📉 Bitcoin ETFs see outflows for the 5th consecutive day — can BTC hold $73,000?
Bitcoin is trading around $73,700 during the November 12 session, still under pressure after U.S. spot Bitcoin ETFs recorded net outflows of about $300 million on Wednesday, marking their 5th consecutive day of outflows. Over the past 20 sessions, these ETFs have seen outflows of about $1.6 billion, according to SoSoValue data.
Further pressure is coming from MSCI’s decision to exclude Strategy and Metaplanet from its global indexes, alongside widespread market fear: the Fear & Greed Index is at 28. BTC’s nearest support zone is $72,700–$73,000, and if it breaks below that, the next level being mentioned is $68,000 (Coinglass).
On the other hand, today’s biggest-losing altcoin is $H (Humanity Protocol), down 25.64% over 24 hours to $0.0254, with trading volume of around $5.4 million (Binance spot data, November 12).
Do you think BTC will hold $73,000, or will it retest $68,000 this week?
#CryptoNews #Bitcoin #ETF
📌 Market information, not investment advice.
Bitcoin is trading around $73,700 during the November 12 session, still under pressure after U.S. spot Bitcoin ETFs recorded net outflows of about $300 million on Wednesday, marking their 5th consecutive day of outflows. Over the past 20 sessions, these ETFs have seen outflows of about $1.6 billion, according to SoSoValue data.
Further pressure is coming from MSCI’s decision to exclude Strategy and Metaplanet from its global indexes, alongside widespread market fear: the Fear & Greed Index is at 28. BTC’s nearest support zone is $72,700–$73,000, and if it breaks below that, the next level being mentioned is $68,000 (Coinglass).
On the other hand, today’s biggest-losing altcoin is $H (Humanity Protocol), down 25.64% over 24 hours to $0.0254, with trading volume of around $5.4 million (Binance spot data, November 12).
Do you think BTC will hold $73,000, or will it retest $68,000 this week?
#CryptoNews #Bitcoin #ETF
📌 Market information, not investment advice.
