Crypto Market Close Nov. 8, 2026: BTC $74,712 (−1.3%)

Crypto market close, Nov. 8: Bitcoin edges down 1.3% to $74,712 as TON jumps 67.2%

Bitcoin ended the UTC day at $74,712 after a $73,996–$76,055 range; 2 of the 50 largest crypto assets rose and 39 fell. Movers, whale flows, stablecoins and sentiment inside.

Bitcoin closed the UTC day on November 8, 2026 at $74,712, down 1.3% from its $75,707 open, after trading in a $73,996–$76,055 range. Ether ended at $2,124 (−5.0%). The total crypto market capitalization stood at $2.47T (−1.8% over 24 hours), with Bitcoin's share at 60.4%.

Breadth was negative: of the 50 largest assets we track (excluding stablecoins and wrapped tokens), 2 rose and 39 fell, and the median move was −3.0%. The standout among the top 30 was TON Coin (TON), +67.2% to $1.78.

Majors at the close

Asset	Close	Day	7 days	Day range
Bitcoin (BTC)	$74,712	−1.3%	−4.0%	$73,996–$76,055
Ethereum (ETH)	$2,124	−5.0%	−6.3%	$2,118–$2,242
Binance Coin (BNB)	$684.03	−1.6%	−4.0%	$678.80–$700.54
XRP (XRP)	$1.11	−4.3%	−11.3%	$1.11–$1.17
Solana (SOL)	$86.45	−3.5%	−9.3%	$85.63–$89.76
TRON (TRX)	$0.3190	−0.2%	+2.8%	$0.3188–$0.3205
Hyperliquid (HYPE)	$74.45	−4.1%	−15.3%	$74.04–$77.98
Zcash (ZEC)	$1,212	−3.7%	−2.5%	$1,194–$1,280
Dogecoin (DOGE)	$0.0689	−3.6%	−8.9%	$0.0683–$0.0715
Monero (XMR)	$598.37	−0.6%	−0.3%	$593.21–$608.27

Biggest movers in the top 50

Up: TON Coin +67.2% · Pepe +2.7%

Down: Aster −5.9% · Ethena −5.9% · Uniswap −5.8% · Ethereum −5.0% · Algorand −4.5%

Beyond the top 50 (assets above $50 million in market value, rolling 24 hours): Holo (HOT) led gains at +15.2%; AKEDO (AKE) fell the most, −8.4%.

Sentiment

The Crypto Fear & Greed Index read 29 (Fear), up from 28 a day earlier. Basis Desk's own news-flow gauge counted 5 bullish, 6 bearish and 9 neutral items among 20 published during the day.

Stablecoins

Stablecoin supply totaled $294.9B, up $687.4M over 24 hours. Largest: USDT $176.8B, USDC $70.6B, USDS $5.4B.

Whale flows

Basis Desk's on-chain scanner logged 272 transfers of $5 million or more on Ethereum (ETH and major tokens) and 37 Bitcoin transfers of 100 BTC or more, excluding change outputs and wallet consolidations. Deposits to labeled exchange wallets totaled $899.3M, against $572.2M withdrawn — net deposits, which can precede selling, though custody reshuffles look the same on-chain.

$196.7M in USDT (197,000,000 USDT) from Poloniex 10 to an unlabeled wallet
$179.8M in USDT (179,999,990 USDT) from an unlabeled wallet to Poloniex 7
$100.0M in USDC (100,000,000 USDC) from an unlabeled wallet to Poloniex 9

Live feed: whale transfers.

Network fees

Ethereum gas was 0.30 gwei (standard); Bitcoin fees for next-half-hour confirmation were 1 sat/vB at the close.

The day's top stories

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. 7. Not financial advice.

Data sources

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.

Not financial advice. Basis Desk publishes information, not recommendations. Crypto assets are volatile and you can lose what you invest.