Overview:

• Bitcoin held near USD 74,754, with Zcash and XRP leading declines.

• US inflation data, ETF flows and Fed hike odds kept sentiment cautious.

• The USD 73,500 support zone will steer the next move.

Bitcoin held near USD 74,754 on Tuesday, down 0.1% over 24 hours, as traders waited for US inflation data. Its market value stands at USD 1.50 trillion, while daily volume reached USD 28.17 billion. Buyers defended the USD 74,000 area again after Sunday's dip toward USD 73,700, which was the weakest level since August.

Zcash led the declines among the top 12 coins, sliding 6.6% to USD 1,151.52 over the past 24 hours. XRP and Solana followed, losing 1.7% and 1.6%, while Ethereum eased 0.9% to USD 2,121.64. The October US inflation report arrives at 8:30 a.m. ET and could set the tone for the week.

Bitcoin Price Today

Bitcoin trades at USD 74,754.46, down 0.1% in 24 hours, with a market cap of USD 1.50 trillion. The 24-hour volume stands at USD 28.17 billion, while the weekly decline remains near 2.8%. Buyers guard the USD 73,500 to USD 74,000 zone, while USD 76,450 now caps the upside.

Below is today's quote roundup from leading crypto market analysts on Bitcoin's near-term structure.

Prateek Gupta, Head of Business, Mudrex

"Institutional sentiment remains weak, with US spot Bitcoin ETFs recording USD 1.28 billion in outflows last week. Markets are now looking towards the upcoming US inflation data, with October prices expected to rise 0.3%. Bitcoin needs to reclaim USD 76,000, while USD 73,000 remains key support."

Vikram Subburaj, CEO, Giottus.com

"The next test is US inflation at 7 pm IST. A core reading above the 0.2% monthly forecast could strengthen expectations of a December Fed rate hike and make it harder for Bitcoin to clear USD 76,450, where recent rebounds have stalled."

Nischal Shetty, Founder, WazirX

"Bitcoin continued consolidating after its recent decline. Immediate support sits at USD 74,300 to USD 74,800, followed by USD 73,100 to USD 73,300. Resistance remains at USD 76,300 to USD 76,500. Holding the first support region could help stabilize the structure, while reclaiming resistance may strengthen participation."

Also Read: Bitcoin Block Packs 11,255 Transactions, Nears 12,239 Record Set in 2015

Crypto Prices Today: Top Coins

Source: CoinGecko, prices as of today's session.

Biggest Gainers and Losers

No major coin posted a meaningful gain, and stablecoins stayed flat near the USD 1 peg. Zcash led the losers, down 6.6% to USD 1,151.52, followed by XRP at 1.7% and Solana at 1.6%. Ethereum lost 0.9% to USD 2,121.64, while Bitcoin and BNB eased 0.1% and 0.3%, respectively.

Crypto News Today

US Inflation Report Arrives with December Hike Odds Near 77%

The Bureau of Labor Statistics releases October consumer prices today at 8:30 a.m. ET, without an annual comparison figure. Economists expect headline CPI to rise 0.3% month-on-month and core CPI 0.2%, both slower than September.

CME FedWatch puts a quarter-point December hike near 77%, up from roughly 67% a week earlier. BRN analysts say softer inflation helps risk assets, but Bitcoin still needs real ETF inflows to sustain a recovery.

Coinbase Secures Full OCC National Trust Charter

Coinbase announced on Monday that its trust arm received a full national trust bank charter from the OCC. The license places its institutional custody business under direct federal supervision, without allowing retail deposits or lending.

Coinbase plans to move its New York regulated custody business to the new entity over three years. Ripple secured a comparable approval on October 26, while community banking groups continue challenging the OCC in court.

Spot Bitcoin ETFs Show Muted Flows After Heavy Weekly Exit

US spot Bitcoin ETFs lost nearly USD 1.28 billion during the first trading week of November. BlackRock's IBIT accounted for roughly USD 1.21 billion of those withdrawals, including USD 403 million on Friday alone.

Monday brought a provisional USD 12.2 million inflow, too small to signal a reversal, with IBIT yet to report. Analysts want several sessions of steady ETF inflows before they trust any floor near USD 74,000.

Bitdeer, eToro and CoreWeave Report Earnings Today

Bitcoin miner Bitdeer and trading platform eToro are scheduled to report earnings before the US market opens today. CoreWeave, the AI infrastructure company, follows after the closing bell, and traders will watch tech sentiment closely.

MARA, Exodus and Trump Media were scheduled to report on Monday, while Gemini and Figure Technology followed on Thursday. Solayer also unlocked 12.87% of its circulating LAYER supply today, valued at roughly USD 1.45 million.

China Inflation Data and Softer Oil Shape Global Risk Mood

China reported that producer prices rose 5.7% in October from a year earlier, the fastest pace since June 2022. Consumer inflation slowed to 0.7% and core inflation to 0.8%, pointing to rising industrial costs but contained household demand.

Brent crude fell 3.3% and the dollar slipped 0.3%, which eased inflation pressure, according to WazirX. Treasury yields stayed near 4.88% after strong US hiring, which limits hopes of quick Federal Reserve easing.

Also Read: What Binance’s European Closures Mean for Crypto Markets

Invetor and Market Outlook

Desks mark USD 73,500 to USD 74,000 as support, while a daily close below USD 73,000 risks USD 70,000. A move above USD 76,450 would improve momentum, and USD 80,000 would signal stronger demand.

Today's US inflation print, ETF flows and Thursday's AI chip earnings will steer sentiment over the coming sessions. Investors may favor staggered entries, modest position sizes and low leverage until stronger confirmation appears.

FAQs

1. What is the Bitcoin price today?

Bitcoin trades near USD 74,754.46, down 0.1% in 24 hours. Market capitalization stands at USD 1.50 trillion, while 24-hour volume reached USD 28.17 billion as buyers defended the USD 74,000 zone.

2. Which crypto fell the most among the top coins today?

Zcash fell the most among the top coins, dropping 6.6% to USD 1,151.52. XRP slipped 1.7%, Solana lost 1.6%, and Ethereum eased 0.9%, while stablecoins stayed flat near the USD 1 peg.

3. What moved crypto markets today?

Pre-CPI caution, weak ETF demand and Fed hike odds near 77% kept traders careful. Spot Bitcoin ETFs lost USD 1.28 billion last week, and October inflation data arrives at 8:30 a.m. ET today.

4. What are the key Bitcoin levels to watch?

Traders track USD 73,500 to USD 74,000 as support and USD 76,300 to USD 76,500 as resistance. A close below USD 73,000 could open USD 70,000, while inflation data may add sharp volatility.