Bitcoin breaks with stocks, declines as ETF outflows mount, MARA reduces holdings

Crypto Daybook Americas Bitcoin breaks with stocks, declines as ETF outflows mount, MARA reduces holdings Your day-ahead look for Nov. 10, 2026 By Oliver Knight , Saksham Diwan | Edited by Sheldon Reback Nov 10, 2026, 7:15 a.m. EST 3 min read Make preferred on Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Make preferred on Buod Ipakita This is an excerpt from CoinDesk newsletter 'Daybook.' Sign up here , if you haven't already. Bitcoin BTC $74,262.18 has recently been closely tracking U.S. stocks. On Monday, however, that stopped. Bitcoin and Nasdaq futures have moved in tandem for weeks, falling together on Oct. 30 and during last week’s AI-led selloff. But yesterday, when the the S&P 500 index posted its best day since April 8 and the Nasdaq Composite rose 2.7%, bitcoin stayed put. The largest cryptocurrency is down 1.4% since midnight UTC and little changed over the past 24 hours. The flows offer a clue as to why, with U.S. spot bitcoin ETFs losing another $201 million on Monday, according to Farside Investors, taking outflows since Nov. 2 to around $1.5 billion. The funds are now down roughly $1.1 billion on a year-to-date basis, compared with more than $20 billion of net inflows in each of the past two years. BlackRock’s IBIT has now posted seven straight sessions of redemptions. Supply is also growing, with bitcoin miner MARA Holdings (MARA) disclosing it sold 13,597 BTC for around $1.1 billion in the past six weeks and saying it plans to sell more. Retail interest looks thin too, with Santiment data showing bitcoin has lost around 108,700 non-empty wallets since Oct. 16. In the meantime, Wall Street keeps building on crypto rails. The New York Stock Exchange picked Avalanche to settle trades on a planned 24/7 tokenized securities platform, sending the AVAX token up around 5% over the past 24 hours. U.S. inflation data due at 8:30 a.m. ET is the next test. Economists polled by Dow Jones forecast headline CPI rose 0.3% in October and core CPI 0.2%, slower than September’s 0.6% and 0.3%. The data could help underpin the largest cryptocurrency, but analysts at BRN say bitcoin needs “real buying, not a lucky break.” Stay alert! Read more: For analysis of today's activity in altcoins and derivatives, see Crypto Markets Today . For a comprehensive list of events this week, see CoinDesk's " Crypto Week Ahead ." What’s trending Bitcoin faces U.S. CPI test as analysts warn inflation relief may not be enough (CoinDesk): Bitcoin fell early Tuesday as analysts braced for October inflation data that could determine whether risk assets get a year-end tailwind or face another wave of selling. Brent crude falls below $90 for first time since August on Iran war de-escalation hopes (CNBC): Recovering regional oil flows and reports that Iran may soften its position on the Strait of Hormuz have eased concerns about supply shortages. Top UK regulator says banks are trimming AI risk as alarm grows (Bloomberg): U.K. banks have begun trimming exposure to artificial intelligence as alarm mounts about a brutal correction in the sector, according to the Bank of England's top supervisor. Microsoft presses Trump to scuttle expected ban on Chinese data center technology (Reuters): Microsoft has been pressing the Trump administration to halt plans to bar Chinese imports of a key component used in AI ‌data centers. Mga Newsletter Crypto Daybook Americas - The latest moves in crypto markets, in context Market analysis for crypto traders and investors. Preview Mag-sign up Sa pamamagitan ng pag-sign up, makakatanggap ka ng mga email tungkol sa mga produkto ng CoinDesk at sumasang-ayon ka sa aming terms & conditions and patakaran sa privacy . Today’s signal Palakihin ang larawan The macro structure of Hyperliquid’s HYPE token has held as the price tests core trendline support ($72–$74) with a weekly relative strength index (RSI) of 52, fairly in the middle of the range. Trading below the 50-day exponential moving average keeps the short-term bias flat-to-down. Near-term upside depends on market liquidity and whether the debut of Elysium , a general-purpose layer-2 network for the Hyperliquid ecosystem, attracts sticky total value locked (TVL) rather than a sell-the-news fade. Crypto Daybook Americas Related Assets Bitcoin $74,262.18 0.54 % Latest Crypto News 1 Ripple Prime head Marc Asch to step down, Noel Kimmel named successor 24 minutes ago 2 Bitcoin lags stock rebound in advance of U.S. inflation report 1 hour ago 3 Bitcoin slips before U.S. inflation report as traders price in Fed rate increase 2 hours ago 4 Live news: Bitcoin falls back to $74,000 ahead of CPI as traders fully price in Fed rate hike 2 hours ago 5 The crypto wallet that grew up inside Telegram is striking out on its own 3 hours ago 6 Coinbase, Kalshi, Kraken parent back CFTC in legal fight over stock perpetual futures 3 hours ago 7 An 11-year-old Ethereum wallet moved $4.6 million and dodged a scam set up in minutes 6 hours ago 8 Bitcoin miner MARA sold 13,597 BTC for $1.1 billion in six weeks, plans to sell more 7 hours ago 9 XRP Ledger maps out quantum-proof accounts, with no extra fees for users 8 hours ago 10 Bitcoin faces U.S. CPI test as analysts warn inflation relief may not be enough 9 hours ago Latest Research Beyond the Risk-Free Rate: Diversified Real World Yield in Productive Stablecoins Beyond the Risk-Free Rate: Diversified Real World Yield in Productive Stablecoins Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years. By CoinDesk Research Sep 24, 2026 Commissioned by RealFi Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years. Why it matters : Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years. View Full Report More From Crypto Daybook Americas Bitcoin bulls can't rely on ETF flows Over $1 billion in bullish bets liquidated while ETF flows suggest no help in spot market Bitcoin is resilient, but leverage is missing and demand still tepid More From Bitcoin Ripple Prime head Marc Asch to step down, Noel Kimmel named successor Bitcoin lags stock rebound in advance of U.S. inflation report Bitcoin slips before U.S. inflation report as traders price in Fed rate increase