Market brief · 2026-11-11
Bitcoin slips to $73,806, down 1.32%, as 37 of 55 coins fall and Gram gains 4.74%
· By the MyCryptoSignal Data Desk · Written from our own collected price data
Brief as of
Crypto spent Wednesday giving back ground, with Bitcoin slipping to $73,806, down 1.32%, as the total market cap eased 1.53% to $2.32 trillion. Only four of 55 tracked coins rose while 37 fell and 14 held inside a percentage point. It was a broad, quiet decline rather than a single sharp move.
The total market cap stood at $2.32 trillion, down 1.53% over 24 hours and 5.7% across the week. Bitcoin traded at $73,806, down 1.32% on the day and 5.31% over seven days, with dominance at 63.9%. Ether slipped to $2,060.40, down 2.88%. Total volume across tracked assets reached $129.28 billion. The 24-hour window left the largest coin slightly better off than the market it anchors.
Breadth leaned decisively negative: four of 55 tracked coins rose, 37 fell and 14 held inside a percentage point. Majors averaged a 1.7% decline across eight coins, with zero risers and seven fallers. Meme names were the weakest cohort, down 2.63% across five coins with three fallers. The broad other group of 39 coins averaged 1.99% lower, holding the only four risers and 27 fallers. The gap between meme and major cohorts was the widest of the three.
Gram led the risers, trading at $1.15 for a 4.74% gain, with $109.16 million in volume and an RSI of 66.2. The token's trend reads up, and it touched a 24-hour high of $1.16 against a low of $1.075. The move is a bounce inside a longer slide: Gram is still down 2.44% over seven days and 20.96% over 30. No news item in the packet connects to the move, so the numbers stand on their own.
Behind Gram, the risers were a mixed set. Pyth Network climbed 3.88% to $0.068638 with an RSI of 75.7, the highest reading among gainers, and is up 3.78% over seven days. Beam added 2.61% to $0.0043505 and carries a 9.57% weekly gain alongside a 63.89% 30-day advance. Monero rose 1.38% to $568.17 on $164.11 million in volume but remains 10.73% lower over the week. Injective edged up 0.71% to $8.22, up 11.51% over seven days.
The weakest names gave back recent ground. Uniswap fell 9.45% to $6.44 on $498.92 million in volume, its RSI at 32.7, and it is down 11.51% over seven days. Quant dropped 7.10% to $178.29 with an RSI of 30.3 and a 30-day decline of 24.57%. Arbitrum lost 6.44% to $0.157958, RSI 34.4, though its weekly change is only 0.51% lower. Mantle shed 5.90% to $0.422406, down 26.84% over 30 days. Bitcoin Cash slipped 4.20% to $229.08, 16.26% lower on the week.
Technical breadth across 30 sampled coins shows no extremes: zero overbought and zero oversold, with three in uptrends against 21 in downtrends. Bitcoin's own RSI sits at 48.6, near the middle of its range, with a trend reading of down and volatility at 0. Support and resistance sit almost at the same level, at $73,601.80 and $73,960.40, and the price sits between them. That mix describes a tape that is drifting rather than stretched.
Over seven days, Injective leads with an 11.51% gain, followed by Beam at 9.57% and Pepe at 5.63%. The other side of that ledger is steeper: Worldcoin is down 18.99%, XRP 17.29% and Bitcoin Cash 16.26%. Tether is the volume leader at $54.73 billion against $129.28 billion in total volume. Two of today's five risers, Injective and Beam, also sit among the week's three leaders, so the day's strength overlaps only partly with the week's.
The tape reads as broad, orderly distribution rather than a single-coin event. Thirty-seven of 55 tracked coins fell while 14 held inside a percentage point, and the three cohort averages — majors at 1.7% lower, meme names at 2.63% lower, the broad group at 1.99% lower — sit close together. That clustering says the decline was shared, not concentrated. Bitcoin's RSI of 48.6 and volatility of 0 put it near the middle of its range, and with support at $73,601.80 and resistance at $73,960.40 almost at the same level, the coin is not stretched in either direction. The risers that did exist were small and mostly bounce-shaped: Gram is up 4.74% on the day but down 20.96% over 30 days, and Monero's 1.38% gain sits inside a 10.73% weekly decline.
Yesterday's brief had Bitcoin holding $74,780 with 42 of 55 coins rising; today it trades at $73,806 with 37 falling, a reversal in both the headline coin and the breadth count. The level to note is Bitcoin's support at $73,601.80 against resistance at $73,960.40, with the price between them. Uniswap's RSI of 32.7 and Quant's 30.3 are the lowest readings among the decliners, and both sit near their 24-hour lows of $6.44 and $175.96. Pyth's RSI of 75.7 is the highest on the board.
Data, not advice.
Get this brief by email
One original market brief a day, written from our own collected market numbers. Unsubscribe in every email.