Crypto Market Today (Nov 8, 2026): BTC H...
2026-11-08
Crypto Market Today (Nov 8, 2026): BTC Holds $75K Into a CPI Week, ETFs Bleed $1.28B, XMR Tests $600
Market data only, not financial advice. Prices are snapshots from Sunday, Nov 8, 2026 (UTC).
Key takeaways
- Bitcoin ~$75,800 going into the weekly close, after trading between about $74,900 and $81,000 this week.
- Spot BTC ETFs lost ~$1.28B from Nov 2 to Nov 6, the largest weekly outflow since late June. Friday alone saw −$411.9M.
- Tuesday's October CPI is the next big test, with December Fed hike odds near 77%.
- Monero ~$600: down 2.7% today, still up ~1.9% on the week. $600 is the line.
- Sentiment: Fear & Greed 39 (Fear).
Crypto Market Snapshot: Sunday, November 8, 2026
Total crypto market cap is about $2.63 trillion, and Bitcoin dominance sits near 57.9% (CoinGecko). It's a quiet, thin weekend after a heavy week, and thin liquidity can exaggerate moves either way.
| Asset | Price | 24h | What matters now |
|---|---|---|---|
| Bitcoin (BTC) | $75,798 | ~0.0% | Holding the $74.8K–$75K support zone |
| Ethereum (ETH) | $2,231 | −0.4% | Stuck below $2,400 |
| Monero (XMR) | $600 | −2.7% | Testing $600 support; +1.9% on the week |
| Solana (SOL) | $89.27 | −1.1% | Slipped back under $90 |
| XRP | $1.15 | −1.6% | Still the weakest large cap |
Sources: BTC and XMR from CoinGecko; ETH, SOL and XRP from CoinMarketCap via IT Times (Nov 8, 01:00 UTC).
Institutions Kept Selling: −$1.28B in ETF Outflows
US spot Bitcoin ETFs had four outflow days out of five. Monday −$398.6M, Tuesday −$115.6M, Wednesday +$74.6M, Thursday −$430.2M and Friday −$411.9M, for roughly −$1.28B on the week (Farside data via Coinpaper). BlackRock's IBIT accounted for −$403M on Friday, while Fidelity's FBTC took in +$42.8M. Price held up better than flows. That's encouraging, but it isn't a reversal until inflows return.
Bitcoin Price Analysis: Levels for the Weekly Close
- Support: $74,800–$75,000 (tested on Friday), then the 200-day average near $73,200, then $70,000–$72,000.
- Resistance: $76,500–$77,000 first. A reclaim of about $77,700, then a close above about $81,300, would mark a real recovery.
For perspective, CryptoTicker looked at how often Bitcoin ended a similar 53-day window in each range since 2020. In 30.1% of those windows it finished below $70K, in 16.6% between $80K and $90K, and in 17.8% above $100K. Those are base rates from history, not forecasts. They show how wide the range can be into year-end.
Monero (XMR): Back to Test $600
XMR gave back some of its gains today, trading near $600 (24h range about $599–$618). It's still up ~1.9% over seven days, while BTC is roughly flat. Watch $600 first, then about $580 below. On the upside, it needs to reclaim $620 and then $650. Background is unchanged: FCMP++ remains in stress testing with no mainnet date, and Kraken still supports XMR after withdrawing its October questionnaires.
New to buying XMR? Our guide to buying Monero without KYC compares four ways in. If you trade the price rather than hold the coin, see XMR perps on Hyperliquid.
The Week Ahead: CPI Decides the Next Leg
| Date | Event | Why crypto cares |
|---|---|---|
| Tue, Nov 10 | October CPI | A hot print adds to hike pricing; a cool print would ease pressure |
| Wed, Nov 11 | MSCI index review | Index decisions on crypto-heavy companies |
| Wed, Nov 18 | FOMC minutes | Clues on how hawkish October's meeting was |
| Wed, Nov 25 | October PCE | The Fed's preferred inflation gauge |
| Fri, Dec 4 | November jobs report | After October's 165K beat, a second strong print would cement a hike |
| Dec 8–9 | FOMC meeting | Hike odds ~77% (CME FedWatch); the Fed held at 3.75%–4.00% on Oct 28 |
Weekend Checklist for Self-Custody Traders
- Thin weekend books mean stop-losses can fill far from where you set them. Size down.
- Moving coins before CPI? Check the network first. See TRC20 vs ERC20 vs BEP20.
- Swapping without an account? Run through our no-KYC swap checklist before you send.
Swap with no account: BTC → XMR · SecureShift DEX · Yesterday: Nov 7 weekly recap
FAQ: Crypto Market Today
Why is crypto down this week?
Spot Bitcoin ETFs saw about $1.28 billion in net outflows from Nov 2 to Nov 6, and a strong October jobs report pushed December Fed rate-hike odds to about 77%, which weighs on risk assets.
What is Bitcoin's key support level now?
Buyers are defending $74,800 to $75,000. Below that, the 200-day moving average near $73,200 is the next major level, with $70,000 to $72,000 under it.
When is the next US CPI report?
October CPI is released on Tuesday, November 10, 2026. A hotter-than-expected print would likely add to Fed rate-hike pricing.
Is Monero holding up?
XMR is near $600, down about 2.7% in 24 hours but up about 1.9% over seven days. $600 is the support to watch, then about $580.
Disclaimer: For information only, not investment advice. Crypto is volatile. Data sources are linked inline and were accurate at publication on Nov 8, 2026.
Latest Post
How to Buy Monero (XMR) With a Credit Ca...
2026-11-07
Monero Atomic Swap vs Instant Swap: How...
2026-11-07
