Bitcoin price tests USD 74,000 as ETF outflows and hot CPI weigh
Published on 11/11/2026 at 07:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSBitcoin tests a fragile support zone
- Bitcoin traded at USD 73,891.4 at 07:07:53 Berlin time on November 11, according to Investing.com.
- The price was 0.23% above CoinGecko's UTC close of USD 73,721 for November 10.
- Markets.com reported approximately USD 1.48 billion in US spot Bitcoin ETF outflows through November 9.
- Hotter-than-expected US inflation has strengthened expectations for another Federal Reserve rate hike in December.
The Bitcoin price remained under pressure on November 11 after a volatile retreat from the post-election rally. Investing.com showed Bitcoin at USD 73,891.4 at 07:07:53 Berlin time, with a displayed live change of -0.99%. Compared with CoinGecko's verified UTC close of USD 73,721 for November 10, the price was 0.23% higher at the time of the Investing.com reading.
The live quote, market capitalization of USD 1.48 trillion and 24-hour volume of USD 29.02 billion were displayed by Investing.com. The source also listed a 52-week range of USD 57,832.5 to USD 105,309.1. These figures describe the market at the cited reading, not a regulated exchange close.
Inflation revives rate concerns
The immediate macro catalyst was the US October Consumer Price Index. Markets.com reported that headline CPI rose 0.4% month over month, above the 0.3% expectation, while core CPI increased 0.3%, above the 0.2% forecast. The report said the data strengthened expectations of another Federal Reserve rate increase at the December 8-9 meeting.
For Bitcoin, higher yields and a stronger US dollar can reduce the appeal of a non-yielding, highly volatile asset. Markets.com identified the USD 73,200 area, close to the 200-day moving average cited in its report, and USD 73,000 as important near-term support. A break below that zone would weaken the short-term technical structure, while USD 74,000 to USD 75,000 was described as the first recovery hurdle.
ETF demand remains a headwind
Institutional demand has also weakened. Markets.com said US spot Bitcoin ETFs recorded approximately USD 1.48 billion of net outflows through November 9, including approximately USD 201 million on November 9. A separate weekly review by Caleb & Brown put Bitcoin investment-product outflows at USD 1.28 billion for the week, the largest weekly outflow since June. The differing totals reflect different reporting periods and product groupings.
That combination leaves the Bitcoin price caught between a macro liquidity shock and the possibility of support-driven stabilization. Caleb & Brown reported a November 10 low of USD 72,840, while Investing.com's live range on November 11 ran from USD 73,234.4 to USD 73,991.6. A sustained recovery would require renewed ETF demand and a move back above the USD 74,000 to USD 75,000 area; continued outflows would keep downside risks in focus.
More Bitcoin developments and market context are available on the Bitcoin topic page.
