Bitcoin traded at $75,714.47 on Coinbase at 05:53 UTC on Sunday 8 November, down $16.58 (0.02%) from where it opened the weekend at 00:00 UTC on Saturday. Since Friday’s close the bitcoin price has gone almost nowhere: the whole Saturday session fit inside a $700 band, on 2,438 BTC of Coinbase volume, less than a third of Friday’s. Funding rates on the big perpetual futures markets are close to zero and open interest has barely moved.
The one number that did change is sentiment. The Crypto Fear & Greed Index rose from 25 to 28 with no price move behind it. Our Saturday morning bitcoin price report had BTC at $75,939.92 at 07:48 UTC, so the price is down $225.45 (0.30%) since then. Coindaro found no overnight news that moved the market and gives no reason for moves that did not happen.
Bitcoin price today: a $700 Saturday on thin Coinbase volume
All prices in this section come from Coinbase’s BTC-USD candles, read on Sunday morning up to 05:53 UTC. The weekend high was $76,152.43, printed in the 1-minute candle of 09:00 UTC on Saturday. The low came twelve and a half hours later: $75,452.88 at 21:31 UTC. That is a range of $699.55, or 0.92% of the price.
Sunday so far has been even narrower. Between 00:00 and 05:53 UTC, bitcoin moved between $75,545.34 (at 02:16 UTC) and $75,868.27 (at 04:23 UTC), a $323 band. Those are Asian trading hours for crypto, but Asian stock and bond markets are closed on Sunday, so no cash session in Tokyo, Seoul or Hong Kong has opened since Friday.
Friday’s low of $74,722, reached at 15:05 UTC, was never tested again. The weekend’s lowest print stayed $731 above it.
Saturday volume was a copy of last weekend
Coindaro’s count of Coinbase daily candles (UTC days) shows how little changed hands. Saturday’s 2,438 BTC was 29% of Friday’s volume and 16% of Thursday’s. It is also almost the same figure as the Saturday before, 31 October, when 2,434 BTC traded in a $691 range. Two weekends in a row now carry the same thin signature.
| Day (UTC) | Coinbase volume (BTC) | High-low range |
|---|---|---|
| Fri 30 Oct | 13,656 | $2,494 |
| Sat 31 Oct | 2,434 | $691 |
| Sun 1 Nov | 3,036 | $929 |
| Mon 2 Nov | 7,783 | $2,209 |
| Tue 3 Nov | 6,275 | $1,743 |
| Wed 4 Nov | 13,199 | $5,530 |
| Thu 5 Nov | 15,497 | $5,809 |
| Fri 6 Nov | 8,333 | $1,584 |
| Sat 7 Nov | 2,438 | $700 |
| Sun 8 Nov (to 05:53) | 376 | $323 |
Crypto trades every day, but US spot bitcoin ETFs and the banks behind most fiat transfers do not open on weekends. Coindaro’s reading of its own figures is that this weekend’s flat price reflects thin trading rather than a standoff between buyers and sellers. It is a reading, not a sourced explanation.
Ether, Solana and XRP drifted lower than bitcoin
The rest of the large-cap market was a little weaker. On Coinbase hourly candles read around 05:43 UTC, ether opened Saturday at $2,235.20 and stood at $2,231.91, after a weekend range from $2,218.76 (Saturday 21:00 UTC candle) to $2,248.41 (Saturday 09:00 UTC candle). Solana went from $90.02 to $89.11 and XRP from $1.1776 to $1.1608, a 1.4% slide that makes it the weakest of the three.
Coindaro’s bin/market.py snapshot of 05:38 UTC put the total crypto market value at $2.56 trillion, 2.70% lower over 24 hours, while bitcoin was down only 0.23% over the same window. Bitcoin’s share of the market stood at 59.3%. The biggest 24-hour moves were in small tokens: MET gained 15.06% and GEOD lost 14.27%. Ethena’s ENA fell 6.01% and PUMP 6.08%. Coindaro found no news behind any of them.
Derivatives: funding near zero and leverage left in place
If traders were betting hard on a break either way, it would show in the futures markets. It does not. On Binance’s BTCUSDT perpetual, the 8-hour funding rate fell to 0.0013% at the Saturday 08:00 and 16:00 UTC settlements, then rose to 0.0053% at 00:00 UTC on Sunday, about half of the 0.0100% baseline. A positive funding rate means long positions pay shorts; our glossary entry on the funding rate explains the mechanism.
Binance’s open interest on the same contract was 95,964 BTC at 05:51 UTC. Since 00:00 UTC on Saturday its hourly readings have stayed between 95,613 BTC (Saturday 05:00 UTC) and 96,496 BTC (Saturday 14:00 UTC), less than 1% apart. Leverage was neither added nor cut in any size over the weekend. Binance’s ratio of long to short accounts stood at 3.07 at 05:00 UTC, meaning about 75% of accounts were net long; it counts accounts, not the size of their positions.
Deribit shows the same picture. At 05:51 UTC its BTC perpetual was marked at $75,721.32, with open interest of about $687.2 million and an 8-hour funding figure of 0.0029%. The futures curve slopes gently upward: the December contract was marked at $76,272.72, about 0.7% above the perpetual, and the September 2027 contract at $79,460.65. Nothing in that curve points to stress.
Options open interest on Deribit was about 139,424 BTC in puts and 201,013 BTC in calls at 05:51 UTC, a put-to-call ratio of 0.69 by Coindaro’s calculation, and almost identical to the reading published on Saturday evening. One number did move. Deribit’s DVOL index of implied volatility rose from 39.40 at 00:00 UTC on Saturday to 40.32 at 00:00 UTC on Sunday, and was at 40.27 at 04:00 UTC. Realised moves shrank while the price of options edged up by about one point; Coindaro reads that as options still pricing a move later in the week, a reading based on two data points.
Sentiment and the CME gap: both quieter than they look
The Crypto Fear & Greed Index from alternative.me printed 28 (Fear) for Sunday, up from 25 (Extreme Fear) on Saturday and back to Friday’s level. The index blends volatility, volume, social data and other inputs, so a quiet weekend alone can lift it. It says little about where the price goes next.
Weekend traders also used to watch the CME gap, the jump between the Friday close of CME bitcoin futures and their Sunday reopen. That gap no longer forms in the same way. CME Group’s crypto futures and options went to round-the-clock trading on Friday 29 May 2026, and more than 7,200 contracts, about $50 million in notional value, traded over the first weekend, Markets Media reported on 1 June. Coindaro already made the point after the weekend of 1 November in our session analysis, which found no CME gap to fill.
The week ahead: Bowman on Monday, CPI on Tuesday at 13:30 UTC
The calendar does most of the work this week. The ETF outflows and options positioning of last week are in our analysis of bitcoin’s US week; here are the dates, all in UTC (Paris and Rome are one hour ahead, New York five hours behind).
Monday 9 November
Asian markets reopen first, from about 00:00 UTC, the first test of the weekend’s calm with traditional markets open. Federal Reserve Vice Chair for Supervision Michelle Bowman speaks on community banking at 13:40 UTC, according to the Fed’s November calendar. CoinShares usually publishes its weekly fund-flow report on Monday, and the first US spot ETF flow figures of the week arrive after the US close.
Tuesday 10 November: the October CPI
The Bureau of Labor Statistics publishes the October consumer price index at 8:30 a.m. Eastern time, 13:30 UTC, according to its CPI release schedule. This release comes with a gap. Because the BLS could not collect October 2025 prices during the government shutdown, its shutdown FAQ says it “will not publish 12-month percent changes for October 2026 for indexes where October 2025 data are not available”.
In practice, the monthly change will be the official number to watch. Any year-on-year inflation figure quoted on Tuesday for those indexes will be an estimate by someone other than the BLS. The Cleveland Fed’s nowcast of 6 November pointed to a 0.24% monthly rise in headline prices and 0.21% for core, figures reported in our weekly analysis.
Fed speakers bracket the release. Governor Christopher Waller gives a speech on the economic outlook in London at 09:00 UTC, and Bowman speaks twice on the same subject after the US close, at 20:30 and 23:30 UTC, according to the Fed’s calendar.
The same day, the monthly RAIN tranche falls due. Our event page on the RAIN unlock of 10 November has the amount and the missing hour.
Wednesday 11 November to Friday 13 November
Wednesday is Veterans Day, a US federal holiday; the Fed’s daily and weekly statistical releases due that day come out on Thursday instead. Allora’s insider cliff ends the same day, with an estimated 160 million ALLO tokens released.
On Thursday, weekly jobless claims are due at 13:30 UTC and Fed Governor Michael Barr speaks on artificial intelligence and inequality at 15:00 UTC. Friday brings October producer prices at 13:30 UTC, per the BLS PPI schedule, and Bowman again at 15:50 UTC. Deribit’s weekly bitcoin options expire at 08:00 UTC that morning, on about 33,400 BTC of open interest (13,579 BTC of puts and 19,837 BTC of calls at the 05:51 UTC read). Fed Vice Chair Philip Jefferson closes the week with a speech at 00:00 UTC on Saturday 14 November.
Further out
The minutes of the Fed’s last meeting are published on Wednesday 18 November at 19:00 UTC, the same day as a TRUMP token unlock; LayerZero’s ZRO unlock follows on 20 November. The Fed’s last rate decision of the year comes on 9 December.
What is still unknown before Monday
Bitcoin starts the week near Friday’s closing level, with leverage roughly where it was on Saturday morning. Weekend prices were set on a fraction of weekday volume, so they say little about how the market will trade once ETFs and stock exchanges reopen.
Monday’s ETF flows and the October monthly CPI figure are not known yet, nor how traders will handle a release without most of its usual yearly rates. Coindaro has no forecast for any of them. The next fixed time is Bowman at 13:40 UTC on Monday, then the CPI at 13:30 UTC on Tuesday.