Bitcoin traded near USD 73,642, with Zcash leading declines.
Fed hike bets, a firm dollar and ETF outflows kept sentiment cautious.
The USD 73,000 support zone will steer the next move.
Bitcoin traded near USD 73,641.98 on Thursday, down 0.2% over 24 hours, as Fed hike bets limited recovery attempts. Its market value stands at USD 1.48 trillion, while daily volume reached USD 25.77 billion. Hot October CPI kept December hike odds alive across risk assets.
Zcash led the declines among the top 13 coins, sliding 3.5% to USD 978.40 over 24 hours. Monero fell 1.7% and Dogecoin lost 1.5%, while Ethereum eased 0.2% to USD 2,048.09. Figure Heloc stood out with a 2.8% gain, as stablecoins held near the USD 1 peg.
Bitcoin trades at USD 73,641.98, down 0.2% in 24 hours, with a market cap of USD 1.48 trillion. Volume stands at USD 25.77 billion, while USD 75,000 remains the first recovery test for buyers.
Below is today's quote roundup from leading crypto market analysts on Bitcoin's near-term structure.
"Markets are now pricing an 87% chance of a quarter-point hike in December, while odds of a larger half-point move have risen to about 13%. Traders are also positioning for Friday's Deribit options expiry, with USD 74,000 put contracts the most actively traded, signaling strong demand for downside protection."
"BTC remains under pressure, trading around USD 73,500 to USD 74,000 as stronger-than-expected US inflation and employment data reinforce expectations of another Federal Reserve rate hike. Looking ahead, USD 73,000 remains a key near-term support level, while reclaiming USD 75,000 to USD 76,000 will be important for recovery."
"Bitcoin was trading near USD 73,800 on Thursday morning, attempting to recover after recent selling pressure. The rebound remains fragile. Bitcoin remains below its short-term holder cost basis of USD 75,600, making that an important level to reclaim. Altcoins are showing mixed movements, reflecting cautious sentiment across the broader market."
"Bitcoin's immediate support lies at USD 73,100 to USD 73,300, followed by USD 71,800 to USD 72,000. Remaining above the first region could help stabilize the structure, while sustained closes through USD 75,000 to USD 75,700 would improve momentum. A loss of support would keep the broader decline active."
Also Read: Bitcoin Faces USD 64,000 Risk as ETF Outflows & Inflation Pressure Market
| Coin | Price | 24h | Market Cap | Volume (24h) |
|---|---|---|---|---|
| Bitcoin (BTC) | USD 73,641.98 | -0.20% | USD 1.48T | USD 25.77B |
| Ethereum (ETH) | USD 2,048.09 | -0.20% | USD 250.30B | USD 9.13B |
| Tether (USDT) | USD 0.9991 | 0.00% | USD 175.71B | USD 41.07B |
| BNB (BNB) | USD 676.27 | -0.50% | USD 88.94B | USD 501.98M |
| USDC (USDC) | USD 0.9995 | 0.00% | USD 69.56B | USD 11.13B |
| XRP (XRP) | USD 1.04 | -0.90% | USD 66.34B | USD 1.55B |
| Solana (SOL) | USD 82.96 | -0.10% | USD 49.07B | USD 2.11B |
| TRON (TRX) | USD 0.3173 | 0.00% | USD 30.15B | USD 235.85M |
| Figure Heloc (FIGR_HELOC) | USD 1.07 | 2.80% | USD 28.32B | USD 13.91M |
| Hyperliquid (HYPE) | USD 72.04 | -0.50% | USD 17.25B | USD 951.32M |
| Zcash (ZEC) | USD 978.40 | -3.50% | USD 16.67B | USD 1.04B |
| Monero (XMR) | USD 569.81 | -1.70% | USD 10.73B | USD 157.14M |
| Dogecoin (DOGE) | USD 0.06716 | -1.50% | USD 10.52B | USD 460.64M |
Source: CoinGecko, prices as of today's session.
Figure Heloc led the gainers with a 2.8% rise to USD 1.07, while stablecoins held near the USD 1 peg. Zcash topped the losers, falling 3.5% to USD 978.40. Monero lost 1.7%, Dogecoin dropped 1.5% and XRP eased 0.9%.
The dollar held near a one-month high in early Asian trading on Thursday, backed by growing expectations of Fed rate hikes. The yen edged toward the key 160 per dollar level, while Bitcoin slipped 0.59% to USD 73,876 in Asian trade.
Goldman Sachs now expects another hike early next year, on top of the one priced for December. New York Fed President John Williams joins a panel later Thursday, and traders will seize on any rate guidance.
Weekly initial jobless claims are due today, with economists expecting about 195,000 after last week's low reading of 189,000. A higher print could ease rate pressure on Bitcoin, while a low reading keeps hike bets firm.
The producer price report follows on Friday, with economists expecting a 0.4% monthly rise in October. Minutes from the October Fed meeting arrive on November 18, giving traders another policy signal.
US spot Bitcoin ETFs recorded USD 95 million in net outflows on Tuesday, a fourth straight session of withdrawals. BlackRock's IBIT led with USD 78.2 million, its eighth straight session of redemptions, while Fidelity's FBTC lost USD 36.8 million.
November outflows now total about USD 1.58 billion across six of seven trading days, according to SoSoValue. The daily drain has eased from USD 430.2 million on November 5, though Wednesday's flows are still unpublished.
Bitmine now holds 6,070,092 ETH, or 4.97% of supply, after adding 9,587 tokens in the week to November 8. Chairman Tom Lee has said purchases will stop once the firm reaches its 5% supply target.
The company posted a USD 6.3 billion net loss for its fiscal year, mostly from unrealized markdowns. Ether fell about 44% across that period, while staking supplied 97% of Bitmine's USD 124.8 million revenue.
USDC from Circle Internet Financial Europe enters dual supervision today under the EU's MiCA framework. The European Banking Authority classified it as the first significant e-money token in October, setting a precedent for stablecoin oversight.
The EBA will oversee its own funds, reserves, liquidity requirements and redemption plans. France's ACPR will oversee governance, outsourcing, and conflicts of interest. The change adds clarity for users but offers no direct trading gain.
Analysts mark USD 73,000 as key support, with USD 72,000 next below. Reclaiming USD 75,000 would improve momentum, while USD 75,600 stands as the next hurdle for buyers.
Thursday's jobless claims, Friday's US producer price report and December Fed hike odds will steer sentiment next. Investors may favor staggered entries, smaller position sizes and low leverage until stronger confirmation appears.
Also Read: Top 10 Crypto Exchanges & Trading Apps in India in 2026
1. What is the Bitcoin price today?
Bitcoin trades near USD 73,641.98, down 0.2% in 24 hours. Market capitalization stands at USD 1.48 trillion, while 24-hour volume reached USD 25.77 billion as traders weighed Fed hike bets.
2. Which crypto fell the most among the top coins today?
Zcash fell the most among the top 13 coins, dropping 3.5% to USD 978.40. Monero lost 1.7%, Dogecoin slipped 1.5%, while Figure Heloc gained 2.8% and stablecoins stayed flat near USD 1.
3. What moved crypto markets today?
Fed hike bets, ETF outflows and a firmer dollar kept traders cautious. Consumer prices rose 0.4% in October, and spot Bitcoin ETFs saw USD 95 million in outflows on Tuesday.
4. What are the key Bitcoin levels to watch?
Traders track USD 73,000 as support and USD 75,000 as the first recovery test. A daily close below USD 73,000 could open USD 72,000, while USD 75,600 caps stronger rallies for now.
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