Brent heads for a 16% weekly crash, its worst since 2020, as Iran peace hopes weigh on oil. Can crude reclaim $100 despite Hormuz tanker attacks?

Ethereum fell more than 8% toward $2,200 on November 6, reversing its post-election rebound as institutional outflows, leveraged liquidations and a technology-stock selloff weighed on crypto markets. ETH traded near $2,220 in early Friday trading, down about 8.3% over 24 hours. The token had approached $2,450 during its latest rebound but failed to hold momentum above $2,400. US spot Ethereum ETFs recorded $99.9 million in net outflows on November 5, according to Farside Investors, erasing the previous session inflow of $53 million. The reversal revived questions over whether institutional demand can support Ethereum recovery. ETF outflows returned after a brief improvement in sentiment. Ethereum funds attracted $53 million on November 4, ending seven straight sessions of withdrawals that totaled about $656 million. That inflow had raised expectations for another run at $2,500, as noted in a previous Coinpaper Ethereum price prediction. Demand faded almost at once. BlackRock ETHA lost $75.2 million on November 5 and BlackRock ETHB lost $22 million. Together the two funds accounted for roughly 97% of the net outflows for the day. The selling extended a difficult October, when Ethereum ETFs lost about $1.61 billion. Derivatives traders also took heavy losses. CoinGlass data cited by crypto.news showed about $210 million in Ethereum liquidations, including $179 million in leveraged long positions. Forced closures can speed price declines when falling prices trigger more selling. Bitcoin ETF withdrawals reached $430 million, a sign that institutional weakness spread beyond Ethereum. Immediate support for Ethereum sits around $2,200 to $2,207, a zone that has drawn buyers during recent declines. A sustained break below that area could expose $2,170 and then about $2,150. Below those levels, the next significant downside zone is around $2,060 to $2,100. The psychological $2,000 mark could come into play if broader selling accelerates. The downside scenario echoes an earlier Coinpaper warning about Ethereum $2,000 risk, but a move to that level is not guaranteed. On the upside, ETH must first recover $2,270 to $2,300 to weaken the near-term bearish structure. A sustained move above $2,300 could reopen the path toward $2,380 to $2,400, where sellers previously stalled the recovery. The relative strength index for Ethereum on the daily chart hovered near 39, pointing to weak momentum without confirming oversold conditions. The next move for Ethereum may depend on whether ETF withdrawals slow and broader market sentiment stabilizes. The latest correction came alongside another technology-sector selloff, reinforcing the link between crypto volatility and investor appetite for risk. Earlier recovery attempts also struggled to sustain momentum without consistent institutional buying.

The JCT token from Janction is scheduled to list on Binance Alpha and Binance Futures on November 10, according to a crypto calendar alert. Janction is described as a major Japanese crypto project. JCT is already supported on major centralized exchanges, and the Binance listings add new access points for traders.

Nasdaq futures rose 1.62% while S&P 500 futures added 0.31% and Dow futures fell 0.99% as chip stocks rebounded after a sharp AI-led selloff. A semiconductor ETF gained 4.5% premarket and Nvidia rose over 4%. Investors now focus on the U.S. nonfarm payrolls report for rate clues.

Whale Alert reports that 200,000,000 USDS, worth $200,032,435, has been transferred from Sky to Poloniex.

The US Department of Labor final rule on alternative assets in 401k plans is now with the White House for final review before release. The rule governs how retirement plans may offer alternative assets, a category that can include crypto. It follows a public debate over whether trillions in US retirement savings should have crypto exposure.

Democrats won the US midterm elections and secured control of both the House of Representatives and the Senate, triggering a sharp market decline. US technology stocks sold off heavily. President Donald Trump blamed the Democrats for the drop in US equities and said the selloff that followed their congressional wins also shrank retirement accounts of Americans. Bitcoin was caught in the risk-off move and fell to around $75,000. The selloff produced a notable split between Bitcoin and the Nasdaq. Technology stocks suffered heavy losses, while Bitcoin posted a smaller decline. The Nasdaq Composite closed down 5.5%, and the Nasdaq 100 fell 6.3%. Bitcoin fell 5% during the day, a smaller loss than the Nasdaq 100. Macroeconomic analyst Alex Krüger commented on the move in a post on his X account. Krüger noted that it was only the second time in history that Bitcoin recorded a smaller loss on a day when the Nasdaq fell more than 5%. The first instance was March 16, 2020. QQQ, which tracks the Nasdaq 100, fell 12%, while Bitcoin dropped 10.6%. On November 5, 2026, QQQ fell 6.4%, while Bitcoin lost 5.3%. That marked only the second time in history that Bitcoin recorded a smaller single-day loss than technology stocks. This is not investment advice. Read more: An analyst says Bitcoin challenged Wall Street, only the second time in history.

Solana completed two October protocol upgrades. On October 9 it activated the final stage of SIMD-0525, halving its target slot time from 400 to 200 milliseconds. On October 21 Alpenglow went live on mainnet, replacing TowerBFT and targeting roughly 150 millisecond finality. Jito, Jupiter and Solana Microscope also released tooling updates.