Yesterday’s Biggest Headlines

Crypto Market Watch

1. Bitcoin fell 1.6% to about $73,363 and ether dropped 3.7% to $2,042 on Tuesday after hotter-than-expected U.S. inflation data, with Solana down more than 4% to trade below $83. The Block said analysts flagged the $73,000 zone and the 200-day moving average near $73,200 as key supports, warning a sustained break could open a path toward $70,000 or even $69,000.

2. U.S. spot bitcoin ETFs lost another $201 million on Monday as bitcoin slipped despite the prior day’s equity rebound, taking outflows since Nov. 2 to about $1.5 billion. CoinDesk said the fresh ETF bleed left bitcoin lagging stocks into the CPI print and kept institutional demand in focus after last week’s heavier outflow week.

3. Grayscale said it will direct $1 million to Zcash ecosystem nonprofits and launched a national “Zcash: The Next Era of Crypto” ad campaign funded by up to a year of ZCSH ETF sponsor fees. Decrypt said ZEC fell 11.3% to about $1,043 even as the firm awarded the first $400,000 in equal grants to the Zcash Foundation, Pretty Good Policy for Zcash, Shielded Labs, and Project Tachyon.

4. Goldman Sachs, Citigroup, and other banks committed about $270 million to Project Faro, a joint dollar-denominated stablecoin venture expected to be incorporated in the U.S. Bloomberg said the group, which also includes Banco Santander and Deutsche Bank, is targeting an early-2027 launch as large banks push further into regulated stablecoin issuance.

Equity Market Moves

5. The S&P 500 fell 0.4% to 7,520.93, the Dow dropped 0.3% to 52,231.89, and the Nasdaq Composite lost 0.7% to 25,065.87 on Tuesday after the hotter CPI print lifted rate-hike odds. KRMG relayed an Associated Press wrap that said Treasury yields jumped even as oil kept easing, reversing part of Monday’s best-since-April rebound.

6. Fed Governor Christopher Waller said he is leaning toward a 25-basis-point December hike and that a 50-basis-point move should be considered if October core CPI came in around 0.3% or higher. Federal Reserve published the London speech hours before the print landed exactly on that threshold, and CME FedWatch later showed a quarter-point hike fully priced with half-point odds rising from near zero.

Commodities Watch

7. Spot gold fell about 2% to around $4,054.90 an ounce on Tuesday as the hot CPI print and Waller’s half-point warning lifted the dollar and Treasury yields. Kitco said the miss versus the 0.3% headline / 0.2% core forecasts reinforced bets that December tightening is a starting point rather than the finish for the Fed’s inflation fight.

8. Brent crude settled down 1.17% at $91.49 a barrel after briefly sliding to $89.16, its first print below $90 since August, while WTI fell 0.93% to $86.04. CNBC said President Trump’s comment that the Iran conflict could end “fairly soon,” plus recovering Hormuz flows, kept stripping geopolitical premium even as analysts debated whether a durable deal is realistic.

Today’s Watchlist

• Whether bitcoin can defend $73,000 / the ~$73,200 200-day average and ether the $2,000 handle after the CPI flush

• Digestion of Waller’s half-point December option and fully priced 25 bp hike odds

• Follow-through on spot bitcoin ETF flows after the fresh $201 million outflow day

• Project Faro / bank stablecoin headlines versus Grayscale’s Zcash marketing push

• Gold’s hold of the $4,000–$4,050 zone and crude’s stay soft near sub-$92 Brent / mid-$80s WTI

edgeX Market Lens

Tuesday re-priced the post-Monday rebound: bitcoin and ether slid to about $73,363 and $2,042 after CPI and core both beat forecasts, ETF outflows extended, and Waller put a half-point December hike on the table. Equities gave back part of Monday’s surge, gold’s $4,100 reclaim failed under higher yields, and Brent’s dip through $90 showed diplomacy still capping the oil complex even as sticky inflation complicates the Fed path. Bank-backed stablecoin capital and Grayscale’s Zcash spend kept crypto-native headlines alive, but they could not offset the macro hit to beta.

The near-term question is whether $73,000 bitcoin support and $2,000 ether hold through the next Fed-speak and flow prints, or whether hotter inflation, a fully priced December hike, and another ETF bleed push crypto toward the $70,000 warning zone. Cheaper oil helps the inflation narrative on paper, yet the CPI beat and Waller comments raise the odds that rates stay restrictive into year-end. If bitcoin reclaims $74,000, ether stabilizes above $2,000, and gold keeps the $4,000 floor while bank stablecoin news supports institutional rails, the flush can consolidate. If ETF outflows re-accelerate, Waller-style half-point talk spreads, or gold loses $4,000 while oil snaps higher on Iran escalation, the CPI reset will deepen.

For active traders, access matters when bitcoin and ether trade the CPI/Fed tape, ETF flows stay negative, and gold and oil again set the inflation backdrop. edgeX gives traders self-custodial access to crypto, Bitcoin, tokenized stock, and RWA perpetual markets around the clock.