Market Overview
| Asset | Level | 1d Change | 7d Change | 30d Change |
|---|---|---|---|---|
| Global Crypto Market Cap | $3.11T | +0.91% | – | – |
| BTC | $92,949 | +0.93% | -9.76% | -14.46% |
| ETH | $3,123 | +3.25% | -8.56% | -21.62% |
| Dow Jones | 46,092 | -1.07% | -1.91% | -1.10% |
| S&P 500 | 6,617 | -0.83% | -1.66% | -1.45% |
| Nasdaq | 22,433 | -1.21% | -2.49% | -1.56% |
| VIX | 24.69 | +10.32% | +29.40% | +43.21% |

US markets extended losses with the S&P 500 down nearly 1% to around 6,617 (its lowest level in over a month and fourth straight decline marking the longest losing streak since August) as Nvidia plummeted 2.8% ahead of tonight’s earnings with options pricing a 6.5% swing (its highest implied move in a year), while the Nasdaq 100 dropped 1.2%, Dow dropped 1.1%, and VIX hovered near 25 reflecting heightened anxiety, as Rothschild & Co Redburn downgraded Microsoft and Amazon from buy to neutral for the first time since June 2022 warning the bull case for generative AI is unclear despite Microsoft and Nvidia’s $15 billion Anthropic investment, while Fed commentary cast doubt on December rate cuts.
European markets posted their worst day since August with the Stoxx 600 plunging 1.7% to a seven-week low as technology dropped 1.7% tracking Wall Street’s tech rout, banks dropped 2.8% (their worst day in months) with HSBC down 3.4% and Deutsche Bank down 4.3% on UK tax worries ahead of Chancellor Rachel Reeves’s November 26 budget, while automotive declined 2.9% and industrials declined 2.1% to their lowest since early September, though Roche surged 6.8% to its highest since March on positive cancer pill trial results and utilities dropped just 0.8% as investors sought defensive positioning.
US Spot ETF Flows
| Asset | Daily Inflow | Daily Change | Weekly Inflow | Total Assets | Daily Volume |
|---|---|---|---|---|---|
| BTC ETFs | $-372.8M | +46.5% | $-627.3M | $122.3B | $5.8B |
| ETH ETFs | $-74.2M | -59.4% | $-257.0M | $19.6B | $1.8B |
US BTC Spot ETF Flows

US ETH Spot ETF Flows

Crypto Liquidations Summary
| Liquidation Type | Value | % of Total | 24h Change |
|---|---|---|---|
| Total Liquidations | $275.24M | – | $-710.40M (-72.08%) |
| Shorts | $127.51M | 46.3% | $-156.03M (-55.03%) |
| Longs | $147.73M | 53.7% | $-554.37M (-78.96%) |
| BTC | $88.87M | 32.3% | $-473.98M (-84.21%) |
| ETH | $84.21M | 30.6% | $-91.22M (-52.00%) |

- Bitcoin and Ether ETFs saw heavy withdrawals, while Solana ETFs maintained inflows since launch.
- Mt. Gox transferred 10,608 BTC worth $953 million, its first big move in months, as $4 billion in creditor repayments are delayed until October 2026.
- El Salvador bought 1,090 BTC worth over $100 million on Tuesday, raising concerns about its IMF loan pledge and fiscal risk management.
- Mastercard is expanding its Crypto Credential program to self-custody wallets by rolling out verified, human-readable crypto aliases using Polygon for onchain support and Mercuryo for identity verification, with partners including Shift4 Payments, Swapper Finance, XSwap, and ZeroHash providing onchain liquidity, allowing users to send and receive crypto using username-style aliases instead of long wallet addresses with optional soulbound tokens proving wallet ownership.