📃 Nov 10, 2026 – ASIA Cryptocurrency Market 8h Daily Trend Forecast

Crypto Market Analysis & Trend: Trending Down

The crypto market is in a significant downturn, with prices dropping and trading activity picking up. Bitcoin’s price on November 8th, 2026, fell -0.60% to $75,411.87. Ethereum also saw a notable decline, dropping -3.95% to $2,151.79 on November 8th, with high volatility at 9.03%. This aligns with a broader negative market sentiment.

Market capitalization figures confirm the bearish trend. Bitcoin’s cap fell -1.54% to $1,500,187,259,116 on November 9th, while Ethereum’s dropped -5.12% to $259,255,254,938 the same day. Despite these declines, trading volumes surged. Bitcoin’s volume jumped 49.14% to $16,361,633,805, and Ethereum’s volume climbed 89.21% to $7,987,755,975 on November 9th. This points to active selling and position adjustments, not a lack of market interest.

Exchange activity shows increased trading. Binance recorded $53,790 in volume on November 9th, a 56.48% jump from the previous day. OKX saw an even more dramatic rise, with its volume climbing 112.91% to $18,906. KuCoin’s volume increased 102.65% to $14,939. Market participants are clearly reacting to the downward pressure.

Sentiment indicators show fear. The Fear and Greed Index registered 29 points on November 9th, according to Alternative.me, placing it firmly in ‘fear’ territory. News of over $1 billion in liquidations across the market confirms this sentiment. Bitcoin’s hash rate dropped significantly by -17.22% to 819.05B on November 9th, following a -1.40% drop on November 8th. This suggests stress in the mining sector, though mining difficulty remained stable at 148.36T. With these widespread negative indicators, the market may trend down for the next 8 hours.

What is important

The crypto market is seeing significant price drops and widespread fear. Bitcoin and Ethereum have both declined notably, with Bitcoin’s capitalization down -1.54% and Ethereum’s down -5.12% on November 9th, 2026.

High trading volumes on exchanges like Binance, which saw a 56.48% increase, and OKX, with a 112.91% rise, point to active market participation during this downturn. The Fear and Greed Index at 29 points on November 9th confirms a ‘fear’ sentiment, consistent with news of over $1 billion in liquidations. Upcoming high-impact economic events, such as the CPI data on November 10th, could add more volatility.

Top 5 – Latest Headlines & Cryptocurrency News

👎 Bitcoin and Ethereum Just Hit Their Lowest Prices Since August After $1 Billion in Liquidations. Where Do Analysts Say They Bottom?
– Bitcoin and Ethereum experienced a significant price drop, reaching their lowest points since August. This decline followed over $1 billion in liquidations, prompting analysts to assess potential bottoming points for the cryptocurrencies. The market sentiment is currently cautious due to these sharp downturns and substantial financial losses.

👎 Bitcoin Price Drops Below $74,000 as Liquidations Top $1 Billion
– Bitcoin experienced a sudden price drop, leading to significant liquidations exceeding $73,477. This sharp decline impacted traders and the broader market, highlighting the volatility inherent in cryptocurrency trading. The event underscores the risks associated with leveraged positions in the volatile crypto space.

👎 Bitcoin price drops toward $74K as crypto liquidations top $1 billion
– Bitcoin´s price has fallen below $75,000, accompanied by significant ETF outflows and liquidations. This downturn suggests a bearish trend in the cryptocurrency market, with investors potentially withdrawing funds and traders facing substantial losses due to leveraged positions being liquidated.

👎 Bitcoin loses 50-week moving average as 24-hour crypto long liquidations top $1 billion
– Bitcoin has fallen below its 50-week moving average, a significant technical indicator, amid substantial liquidations in the crypto market. Over $1 billion in leveraged crypto positions were liquidated in the past 24 hours, signaling increased volatility and downward pressure on prices. This marks a challenging period for the cryptocurrency market.

👎 Bitcoin Price Struggles Below $75K as $1.2B in Crypto Bets Get Wiped Out
– Bitcoin´s price is struggling to stay above $75,000, leading to significant liquidations in the crypto market. Over $1.2 billion in leveraged crypto bets have been wiped out as the market experiences volatility. This downturn suggests a bearish sentiment among investors as key support levels are tested.

Factors Driving the Growth – Market Sentiment

News keyword analysis shows a strong focus on “bitcoin,” appearing 21 times in positive contexts and 28 times in negative ones, showing its central role in market discussions, regardless of sentiment. “Cryptocurrency” also appeared 28 times in negative news, alongside “ethereum” with 13 negative mentions compared to 5 positive. Negative terms like “liquidations” (7 occurrences), “binance” (11 occurrences), and “price” (6 occurrences) show the market’s current challenges. Positive keywords such as “airdrop” (9 occurrences) and “avalanche” (8 occurrences) point to specific areas of interest or development that are bucking the broader negative trend, particularly in relation to tokenized stocks on Avalanche as noted in one positive news item.

Positive Terms – Sentiment Analysis

Negative Terms – Sentiment Analysis

Crypto Investor Fear & Greed Index

The Fear and Greed Index shows a prevailing ‘fear’ sentiment in the crypto market. On November 9th, 2026, the index registered 29 points, according to Alternative.me and Milkroad.com, placing it firmly in the 25-49 point ‘fear’ range. It’s up 1 point from November 8th’s 28 points, and a 4-point rise from November 7th’s 25 points, according to Alternative.me. Coinstats.app data for November 9th shows values ranging from 26pt to 29pt, with several negative variations of -1pt or -2pt throughout the day, suggesting fluctuations within the fear zone. Consistent readings below 50 points across multiple sources confirm market participants are cautious.

Bitcoin: Active Addresses

Bitcoin address indicators show stable, if slightly fluctuating, wallet activity. On November 9th, 2026, total addresses reached 1,560,504,344 by 23:00:00, with a 0.00% variation throughout the day, according to bitaps.com. Zero balance addresses also showed minimal change, totaling 1,503,346,715 at 23:00:00 with a 0.00% variation. Addresses holding over 0.000001 BTC held steady at 5,038,075 by 23:00:00, with 0.00% variation, while addresses with over 0.0001 BTC saw slight variations, ending at 14,090,988 with a 0.01% increase. Larger holders, such as those with over 1 BTC, numbered 823,989 with a 0.01% increase, and addresses with over 1,000 BTC stood at 1,947, showing a -0.10% variation. Data for ‘Bitcoin Active Addresses’ from btc.com was not available for recent dates, showing 0 for August 8th, 2026, indicating a gap in current active address metrics.

Economic events to move the cryptocurrency market

The global financial market has two high-impact economic events coming up on November 10th, 2026, at 13:30:00. These are the release of the CPI Ex-Food & Energy- M/M and the CPI CPI – M/M data. Both are critical inflation indicators, and their outcomes can significantly influence broader market sentiment and policy expectations. Given the current bearish trend in the crypto market, these inflation reports could either worsen existing pressures or spark a shift in investor confidence, depending on whether the figures meet, exceed, or fall short of expectations.

Crypto Assets Prices

Cryptocurrency prices have seen significant downward movement and increased volatility recently. Bitcoin’s price on November 8th, 2026, was $75,411.87, falling -0.60% over 24 hours with 3.66% volatility. Ethereum, on November 9th, 2026, traded at $2,135.31, up 0.37% over 24 hours, but its volatility was 3.72%. Looking back to November 8th, Ethereum saw a more pronounced drop, with its price at $2,151.79, down -3.95% over 24 hours, and high 24-hour volatility of 9.03%. Binance Coin also followed this trend, with a price of $689.22 on November 8th, a -1.00% 24-hour variation, and 3.48% volatility. These figures point to a challenging period for major cryptocurrencies, marked by price depreciation and heightened market swings.

Cryptocurrency Capitalization and Volume

Market capitalizations for major cryptocurrencies fell on November 9th, 2026, while trading volumes surged. Bitcoin’s capitalization dropped -1.54% to $1,500,187,259,116, even as its volume climbed 49.14% to $16,361,633,805. Ethereum saw a more substantial drop in capitalization, falling -5.12% to $259,255,254,938, with an 89.21% increase in volume to $7,987,755,975. Ripple’s capitalization fell -4.49% to $70,532,568,488, with its volume rising 14.15%. Binance Coin’s capitalization dropped -1.76% to $89,828,292,977, and its volume increased 16.97%. Tether, a stablecoin, saw a slight capitalization increase of 0.02% to $176,867,841,606, with its volume also up 50.81%. The simultaneous decrease in capitalization and increase in volume points to active selling pressure across the market.

Cryptocurrency Exchanges Volume and Variation

Cryptocurrency exchanges saw a significant surge in trading volumes on November 9th, 2026, amid the broader market downturn. Binance, the largest exchange by reported volume, saw its volume climb 56.48% to $53,790. Other major exchanges also saw substantial increases: OKX’s volume rose 112.91% to $18,906, KuCoin’s by 102.65% to $14,939, and Crypto.com’s by 121.25% to $5,341. Gate.io’s volume increased 80.47% to $14,838. Coinbase and Kraken also saw notable gains, with volumes up 44.23% to $12,460 and 33.22% to $7,768, respectively. This widespread increase in trading volume across multiple platforms points to heightened market activity, likely driven by investors reacting to recent price movements and liquidations.

Mining – Blockchain Technology

Bitcoin mining indicators show stable difficulty but a notable drop in hash rate. On November 9th, 2026, the mining difficulty remained unchanged at 148.36T, consistent with the previous two days. However, the hash rate, which represents the computational power dedicated to mining, decreased significantly by -17.22% to 819.05B GB on November 9th. This follows a -1.40% drop on November 8th. Despite these fluctuations in hash rate, block rewards remained constant at 3.13 BTC, with no variation observed across the week. The hash rate decline could suggest some miners are reducing operations or facing increased costs, potentially due to current market conditions, though stable difficulty implies the network is adjusting to maintain consistent block times.

Taking stock

The crypto market is seeing pronounced bearish sentiment, with widespread price declines and palpable fear among participants. Bitcoin and Ethereum have both experienced significant drops in value and market capitalization, with Bitcoin’s market cap falling -1.54% and Ethereum’s -5.12% on November 9th, 2026. The Fear and Greed Index consistently registering in the ‘fear’ zone at 29 points further shows this downward pressure.

Despite the price depreciation, trading volumes across major exchanges have surged dramatically. Exchanges like OKX and KuCoin saw their volumes more than double on November 9th, pointing to active market engagement, likely driven by liquidations and position adjustments. This high volume during a price drop suggests market participants are actively responding to negative catalysts, rather than withdrawing entirely. The substantial liquidations, exceeding $1 billion, have been a central theme in recent news, stressing the volatility and risk in the current environment.

The decline in Bitcoin’s hash rate, down -17.22% on November 9th, could signal operational challenges for miners, potentially due to reduced profitability or increased energy costs. This mining data, combined with the broader market’s reaction to price drops and liquidations, shows a market under considerable stress. The upcoming high-impact economic events, specifically the CPI data on November 10th, loom as potential inflection points that could either deepen the current downturn or offer a much-needed reprieve.

So What

The current market conditions have concrete implications for anyone involved in crypto. The significant price drops in Bitcoin and Ethereum, coupled with over $1 billion in liquidations, mean leveraged positions face substantial risk, and many traders have already incurred heavy losses. The prevailing ‘fear’ sentiment, as indicated by the Fear and Greed Index at 29 points, suggests investors are cautious, which can lead to further selling pressure or slow down any potential recovery.

The surge in trading volumes on exchanges like Binance and OKX during this downturn shows the market is highly active, not stagnant. This increased activity, however, appears driven by selling and position adjustments rather than accumulation. For those holding assets, recent declines in market capitalization for Bitcoin (-1.54%) and Ethereum (-5.12%) directly impact portfolio values. The upcoming CPI data on November 10th could introduce further volatility, making it a critical event for short-term market direction.

What next?

Market participants should closely monitor upcoming high-impact economic events scheduled for November 10th. The release of the CPI Ex-Food & Energy- M/M and CPI CPI – M/M data on November 10th, 2026, at 13:30:00, will be a key determinant of broader market sentiment and could directly influence crypto prices. Unexpected inflation figures could trigger sharp reactions.

Watch Bitcoin’s price levels, particularly its ability to hold above or below the $74,000 to $75,000 range, which recent news reports as a struggle point. For Ethereum, the $2,060 level will be important to watch for potential support. Continued high trading volumes on exchanges like Binance, OKX, and KuCoin should be monitored for any signs of a shift from selling pressure to accumulation, which could signal a potential bottoming process. A sustained decrease in the Fear and Greed Index below 29 points would signal deepening fear, while a move towards the mid-range could suggest sentiment stabilization.

Disclaimer – Informational Content, Not Investment Advice

Content provided herein is solely for informational purposes and should not be construed as a recommendation, endorsement, or suggestion to engage in any form of investment activity. The information presented in this post is not intended to serve as financial, legal, tax, or investment advice.

About the Author: CryptoTrends Team

With over five years of diving deep into cryptocurrencies and blockchain, we’ve cemented our position as experts in the digital currency realm. Our team has not only contributed to a multitude of pioneering blockchain projects but has also enlightened thousands with our incisive articles CryptoTrends. Always at the cutting edge of crypto trends, we proudly collaborate with CryptoBotStation, ensuring our readers stay one step ahead in this dynamic space.