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Morning Edition · Sunday, November 8, 2026Published at 12:54 AM EST · New York
Bitcoin holds above $76,000 as US spot funds post another $411.9 million in withdrawals
The Nasdaq fell 3.4% and the S&P 500 fell 2.7% over the week, and a change in how the data provider Coin Metrics counts Binance balances complicates the exchange-flow signal traders watch ahead of the next inflation report.
Bitcoin climbed back above $76,000 on November 7. Its daily momentum stayed weak, and US spot bitcoin exchange-traded funds (ETFs) recorded another $411.9 million in withdrawals, crypto.news reported. Traders are watching $75,000 as weekly…
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Dollar Liquidity Sets Crypto's Direction
Bank reserve levels and Treasury cash management increasingly determine crypto price direction more than crypto-native flows, tying digital assets to the same funding cycle as leveraged equities.
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