Bitcoin falls to about $73,700 and Ether slides to its lowest since August in a late Sunday selloff
Published · by Hunt4Coin
Bitcoin fell more than 2% to about $73,708 and Ether dropped about 5% in late trading on Sunday 8 November 2026, taking both to their lowest prices since August, after a quiet Saturday and a week of heavy ETF outflows (Reuters).
Prices
- Bitcoin (BTC): down more than 2% to $73,708, its lowest since August (Reuters). On Binance's BTC/USDT market it fell about 2% in one hour, from $75,768 at 3:56 p.m. ET to $74,244 at 4:56 p.m. ET (TokenPost). Bloomingbit had it at $74,006.79 (−2.26% in 24 hours) at 21:57 UTC.
- Ethereum (ETH): down about 5%, also to its lowest since August. Sources differ on the level: Reuters gives $2,223, while TokenPost and Bloomingbit had about $2,132 on Binance, and CryptoTicker, citing CoinGecko, recorded a 24-hour low of $2,063.29 and its lowest daily close since 19 August. The ETH/BTC ratio was about 0.0286 (CryptoTicker).
- Solana (SOL) about $85.73 (−3.94%) and XRP about $1.11 (−4.63%) at 21:57 UTC (Bloomingbit).
Live prices and exchange candle charts: Bitcoin, Ethereum, Solana, XRP.
Liquidations
- In the hour of Bitcoin's drop, about $139.5 million of long positions were liquidated on Binance, Bybit and OKX combined, against about $0.5 million of shorts (TokenPost).
- Over 24 hours, about $343 million of Ether positions and $229 million of Bitcoin positions were liquidated, about $572 million together; the largest single liquidation was a $48.16 million ETH/USDT position on Binance (TokenPost, CryptoTicker).
Why it fell
Reuters linked the slide to worries that a Democratic-controlled Congress could tighten crypto rules after last week's US midterm elections, and to the lingering effect of the roughly $6 billion Binance hack (our 2 November report). The weekend move followed a week in which US spot Bitcoin ETFs lost about $1.28 billion and their 2026 net flows turned negative (our earlier report today).
What's next on the calendar
- Tuesday 10 November, 8:30 a.m. ET: US October inflation (CPI). Because October 2025 prices were never collected during the 2025 government shutdown, the yearly rates may not be published this month (Stock Titan); forecasters such as RBC look for about +0.3% month on month for both headline and core.
- Friday 13 November: US producer prices (PPI).
- 8–9 December: the Fed's last meeting of the year; CME FedWatch put the odds of a 25-basis-point hike at 76.8% on 6 November (24/7 Wall St.).
How to follow it
Sunday evenings often have thin order books, so a move can look bigger on a 15-minute chart than on the daily one. Compare timeframes on the free exchange candle charts, check which top-100 coins now have a 1-hour RSI below 30 in the crypto screener or the dated screener snapshots, and set an RSI alert on Telegram for the CPI release. To see how a rule copes with moves like this after fees, use the backtester or paper trading.
Information only, not financial advice. Prices move quickly; check the live charts before acting.
Sources
- Reuters via MarketScreener: Cryptocurrencies slide to two-month lows after US midterms (8 Nov 2026)
- TokenPost: Bitcoin drops about 2% in one hour, long liquidations (8 Nov 2026)
- TokenPost: Ether and liquidations (8 Nov 2026)
- CryptoTicker: Ethereum price and long liquidations (8 Nov 2026)
- Bloomingbit: market prices (8 Nov 2026)
- Stock Titan: October 2026 CPI preview, no yearly rate (6 Nov 2026)
- 24/7 Wall St.: Odds of a December rate hike jump to 77% after a blowout jobs report (7 Nov 2026)