Crypto Market Stuck in Neutral: Bitcoin Holds $75K, Ethereum Keeps Sliding
Nov 10, 2026 — Crypto's kinda stuck today. Bitcoin (BTC) is hanging around $75,000 and not really going anywhere, while Ethereum (ETH) keeps taking it on the chin.
As of this morning, BTC was sitting at about $75,356 — up just 0.7% over the last 24 hours. Not exactly fireworks. Ethereum's a different story: ETH is bouncing around $2,090–$2,130 and even dipped below $2,100 at one point. It's now fallen six weeks straight and it's stuck below its 50- and 200-week moving averages, which basically screams "trend is still weak."
So what's dragging things down? Inflation data, mostly. The October CPI came in hotter than expected, and now traders are pricing in an 80–85% chance the Fed hikes again in December. Higher rates, stronger dollar, riskier stuff gets hit — and crypto's no exception.
Mood out there is pretty cautious. The Fear & Greed Index is sitting at 32 — that's "fear" territory, though it's at least a little better than before. Spot BTC ETFs have also seen net outflows lately, which tells you folks aren't exactly rushing to buy the dip.
That said, not everyone's gloomy. Tom Lee over at BitMine says Ethereum's weakness is more about the market being impatient than anything fundamentally broken, and he's still bullish over the next 24–36 months thanks to all the tokenization stuff happening.
What to watch: Everyone's eyes are on the Fed and the stock market. For BTC, holding $75K is the big one — lose that and we could see $73,500. For ETH, it needs to claw back above $2,200 before anyone can say the downtrend is done.
