Bitcoin price slips below USD 72,000 as ETF outflows persist
Published on 11/12/2026 at 18:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSBitcoin faces fresh pressure
- Bitcoin was quoted at USD 71,676.5 on November 12 at 18:17:34 Berlin time, according to Investing.com.
- Moneycontrol reported USD 95 million of outflows from US spot Bitcoin ETFs in the latest fully reported session.
- Hotter-than-expected US inflation has strengthened expectations of a December Federal Reserve rate hike.
- Strategy disclosed a purchase of 7,212 Bitcoin while ETF redemptions continued, according to Proactive.
The Bitcoin price moved below USD 72,000 on November 12 as investors assessed persistent ETF withdrawals and expectations for tighter US monetary policy. Investing.com showed Bitcoin at USD 71,676.5 at 18:17:34 Berlin time, with a session range of USD 71,265.8 to USD 74,191.2.
The quote was taken from Investing.com's Bitcoin market page. The same page listed 24-hour trading volume of USD 28.92 billion, market capitalization of USD 1.44 trillion and a 52-week range of USD 57,832.5 to USD 104,008.7.
Macro pressure remains central
Moneycontrol reported that Bitcoin had traded near USD 73,738 earlier on November 12 after briefly moving above USD 74,635. The publication linked the cautious market tone to stronger-than-expected US inflation and employment data, which reinforced expectations of another Federal Reserve rate hike in December.
Moneycontrol also reported USD 95 million of net outflows from US spot Bitcoin ETFs in the latest fully reported session. The outlet quoted market participants who identified USD 73,100 to USD 73,300 as immediate support, followed by USD 71,800 to USD 72,000. A sustained move above USD 75,000 to USD 75,700 was described as important for improving short-term momentum. The report is available from Moneycontrol.
ETF selling meets corporate demand
ETF redemptions are not the only flow affecting the market. Proactive reported that Strategy disclosed another purchase of 7,212 Bitcoin worth roughly USD 530 million, while Japan's Metaplanet added 528 Bitcoin. The report also said US spot Bitcoin ETFs recorded roughly USD 109 million of net outflows on November 11, illustrating the contrast between corporate accumulation and weaker fund demand.
That opposing flow picture leaves the Bitcoin price sensitive to both macroeconomic data and positioning in investment products. Proactive reported that Bitcoin was trading near USD 73,800 to USD 74,000 earlier on Thursday and identified the USD 73,000 to USD 74,000 area as important for avoiding another leg lower. Its report can be read via Yahoo Finance.
What investors should watch
The immediate focus is whether Bitcoin can stabilize above the lower support areas while ETF withdrawals continue. A recovery would need to regain the USD 75,000 to USD 75,700 zone to change the short-term technical picture described by Moneycontrol. Until then, the combination of inflation uncertainty, rate-hike expectations and uneven institutional flows points to elevated volatility rather than a confirmed trend reversal.
More Bitcoin coverage is available on the Bitcoin topic page.
