Bitcoin Holds Near $76K as ETF Outflows Keep Pressure On
$BTC is hovering around $75,900 after Friday’s washout, while U.S. spot Bitcoin ETFs saw about $412M in net outflows that session—BlackRock’s IBIT alone near $403M. That brings November’s ETF withdrawals to roughly $1.28B through Friday, so the bounce still lacks firm institutional follow-through.
Risk appetite also cooled with the tech selloff and strong U.S. jobs data weighing on near-term rate-cut bets. For traders, $75K remains the support line to watch; a sustained push toward $80K needs cleaner flows, not just a weekend bounce.
Are you long or short here? Drop your view below 👇
$BTC #Bitcoin #BTC #ETF #BinanceSquare
$BTC is hovering around $75,900 after Friday’s washout, while U.S. spot Bitcoin ETFs saw about $412M in net outflows that session—BlackRock’s IBIT alone near $403M. That brings November’s ETF withdrawals to roughly $1.28B through Friday, so the bounce still lacks firm institutional follow-through.
Risk appetite also cooled with the tech selloff and strong U.S. jobs data weighing on near-term rate-cut bets. For traders, $75K remains the support line to watch; a sustained push toward $80K needs cleaner flows, not just a weekend bounce.
Are you long or short here? Drop your view below 👇
$BTC #Bitcoin #BTC #ETF #BinanceSquare