Crypto market close, Nov. 7: Bitcoin holds near $75,746 as SHIB tumbles 20.0%
Bitcoin ended the UTC day at $75,746 after a $75,511–$76,097 range; 12 of the 50 largest crypto assets rose and 31 fell. Movers, whale flows, stablecoins and sentiment inside.
Key points
- Bitcoin closed at $75,746 (−0.1%) after a $75,511–$76,097 range.
- SHIB was the top-30 standout at −20.0%; 12 of the top 50 rose, 31 fell.
- Whale tracker: 326 large transfers; exchange deposits $1.0B vs withdrawals $703.1M.
Bitcoin closed the UTC day on November 7, 2026 at $75,746, little changed from its $75,835 open, after trading in a $75,511–$76,097 range. Ether ended at $2,236 (−0.1%). The total crypto market capitalization stood at $2.52T (−0.4% over 24 hours), with Bitcoin's share at 60.2%.
Breadth was negative: of the 50 largest assets we track (excluding stablecoins and wrapped tokens), 12 rose and 31 fell, and the median move was −0.4%. The standout among the top 30 was Shiba Inu (SHIB), −20.0% to $0.000004.
Majors at the close
| Asset | Close | Day | 7 days | Day range |
|---|---|---|---|---|
| Bitcoin (BTC) | $75,746 | −0.1% | −2.2% | $75,511–$76,097 |
| Ethereum (ETH) | $2,236 | −0.1% | −0.5% | $2,222–$2,247 |
| Binance Coin (BNB) | $695.21 | +0.3% | −1.3% | $692.26–$696.36 |
| XRP (XRP) | $1.16 | −1.5% | −6.9% | $1.15–$1.18 |
| Solana (SOL) | $89.67 | −0.4% | −6.4% | $88.68–$90.52 |
| TRON (TRX) | $0.3195 | +0.5% | −0.0% | $0.3169–$0.3200 |
| Hyperliquid (HYPE) | $77.80 | −1.0% | −11.7% | $76.80–$79.54 |
| Zcash (ZEC) | $1,259 | −4.9% | −1.9% | $1,238–$1,360 |
| Dogecoin (DOGE) | $0.0716 | −1.0% | −4.9% | $0.0710–$0.0726 |
| Monero (XMR) | $600.22 | −1.8% | +0.9% | $596.52–$614.88 |
Biggest movers in the top 50
Up: Uniswap +4.9% · Arbitrum +2.8% · Mantle +1.5% · Quant +1.2% · NEAR Protocol +0.7%
Down: Shiba Inu −20.0% · Bitcoin Cash −5.1% · Zcash −4.9% · OKB −3.2% · Ethena −3.2%
Beyond the top 50 (assets above $50 million in market value, rolling 24 hours): AKEDO (AKE) led gains at +45.3%; APENFT (NFT) fell the most, −12.0%.
Sentiment
The Crypto Fear & Greed Index read 28 (Fear), up from 25 a day earlier. Basis Desk's own news-flow gauge counted 4 bullish, 8 bearish and 10 neutral items among 22 published during the day.
Stablecoins
Stablecoin supply totaled $293.7B, down $626.9M over 24 hours. Largest: USDT $176.8B, USDC $70.7B, USDS $5.6B.
Whale flows
Basis Desk's on-chain scanner logged 288 transfers of $5 million or more on Ethereum (ETH and major tokens) and 38 Bitcoin transfers of 100 BTC or more, excluding change outputs and wallet consolidations. Deposits to labeled exchange wallets totaled $1.0B, against $703.1M withdrawn — net deposits, which can precede selling, though custody reshuffles look the same on-chain.
- $199.8M in USDT (200,000,009 USDT) from an unlabeled wallet to MEXC 3
- $100.0M in USDC (100,000,000 USDC) from an unlabeled wallet to MEXC 3
- $77.5M in USDC (77,528,034 USDC) from an unlabeled wallet to Coinbase
Live feed: whale transfers.
Network fees
Ethereum gas was 0.05 gwei (standard); Bitcoin fees for next-half-hour confirmation were 1 sat/vB at the close.
The day's top stories
- US Treasury Sanctions Eight Canadian Crypto Entities Over Iranian Network and Drug Ties
- US OFAC Sanctions Eight Canadian Crypto Money Services Over Iran and Drug Ties
- Polymarket and Kalshi Face Scrutiny Over Timed Election Poll Wagers
- Bitmine and Strive expand corporate Bitcoin and Ethereum treasuries in Q3
- Apple and Meta Opt Out of OKX-ICE Tokenized Stock Venue
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. 6. 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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