BTC price targets $73K alongside Nvidia turbulence: Three things to know in Bitcoin this week
Bitcoin (BTC) declined to roughly $73,500 late Sunday, its lowest point since August, as upwards of $1 billion in leveraged crypto positions were liquidated in the run-up to this week's US inflation reports. Bitcoin hit its lowest point since Aug. 21 shortly before Sunday's weekly…
In this article
In the latest Bitcoin price update, Bitcoin (BTC) declined to roughly $73,500 late Sunday, its lowest point since August, as upwards of $1 billion in leveraged crypto positions were liquidated in the run-up to this week's US inflation reports, according to Cointelegraph. Bitcoin hit its lowest point since Aug. 21 shortly before Sunday's weekly close, then briefly bounced back above $75,000.Nasdaq 100 futures swung between advances and losses following Nvidia's board unveiled an investigation into whether CEO Jensen Huang was targeted by a foreign intelligence effort.US consumer and producer price reports are due Tuesday and Friday, respectively.
Key points
- The metric estimates the average cost basis of coins that last moved under 155 days ago.
- Nasdaq 100 futures slipped early Monday, rebounded and then turned lower again before the US open.
- The exchange briefly halted trading Friday following the index declined upwards of 8% shortly following the open.
- Economist Robin Brooks noted dropping oil prices could lift Bitcoin.
What happened: Bitcoin price
Economist Robin Brooks noted dropping oil prices could lift Bitcoin. The metric estimates the average cost basis of coins that last moved under 155 days ago. Nasdaq 100 futures slipped early Monday, rebounded and then turned lower again before the US open.
The exchange briefly halted trading Friday following the index declined upwards of 8% shortly following the open.
Why Bitcoin price matters for traders
Crypto markets trade around the clock and react quickly to regulation, ETF flows, liquidity conditions and broader risk sentiment. Moves in Bitcoin often set the tone for the rest of the digital-asset market.
Changes in interest-rate expectations and institutional flows have become major drivers of crypto prices, linking them more closely to traditional markets.
Market reaction and data
Crypto prices at the time of writing, from Binance spot data (2026-11-09 10:11 UTC):
| Asset | Last price (USDT) | 24h change | 24h high | 24h low |
|---|---|---|---|---|
| Bitcoin (BTC) | 74,164.32 | -2.29% | 76,200.00 | 73,510.00 |
| Ethereum (ETH) | 2,100.42 | -6.09% | 2,246.00 | 2,060.00 |
| Solana (SOL) | 86.05 | -3.54% | 90.01 | 85.02 |
On the currency side, the latest ECB daily reference rates (2026-11-06) show EUR/USD 1.1165, GBP/USD 1.3385, AUD/USD 0.6871, NZD/USD 0.5544, USD/JPY 158.33, USD/CHF 0.8189, USD/CAD 1.4066, USD/CNY 6.6713. These are reference fixes, not live quotes.
What to watch next for Bitcoin price
Watch for ETF flow data, regulatory news, large on-chain movements and shifts in overall risk appetite in stock markets.
Follow every update in our Top 10 Crypto News Today, read Ethereum is still vulnerable to further downside as dealers brace for US CPI and Iran developments or see all of today's top market news.
FAQ
What is the latest Bitcoin price news?
Bitcoin (BTC) declined to roughly $73,500 late Sunday, its lowest point since August, as upwards of $1 billion in leveraged crypto positions were liquidated in the run-up to this week's US inflation reports.
What moves the price of Bitcoin?
Bitcoin reacts to institutional and ETF demand, regulation, liquidity and interest-rate expectations, as well as general risk sentiment in financial markets.
Where does this information come from?
This report is based on coverage from Cointelegraph, checked against market data where available. It is a summary for information only and not investment advice.
Risk warning: This article is for information only and is not investment advice. Trading forex, CFDs, stocks and crypto carries a high risk of losing money. Prices move fast – check live quotes before you trade.
