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Bitcoin price tests USD 73,000 as ETF outflows and inflation weigh

Published on 11/10/2026 at 18:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
The Bitcoin price traded near USD 73,000 after hotter-than-expected US inflation strengthened expectations for a December Federal Reserve rate hike. ETF outflows and technical pressure continue to weigh on the market.

Bitcoin faces fresh macro pressure

  • Bitcoin traded at USD 73,069.5 at 18:18:33 Berlin time on November 10, according to Investing.com.
  • October US consumer prices rose 0.4 percent month over month, above the 0.3 percent forecast, while core CPI increased 0.3 percent against expectations of 0.2 percent.
  • US spot Bitcoin ETFs recorded USD 1.28 billion in net outflows last week, according to Wintermute, as reported by Bloomberg-alternative outlet Bloomingbit.
  • Wintermute identified USD 73,000 as a key downside threshold and USD 80,000 as a level that could improve the market structure.
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The Bitcoin price remained under pressure on November 10 after US inflation data came in above expectations. Investing.com showed Bitcoin at USD 73,069.5 at 18:18:33 Berlin time, with a daily range of USD 72,760 to USD 75,404. The page listed a 24-hour trading volume of USD 25.54 billion and a market capitalization of USD 1.47 trillion.

According to Asianet Newsable, the October consumer price index rose 0.4 percent from the previous month, compared with economists' expectation of 0.3 percent. Core CPI, which excludes food and energy, increased 0.3 percent against a forecast of 0.2 percent. The report pushed futures markets to price an 89 percent probability of a quarter-point Federal Reserve rate increase at the December 9 meeting.

ETF outflows limit recovery potential

Institutional flows remain a second source of pressure. Bloomingbit reported that Wintermute had identified USD 1.28 billion in net outflows from US spot Bitcoin exchange-traded funds during the previous week, the largest weekly withdrawal since June. Wintermute said a durable recovery would require ETF flows to return to net inflows.

The Bitcoin price has also become more sensitive to interest-rate expectations and broader risk appetite, according to the same analysis. Wintermute said Bitcoin had fallen back after rebounding to USD 81,000 the previous week. More than USD 1 billion in leveraged crypto positions had recently been liquidated, with the unwinding of long positions potentially reducing some forced-selling pressure but not establishing a market floor.

Key levels for investors

Wintermute described USD 73,000 as an important technical threshold. A daily close below that level and the 200-day moving average could open a path toward USD 68,000, according to the market maker. A sustained recovery above USD 80,000, combined with renewed ETF inflows, would provide a more constructive signal.

For investors, the current setup combines a weaker spot-flow backdrop with renewed macro pressure. Bitcoin.org describes Bitcoin as an open-source peer-to-peer payment network operated without a central authority. Its market price, however, remains highly sensitive to liquidity, leverage and changes in expectations for interest rates. The latest levels therefore indicate elevated downside risk as well as the possibility of sharp rebounds, rather than a confirmed trend reversal.

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