Market Overview
Monday brought a subdued tape across major crypto assets. Bitcoin finished at $75,013, essentially flat on the day and down 0.6% on the week, holding the $75,000 handle it reclaimed earlier in the month. Ether drifted 0.2% lower to $2,123, trailing the majors on both the weekly (-3.7%) and intraday scorecards. Solana was the standout over a seven-day lookback at +9.2% ↑, even as Monday's session saw a 0.3% give-back to $86.32.
The quiet range action is consistent with positioning ahead of the next settled flow print rather than a directional thesis shift.
Asset Price Analysis
Bitcoin's intraday trade compressed into a tight band around $75,000, with the 30-day trend still showing a +13.7% ↑ gain. The pattern looks more like consolidation than distribution: no acceleration lower, no breakout higher, and weekly change inside half a percent.
Ether continues to lag. At $2,123, ETH is down 3.7% on the week and remains the only major in the InflowScan coverage universe with a negative seven-day print. The BTC/ETH ratio widened again Monday, and ether's 30-day gain of 3.7% is less than a third of bitcoin's over the same window.
Solana held its weekly leadership despite a -0.3% ↓ daily tick, with SOL at $86.32 and up 15.6% over 30 days. XRP was the day's weakest major at -1.9% ↓ to $1.09, trimming a weekly gain that still sits at +1.7%. The intraday softness in XRP is consistent with profit-taking after the asset's October run rather than a change in trend.
ETF Flows Context
Issuer reports for Monday, November 9, 2026 have not yet been published and will settle overnight; tomorrow's pre-market brief will carry the full session figures. The most recent settled tape (Sunday, November 8, 2026) printed $0 in net flows across the spot BTC, ETH, SOL and XRP ETF complex, reflecting the non-trading weekend session rather than an absence of demand.
Friday's settled flows remain the live data point in the market's head heading into Tuesday's print, according to InflowScan data. Any read on today's price action against ETF demand will have to wait on tomorrow's settlement.
Stablecoin Pulse
Stablecoin supply contracted modestly on the day. USDC fell by roughly $219 million to $70.4 billion, while USDT shed $116 million to $176.7 billion, according to InflowScan data. The combined ~$335 million reduction is small in aggregate terms but marks a second consecutive day of net supply contraction.
That dry-powder drawdown runs against the flat-to-positive price action in bitcoin, a mild divergence worth watching if the pattern extends through the week.
Outlook
Tuesday's pre-market brief will carry the first settled ETF flow prints of the week and set the tone for whether the recent bitcoin bid is still intact under the surface. Key levels into tomorrow's open: bitcoin's defense of $75,000 and ether's ability to stabilize above $2,100, a level it has now closed near for three straight sessions.
Solana's weekly leadership and the pace of stablecoin supply contraction are the two secondary signals to watch. Historically, sustained stablecoin outflows alongside flat BTC price action have been associated with rotation into risk assets further down the cap curve rather than outright de-grossing — a pattern consistent with Solana's recent relative strength.