows. Forced closing of leveraged positions and persistent ETF selling are two key factors preventing a sustainable rebound.

5. FEAR INDEX AND CPI CATALYST IN FOCUS
The Crypto Fear & Greed Index fell to 29, signaling “fear.” Markets are awaiting the US October CPI release at 22:30 KST on November 10, 2026, as this data could shift Fed rate expectations and trigger sharp moves in risk assets. A hotter-than-expected print may add pressure on crypto, while cooling inflation could improve sentiment. At present, the market has not established a clear direction.

Key watch for today: US October CPI release at 22:30 KST on November 10, 2026.

*Information is aggregated for reference only, not investment advice.*