--- title: "Crypto market close, Nov. 7: Bitcoin holds near $75,746 as SHIB tumbles 20.0%" description: "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." url: https://basisdesk.news/news/crypto-market-close-november-7-2026 published: 2026-11-08T00:05:47.211Z modified: 2026-11-08T00:05:47.211Z section: Macro & Markets author: Basis Desk Newsroom (AI-generated, source-verified) sentiment: neutral tickers: [BTC, ETH, SHIB] tags: [market close, crypto market, bitcoin price, daily report] license: Quote with attribution to Basis Desk (basisdesk.news). Not financial advice. --- # 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](/coins/shiba-inu) (SHIB), −20.0% to $0.000004. ## Majors at the close | Asset | Close | Day | 7 days | Day range | |---|---:|---:|---:|---:| | [Bitcoin](/coins/bitcoin) (BTC) | $75,746 | −0.1% | −2.2% | $75,511–$76,097 | | [Ethereum](/coins/ethereum) (ETH) | $2,236 | −0.1% | −0.5% | $2,222–$2,247 | | [Binance Coin](/coins/binancecoin) (BNB) | $695.21 | +0.3% | −1.3% | $692.26–$696.36 | | [XRP](/coins/ripple) (XRP) | $1.16 | −1.5% | −6.9% | $1.15–$1.18 | | [Solana](/coins/solana) (SOL) | $89.67 | −0.4% | −6.4% | $88.68–$90.52 | | [TRON](/coins/tron) (TRX) | $0.3195 | +0.5% | −0.0% | $0.3169–$0.3200 | | [Hyperliquid](/coins/hyperliquid) (HYPE) | $77.80 | −1.0% | −11.7% | $76.80–$79.54 | | [Zcash](/coins/zcash) (ZEC) | $1,259 | −4.9% | −1.9% | $1,238–$1,360 | | [Dogecoin](/coins/dogecoin) (DOGE) | $0.0716 | −1.0% | −4.9% | $0.0710–$0.0726 | | [Monero](/coins/monero) (XMR) | $600.22 | −1.8% | +0.9% | $596.52–$614.88 | ## Biggest movers in the top 50 **Up:** [Uniswap](/coins/uniswap) +4.9% · [Arbitrum](/coins/arbitrum) +2.8% · [Mantle](/coins/mantle) +1.5% · [Quant](/coins/quant-network) +1.2% · [NEAR Protocol](/coins/near) +0.7% **Down:** [Shiba Inu](/coins/shiba-inu) −20.0% · [Bitcoin Cash](/coins/bitcoin-cash) −5.1% · [Zcash](/coins/zcash) −4.9% · [OKB](/coins/okb) −3.2% · [Ethena](/coins/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](https://etherscan.io/tx/0xd3ac344c841e7b661fb37599ee06326666dc165a0877ee29bfd5f7814b125051) (200,000,009 USDT) from an unlabeled wallet to MEXC 3 - [$100.0M in USDC](https://etherscan.io/tx/0x363fc46e6c997bf7e934401c98ec2e7944f6222c3424562f16f2eafe3ded32b0) (100,000,000 USDC) from an unlabeled wallet to MEXC 3 - [$77.5M in USDC](https://etherscan.io/tx/0x207c35f31a31458a807660c4887d6b8d83cb891777aac04c67853f236e326df3) (77,528,034 USDC) from an unlabeled wallet to Coinbase Live feed: [whale transfers](/data/whales). ## 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](/analysis/treasury-sanctions-canadian-crypto-exchanges-iran-drugs) - [US OFAC Sanctions Eight Canadian Crypto Money Services Over Iran and Drug Ties](/news/ofac-sanctions-canadian-msb-crypto-iran-wedding) - [Polymarket and Kalshi Face Scrutiny Over Timed Election Poll Wagers](/news/polymarket-kalshi-election-poll-suspicious-bets) - [Bitmine and Strive expand corporate Bitcoin and Ethereum treasuries in Q3](/analysis/bitmine-strive-strategy-crypto-treasuries-q3) - [Apple and Meta Opt Out of OKX-ICE Tokenized Stock Venue](/news/apple-meta-opt-out-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](/news/crypto-market-close-november-6-2026). Not financial advice. ## Sources - --- Basis Desk Newsroom · AI-generated, source-verified · https://basisdesk.news/about/how-we-use-ai