
Crypto Market Today (Nov 7, 2026): BTC Holds $75K After a Brutal Week — Weekly Recap
Market data only, not financial advice. Prices are snapshots from the morning of Nov 7, 2026 (UTC) and move fast.
- Bitcoin ~$75,800, down 1.4% on the week after touching $74,762 on Friday, its lowest level since Aug 21.
- A hot October jobs report (165K vs 65K expected) pushed December Fed hike odds from 66.9% to 76.8%, and crypto didn't join the stock rebound.
- Spot BTC ETFs bled ~$870M in the first four November sessions.
- Monero (~$621) is up 5.4% on the week, one of the few large caps in the green.
- Lesson of the week: a swap service's stored order and IP logs were reportedly exposed. The less data you hand over, the less there is to leak.
Crypto Market Snapshot: Saturday, November 7, 2026
Total crypto market cap sits near $2.64 trillion. Bitcoin dominance is 57.7% and the Fear & Greed Index reads 41 (Fear), according to CoinGecko. After Thursday's crash and Friday's macro shock, the weekend opened quiet, with most majors flat over 24 hours.
| Asset | Price | 24h | What matters now |
|---|---|---|---|
| Bitcoin (BTC) | $75,836 | −0.6% | Holding just above Friday's $74,762 low |
| Ethereum (ETH) | $2,240 | +0.5% | Stabilising after a ~7% drop on Thursday |
| Monero (XMR) | $621 | +1.6% | +5.4% on the week; $620 support |
| Solana (SOL) | $90.23 | +0.6% | Pinned near $90 after a five-session slide |
| XRP | $1.17 | −3.0% | Weakest major; long liquidations piling up |
Sources: BTC and XMR from CoinGecko; ETH, SOL and XRP from CoinMarketCap via IT Times (Nov 7, 01:00 UTC).
The Week in 3 Moves: Tech Crash, Jobs Shock, ETF Exodus
1. Thursday: the tech sell-off drags crypto down
Bitcoin was above $80,700 on Thursday before US tech stocks sold off hard. The Nasdaq fell 5.5% and the S&P 500 fell 4.3%, as investors worried that the midterm results could slow AI infrastructure spending. About $1.26 billion in crypto positions were liquidated in 24 hours, roughly $1.12B of them longs (crypto.news). For the full blow-by-blow, see our Nov 6 market analysis.
2. Friday: a jobs report that was "too good"
October nonfarm payrolls came in at 165,000 against roughly 65,000 expected. September was revised up to 60,000, and unemployment dipped to 4.1%. Stocks bounced on dip-buying, but Bitcoin slid to $74,762. Strong jobs data gives the Fed room to tighten, and CME FedWatch odds of a December rate hike jumped from 66.9% to 76.8% (Cointelegraph). Higher rates mean tighter liquidity, which usually hits the riskiest assets first.
3. All week: institutions head for the exits
US spot Bitcoin ETFs saw $430.2M in net outflows on Nov 5 alone, bringing the first four November sessions to about $869.8M out, per Farside data. Fidelity's FBTC led the selling, and BlackRock's IBIT has lost more than $1B since Oct 30.
Bitcoin Price Analysis: Which Levels Matter Now
- Resistance: ~$76,950 (100-day MA), then $77,533 (50-week SMA, lost this week), then $80,000.
- Support:$74,762 (Friday low), then ~$73,200 (200-day MA).
- Bear case: Material Indicators co-founder Keith Alan warned that if the ~$75,500 zone fails, ~$69,000 comes into view. He also said a recovery would need higher highs and higher lows on lower timeframes.
Our read: Sunday's weekly close is the tell. A close back above the 50-week SMA would make this week look like a shakeout. A close under $75K would put the 200-day average in play next week. (Levels via CryptoTicker and Cointelegraph.)
Monero (XMR): Green While the Market Bleeds
XMR trades near $621, up 5.4% over seven days while BTC is down 1.4%. Its market cap is about $11.7B. Analysts are watching $620 and $600 as support and $650 and $680 as resistance (KuCoin). The 52-week range is roughly $277–$799.
Two background stories are worth knowing:
- FCMP++ is still in testing. Stressnet v3.1 shipped on Oct 26 with an inflation-bug fix and DoS hardening, but no mainnet activation date has been announced.
- Kraken backed off. On Oct 24, Kraken co-CEO Arjun Sethi withdrew the questionnaires that asked customers about their XMR plans and called them a mistake. XMR deposits and withdrawals continue there.
Zcash is also holding up, near $1,310–$1,330 as of Nov 6. Privacy coins have been one of the few corners of the market with relative strength this week. That pattern is worth watching, but it isn't a guarantee.
Swap BTC into XMR without an account: BTC → XMR on SecureShift
Ethereum, Solana and XRP: Quick Hits
- ETH ($2,240): Bounced slightly after Thursday's ~7% drop. It needs to reclaim $2,400 before any talk of a trend change.
- SOL ($90): Flat for 24 hours but down about 6.5% over five sessions. The $88–$90 area has to hold.
- XRP ($1.17): The weakest large cap. Friday's XRP liquidations ran 2.7x the weekly average, and 95.5% of them were longs. RSI is ~33, and the 100 EMA overhead sits at $1.27 (U.Today).
Lesson of the Week: The Data You Never Hand Over Can't Leak
This week, an analysis by Hudson Rock reported that a third-party swap service had exposed records of 4,580 completed Monero orders, linked to receiving addresses and IP addresses. Monero's cryptography wasn't broken. The weak point was the off-chain records the service kept. The practical risk for affected users is targeted phishing.
The takeaway applies whichever exchange you use. Every account, email, ID upload and order log is a potential leak. Before you swap, ask:
- Do I need an account? If not, don't create one.
- Who holds my coins mid-swap? Non-custodial routes keep your funds moving from wallet to wallet.
- Is my connection exposing me? Consider a VPN or Tor for sensitive transactions.
- Am I on the right network? Wrong-chain deposits are still the #1 self-inflicted loss. Read our TRC20 vs ERC20 vs BEP20 guide.
That's the model SecureShift DEX is built on: non-custodial swaps across major chains, with no account and no KYC required to trade. If you need liquidity in a down week without selling your BTC, see how crypto loans work on SecureShift.
What to Watch Next Week
- Sun, Nov 8: Bitcoin weekly close relative to $75K and $77.5K.
- ETF flows: A single inflow day after ~$870M out would be the first sign that sellers are tiring.
- Fed speakers: Watch for any pushback on December hike pricing ahead of the Dec 8–9 FOMC. The next jobs report is due Dec 4.
- XMR: A daily close above $650 would open $680. Losing $600 would neutralise this week's relative strength.
FAQ: Crypto Market Today
Why is crypto down this week?
Three things stacked up: a sharp US tech-stock sell-off on Thursday, a strong jobs report on Friday that raised the odds of a December Fed hike, and roughly $870M in spot Bitcoin ETF outflows over four sessions. Together they triggered more than $1.2B in liquidations.
What is Bitcoin's key support level right now?
The first support is Friday's low near $74,762, then the 200-day moving average around $73,200. Analysts flag ~$69,000 if the $75,500 zone fails.
Why did Monero rise while Bitcoin fell?
XMR gained about 5.4% over the week while BTC dropped 1.4%. Possible factors include continued exchange access (Kraken reversed its XMR questionnaires) and steady interest in privacy assets, but no single cause is confirmed.
How can I swap crypto without KYC?
Use a non-custodial swap service that doesn't require an account. On SecureShift you pick a pair (for example BTC to XMR), enter your receiving address, and send the deposit. No sign-up is needed.
Disclaimer: This article is for informational purposes only and is not investment advice. Crypto assets are volatile, so do your own research. Data sources are linked inline. Figures were accurate as of publication on Nov 7, 2026.





