📃 Nov 13, 2026 – EUROPE Cryptocurrency Market 8h Daily Trend Forecast

Crypto Market Analysis & Trend: Down

The crypto market is clearly trending down, with sentiment, prices, and activity all pointing lower. The Fear and Greed Index, a key sentiment gauge, hit ‘Extreme Fear’ at 20pt on November 13, according to Alternative.me and Milkroad.com. That’s a notable drop from 28pt on November 12 and 29pt on November 11. Coinstats.app reported an even lower 18pt on November 13 at 05:10:00, showing how negative sentiment has intensified over the past 48 hours.

Prices confirm the bearish trend. Bitcoin was $73,609.04 on November 12, down 0.42% with a 24-hour variation of -0.65%. Ethereum saw a sharper drop, falling to $1,942.36 on November 13, a 5.57% price decline and a 5.32% 24-hour variation. Ethereum’s volatility also surged to 8.30% on November 13, up from 3.34% the day before, signaling much choppier trading. Binance Coin also slipped 0.88% to $674.50 on November 12. These moves, especially Ethereum’s significant decline and increased volatility, point to strong selling pressure across major assets.

Market capitalization also confirms the downtrend. On November 13, Bitcoin’s market cap fell 3.62% to $1,435,005,426,638, while Ethereum’s dropped 2.00% to $246,522,422,448. Binance Coin and Ripple also saw their capitalization decline by 3.49% and 1.29%, respectively. Despite these value drops, trading volumes on several exchanges increased. Bitfinex saw an 80.12% volume jump, and Kraken’s volume rose 46.95% on November 13. This suggests active trading during the price declines, likely driven by selling or short-term speculation rather than accumulation.

The mining sector shows strain too. Bitcoin’s hash rate dropped significantly by 10.56% to 885.03B GB on November 13, down from 989.47B GB on November 12. While mining difficulty held steady at 148.36T, this big cut in computational power could signal lower miner confidence or profitability. This downward trend could potentially continue for the next 8 hours, given the consistent negative sentiment, falling prices, and shrinking capitalization, all compounded by negative news around ETF outflows and market liquidations.

What is important

Bearish sentiment now dominates the crypto market, with the Fear and Greed Index stuck in ‘Extreme Fear’ at 18-20pt on November 13. Major cryptocurrencies like Bitcoin and Ethereum have seen significant price and capitalization drops. Ethereum’s price fell below $2,000, and its volatility jumped to 8.30% on November 13.

BlackRock’s Bitcoin ETF (IBIT) saw significant outflows, totaling $367 million over nine days, signaling a shift in institutional investor sentiment. This, coupled with a substantial 10.56% drop in Bitcoin’s hash rate on November 13, points to a broad market correction. Upcoming high-impact economic events, like the PPI-Final Demand data due on November 13 at 13:30:00, could further sway the market.

Top 5 – Latest Headlines & Cryptocurrency News

👎 BlackRock Bitcoin ETF outflows hit $2B over nine sessions
– BlackRock´s Bitcoin ETF (IBIT) has experienced an unprecedented nine-day streak of outflows, totaling $367 million. This sustained selling pressure follows a period of strong inflows, raising concerns about investor sentiment and potential shifts in the digital asset market. The outflows suggest a cautious approach from investors despite the recent approval of spot Bitcoin ETFs.

👎 Bitcoin Falls Alongside Nvidia as ETF Outflows Reach $1.44 Billion
– Bitcoin experienced a significant downturn, mirroring a decline in Nvidia´s stock. This drop coincided with substantial outflows from Bitcoin ETFs, totaling $1.44 billion. The market is reacting to these outflows and broader economic factors, leading to a bearish sentiment among investors.

👎 Ethereum price falls below $2,000, is a deeper crash coming?
– Ethereum´s price has fallen below $2,000, triggering significant liquidations and outflows. This downturn suggests a bearish trend in the market, impacting investor confidence and potentially leading to further price declines. The current market conditions highlight the volatility associated with cryptocurrencies, especially during periods of price depreciation.

👎 Bitcoin Price Breaks Below $72K as $656M Liquidation Bloodbath Hits Crypto
– Bitcoin´s price has fallen below $72,000, triggering a significant liquidation event with over $656 million in crypto assets being liquidated. This sharp decline has led to a broad market downturn, impacting various cryptocurrencies and causing substantial losses for traders. The market is experiencing a ´bloodbath´ as prices continue to drop.

👎 Binance Says It Has Fully Covered the $6.34 Billion Hack With Company Funds
– Binance, the world´s largest cryptocurrency exchange, has announced it will cover the full financial losses incurred by users due to a recent hack. The exchange will use its “Secure Asset Fund for Users” (SAFU) to reimburse affected customers, demonstrating a commitment to user security despite the significant financial impact of the breach.

Factors Driving the Growth – Market Sentiment

Recent keyword mentions show strong negative sentiment dominating market discussions. ‘Bitcoin’ appeared 46 times in negative contexts versus 19 positive, while ‘cryptocurrency’ had 21 negative mentions against 6 positive. Key negative keywords included ‘outflows’ (9 occurrences), ‘bitcoin etf’ (7), ‘price’ (7), ‘hack’ (5), and ‘blackrock’ (4), all directly linked to recent news about ETF outflows and price drops. In contrast, ‘usdc’ (12 occurrences) and ‘stablecoin’ (9) were often mentioned positively, suggesting some resilience or interest in stable assets during the broader market downturn. The wide gap between positive and negative mentions for assets like Bitcoin, and the frequent use of market decline terms, highlights the current bearish mood.

Positive Terms – Sentiment Analysis

Negative Terms – Sentiment Analysis

Crypto Investor Fear & Greed Index

The Fear and Greed Index plunged into ‘Extreme Fear’, hitting 20pt on November 13 from Alternative.me and Milkroad.com. That’s an 8pt drop from the 28pt recorded on November 12. Coinstats.app reported an even lower 18pt on November 13 at 05:10:00, showing how negative sentiment is deepening. The index has consistently stayed below 25pt on November 13, shifting from ‘Fear’ on November 12 (28pt) to ‘Extreme Fear’ today. This sustained move signals growing apprehension among market participants, pointing to a lack of confidence and a bias towards selling.

Bitcoin: Active Addresses

Bitcoin address indicators are mixed: overall address growth continues despite market downturns. Total Bitcoin addresses hit 1,561,451,752 by November 13 at 07:00:00. Zero-balance addresses also rose to 1,504,323,503 at the same time, both showing minor hourly increases. Addresses holding various amounts of Bitcoin generally saw slight increases or remained stable, like ‘Addresses with over 0.000001’ which reached 5,026,604 on November 13 at 07:00:00. However, larger balance categories, specifically ‘Addresses with over 10’ and ‘Addresses with over 100’, slipped 0.02% and 0.01% respectively on November 13 at 07:00:00. Data for ‘Bitcoin Active Addresses’ from btc.com reported 0 across all dates, which seems to be a data reporting issue rather than an actual absence of active addresses.

Economic events to move the cryptocurrency market

Several high-impact economic events are coming on November 13, including producer price index (PPI) data releases at 13:30:00. These include ‘PPI-Final Demand Ex-Food & Energy – Y/Y’ and ‘M/M’, plus ‘PPI-Final Demand PPI-FD – M/M’ and ‘Y/Y’. These inflation indicators matter for broader financial markets and could sway investor sentiment towards risk assets like cryptocurrencies. Events from November 12, such as the ‘EIA Petroleum Status Report’, ‘Existing Home Sales’, and ‘Jobless Claims’ data, have already passed. The market will now watch closely for how it reacts to the PPI numbers.

Crypto Assets Prices

Major cryptocurrencies show a clear downward trend and increased volatility. Ethereum’s price dropped significantly to $1,942.36 on November 13 at 07:30:00, with a 5.57% price decline and a 5.32% 24-hour variation. Its 24-hour volatility surged to 8.30%, a substantial jump from 3.34% on November 12. Bitcoin, while seeing a smaller decline, was priced at $73,609.04 on November 12 at 07:30:00, with a 0.42% price variation and 0.65% 24-hour variation. Binance Coin also slipped 0.88%, reaching $674.50 on November 12 at 07:30:00. These figures point to a challenging period for crypto prices, especially for Ethereum, which is showing heightened instability.

Cryptocurrency Capitalization and Volume

Major cryptocurrencies saw their market capitalization decline on November 13. Bitcoin’s cap fell 3.62% to $1,435,005,426,638, while Ethereum’s dropped 2.00% to $246,522,422,448. Binance Coin lost 3.49%, hitting $86,274,334,304, and Ripple’s capitalization slipped 1.29% to $66,054,254,918. Tether, a stablecoin, saw a minimal 0.10% decrease to $175,552,978,657. Despite these cap decreases, trading volumes were mixed. Bitcoin’s volume jumped 4.92% to $27,652,834,391, Ethereum’s rose 10.62% to $10,190,558,605, and Binance Coin’s surged 37.67% to $698,823,651. Ripple’s volume, however, fell 6.33%. These increased volumes alongside falling prices point to active selling pressure in the market.

Cryptocurrency Exchanges Volume and Variation

Trading volumes across major crypto exchanges showed varied activity on November 13. Bitfinex recorded a substantial 80.12% volume increase, hitting $4,539 after two days of declines. Kraken also saw a significant surge, with its volume rising 46.95% to $20,028. Other exchanges like Crypto.com, Coinbase, and Binance reported volume increases of 19.20% ($10,465), 15.15% ($25,882), and 11.06% ($98,675) respectively. Conversely, Bybit and Gate.io saw slight volume decreases of 12.48% ($21,572) and 0.27% ($22,384). The overall increase in trading activity on several major platforms, particularly Bitfinex and Kraken, suggests heightened market participation during this period of price volatility.

Mining – Blockchain Technology

Bitcoin mining indicators show a mixed but concerning picture for November 13. Mining difficulty held stable at 148.36T, with no change since November 7. The number of mined blocks continued its consistent 0.01% daily increase, reaching 975.61K. Block rewards also held steady at 3.13 BTC, with no variation. However, the hash rate, a measure of computational power, plunged 10.56% to 885.03B GB on November 13, down from 989.47B GB on November 12. This substantial hash rate reduction, following a smaller 0.62% decrease on November 12, could signal miners reacting to current market conditions or profitability worries.

Taking stock

The crypto market is in a challenging period, marked by widespread bearish sentiment and significant price corrections. The Fear and Greed Index’s drop into ‘Extreme Fear’ at 18-20pt on November 13 shows a clear shift in investor psychology, moving away from the ‘Fear’ seen on November 12. This sentiment is backed by dominant negative keywords in recent news; ‘bitcoin’ appeared 46 times in negative contexts compared to 19 positive mentions, and ‘outflows’ was a frequent concern.

Major cryptocurrencies are seeing notable declines in market capitalization. Bitcoin’s market cap fell 3.62% and Ethereum’s dropped 2.00% on November 13. These drops come with increased trading volumes on several exchanges, like Bitfinex’s 80.12% volume surge and Kraken’s 46.95% increase. This suggests current market activity is driven by selling, not accumulation. The substantial 10.56% drop in Bitcoin’s hash rate on November 13 further indicates potential stress in the mining sector, which often tracks broader market health.

Extreme fear, declining market caps, and increased trading volume during price drops all point to a market under pressure. While some positive news, like stablecoin developments, is out there, it’s largely overshadowed by the prevailing negative sentiment and concrete market data showing a downturn. The upcoming high-impact PPI data on November 13 at 13:30:00 could bring more volatility or confirm existing trends.

So What

For those watching the crypto market today, the current environment signals heightened risk and potential for further price drops. The ‘Extreme Fear’ reading on the Fear and Greed Index means many investors are likely selling or avoiding new positions, which can worsen downward price moves. Significant outflows from BlackRock’s Bitcoin ETF, totaling $367 million over nine days, show even institutional capital is pulling back, cutting a key source of demand.

Ethereum’s price drop below $2,000 and its elevated 8.30% volatility on November 13 suggest the asset is especially sensitive to current market pressures. This increased volatility means larger, faster price swings, creating both risks and opportunities for short-term traders. The substantial 10.56% reduction in Bitcoin’s hash rate on November 13, if it continues, could signal reduced network security or miner capitulation, both bearish for the asset’s long-term health.

What next?

Market participants should closely watch the high-impact PPI-Final Demand data release at 13:30:00 on November 13. Unexpected figures could trigger immediate reactions across financial markets, potentially impacting crypto prices. Watch if Bitcoin can hold its current price levels; it was $73,609.04 on November 12, and recent news shows it struggling near $73,000, even falling below $72,000.

Watch Ethereum’s price action around the $2,000 mark. It dropped to $1,942.36 on November 13, and a sustained break below that level could signal further declines. Also, keep an eye on the Fear and Greed Index for any rebound from ‘Extreme Fear’ (currently 18-20pt). A shift towards ‘Fear’ (25-49pt) might point to a temporary easing of selling pressure. Continued monitoring of exchange volumes, especially for Bitfinex and Kraken which saw large increases on November 13, will show if selling activity persists.

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.

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