Crypto market close, Nov. 12: Bitcoin slips 3.3% to $71,354 with sentiment at Extreme Fear
Bitcoin ended the UTC day at $71,354 after a $71,109–$74,061 range; 7 of the 50 largest crypto assets rose and 32 fell. Movers, whale flows, stablecoins and sentiment inside.
Key points
- Bitcoin closed at $71,354 (−3.3%) after a $71,109–$74,061 range.
- XMR was the top-30 standout at −5.2%; 7 of the top 50 rose, 32 fell.
- Whale tracker: 1,523 large transfers; exchange deposits $2.6B vs withdrawals $2.2B.
Bitcoin closed the UTC day on November 12, 2026 at $71,354, down 3.3% from its $73,813 open, after trading in a $71,109–$74,061 range. Ether ended at $2,017 (−1.7%). The total crypto market capitalization stood at $2.38T (−3.1% over 24 hours), with Bitcoin's share at 60.0%.
Breadth was negative: of the 50 largest assets we track (excluding stablecoins and wrapped tokens), 7 rose and 32 fell, and the median move was −1.3%. The standout among the top 30 was Monero (XMR), −5.2% to $551.89.
Majors at the close
| Asset | Close | Day | 7 days | Day range |
|---|---|---|---|---|
| Bitcoin (BTC) | $71,354 | −3.3% | −11.2% | $71,109–$74,061 |
| Ethereum (ETH) | $2,017 | −1.7% | −16.6% | $1,985–$2,061 |
| Binance Coin (BNB) | $655.86 | −3.3% | −8.4% | $649.75–$681.61 |
| XRP (XRP) | $1.04 | −0.8% | −21.1% | $1.02–$1.06 |
| Solana (SOL) | $81.63 | −1.9% | −15.3% | $80.47–$83.66 |
| TRON (TRX) | $0.3154 | −0.4% | −1.0% | $0.3150–$0.3172 |
| Hyperliquid (HYPE) | $72.63 | +1.2% | −11.9% | $69.50–$72.63 |
| Zcash (ZEC) | $957.11 | −1.3% | −27.9% | $934.21–$1,002 |
| Dogecoin (DOGE) | $0.0664 | −1.3% | −13.6% | $0.0646–$0.0678 |
| Monero (XMR) | $551.89 | −5.2% | −13.7% | $536.13–$583.48 |
Biggest movers in the top 50
Up: Aster +2.0% · JUST +1.6% · Hyperliquid +1.2% · Stellar +1.0% · Ethereum Classic +1.0%
Down: Monero −5.2% · Aave −4.5% · NEAR Protocol −4.3% · Quant −4.0% · Ethena −3.5%
Beyond the top 50 (assets above $50 million in market value, rolling 24 hours): Celestia (TIA) led gains at +6.2%; Alaya Governance Token (AGT) fell the most, −17.4%.
Sentiment
The Crypto Fear & Greed Index read 20 (Extreme Fear), down from 28 a day earlier. Basis Desk's own news-flow gauge counted 14 bullish, 14 bearish and 30 neutral items among 58 published during the day.
Stablecoins
Stablecoin supply totaled $288.5B, down $1.6B over 24 hours. Largest: USDT $175.6B, USDC $69.4B, USDS $5.4B.
Whale flows
Basis Desk's on-chain scanner logged 1,322 transfers of $5 million or more on Ethereum (ETH and major tokens) and 201 Bitcoin transfers of 100 BTC or more, excluding change outputs and wallet consolidations. Deposits to labeled exchange wallets totaled $2.6B, against $2.2B withdrawn.
- $104.0M in USDC (104,018,396 USDC) from Circle to an unlabeled wallet
- $100.0M in USDC (100,000,000 USDC) from Coinbase Prime 1 to an unlabeled wallet
- $100.0M in USDC (100,000,000 USDC) from an unlabeled wallet to Circle
Live feed: whale transfers.
Network fees
Ethereum gas was 0.07 gwei (standard); Bitcoin fees for next-half-hour confirmation were 2 sat/vB at the close.
The day's top stories
- Unocoin Suspends Services Following Infrastructure Breach and BitGo Wallet Outflows
- MSCI to Drop Strategy From US and Global Benchmarks Under Fund Screening Rules
- South Korea's FSC to Shield Crypto Exchanges Freezing Funds on Suspected Hacks
- DOJ and Wall Street Coalition Back Legal Challenge to Illinois Digital Asset Tax
- Anchorage Digital and Visa Enable USDPT Stablecoin Settlement on VisaNet
How this report is made
This report is generated automatically from Basis Desk's market snapshots, with no AI-written text. Closing prices and day ranges come from our own 5-minute price history between 00:00 and 24:00 UTC (prices via Coinbase, Kraken and DefiLlama); 7-day changes, market values and the wider market from Coinlore; Fear & Greed from alternative.me; stablecoin supply from DefiLlama; fees from Ethereum mainnet and Blockstream; whale transfers from Basis Desk's own on-chain scanner. Previous close: Nov. 11. Not financial advice.
Data sources
- [1] Coinbase Exchange market data — Coinbase
- [2] Kraken public market data — Kraken
- [3] DefiLlama prices and stablecoins — DefiLlama
- [4] Coinlore crypto market API — Coinlore
- [5] Crypto Fear & Greed Index — alternative.me
- [6] Basis Desk whale transfer tracker — Basis Desk
Automated data report generated from Basis Desk's own market snapshots and on-chain scanner — no AI-written text. Figures are as of the 00:00 UTC close; providers are listed above. Market figures marked "at the time of writing" come from live exchange data. Report an error: corrections@basisdesk.news · corrections policy.
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