{
  "id": 19231188,
  "title": "Crypto Market Today, Nov. 9: Bitcoin and Ethereum Lag as Nasdaq Surges Nearly 3%",
  "url": "https://urgent.news/2026/11/09/crypto-market-today-nov-9-bitcoin-and-ethereum-lag-as-nasdaq-surges",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-09T22:20:02.000Z",
  "source": {
    "name": "Motley Fool",
    "slug": "motley-fool",
    "url": "https://www.fool.com/coverage/stock-market-today/2026/11/09/crypto-market-today-nov-9-bitcoin-and-ethereum-lag-as-nasdaq-surges-nearly-3/?source=iedfolrf0000001"
  },
  "original_language": "en",
  "account": "On Monday, November 9, cryptocurrencies found themselves lagging behind as the Nasdaq surged nearly 3%. Bitcoin (BTC) managed to inch up by 0.77%, reaching $74,824.47, while Ethereum (ETH) rose by just 0.11%, trading at $2,126.59. Solana (SOL) also experienced a slight increase of 0.19%, sitting at $86.48. The underwhelming performance of digital assets contrasted sharply with the Nasdaq's impressive rally, highlighting the ongoing weakness in the cryptocurrency market.\n\nInvestors returned to technology and semiconductor stocks following last week's significant sell-off, with the broader equity market staging a robust recovery. However, Bitcoin remained below the $75,000 mark, indicating that selling pressure has yet to subside. Concerns over institutional demand loomed large, with U.S. spot Bitcoin ETFs recording a net outflow of approximately $1.28 billion last week, the largest weekly withdrawal since late June. Ethereum ETFs saw another $365 million in outflows, totaling roughly $1.65 billion in combined withdrawals.\n\nEthereum co-founder Vitalik Buterin recently commented on the long-term investment case for Ethereum, emphasizing that its value should be based more on security, decentralization, and stability than on transaction fee burns. While this perspective sheds light on Ethereum's evolving positioning, investors remain preoccupied with the deteriorating market momentum and the broader macroeconomic outlook.\n\nSpot cryptocurrency ETFs also traded lower on Monday, with the iShares Bitcoin Trust ETF (IBIT) down by 1.31%, the Fidelity Wise Origin Bitcoin Fund (FBTC) declining by 1.34%, and the iShares Ethereum Trust ETF (ETHA) falling by 4.51%. These continued setbacks across cryptocurrency-linked investments, despite the overall stock market recovery, underscore the challenges faced by Bitcoin, Ethereum, and Solana as they struggle to maintain their gains and recover important support levels.\n\nThe most critical signal to watch is institutional demand. After a combined $1 billion in Bitcoin ETF outflows last week, a sustained return to positive flows could signal whether investors are regaining confidence. Equally important will be whether cryptocurrencies begin to outperform technology stocks during broader market rallies. Until these conditions improve, investors should remain cautious about attributing short-lived price rebounds to a correction's end.\n\nThe upcoming U.S. inflation report presents another crucial test for cryptocurrency markets, as interest rate expectations and broader liquidity conditions are likely to provide additional challenges.",
  "summary": "Stocks staged a powerful recovery on Monday, but cryptocurrencies failed to follow as persistent ETF outflows and weakening investor confidence cast doubt on across the asset class.",
  "key_points": [
    "Bitcoin up 0.77% to $74,824.47",
    "Ethereum up 0.11% to $2,126.59",
    "Nasdaq surged nearly 3%"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}