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Bitcoin dips below $75,000 after brief surge above $80,000 amid ETF selling pressure.

Market News
11 Nov 2026, 22:41 WIB
Zycrypto
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Bearish
Bitcoin dips below $75,000 after brief surge above $80,000 amid ETF selling pressure.

Bitcoin briefly rose above $80,000 but fell back to around $75,000, marking its weakest close since August. The drop was driven by heavy ETF outflows and cautious derivatives trading, with short-term holders near break-even and selling pressure weighing on the price. Despite some leverage being reduced, the market remains unstable as traders watch for signs of recovery or further decline.

Bitcoin's recent price volatility is notable as it struggles to maintain levels above $75,000. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Nov 12, 2026 03:21 WIB: Among 50 major cryptocurrencies priced on Pluang, 32 advanced and 17 declined. Key movers included BAL (Balancer) up 11.14% to Rp16.297 with a typical hold time of 85 days, EOS (EOS.IO) rising 8.13% to Rp12.649 with 87 days typical hold, and AVAX (Avalanche) gaining 4.00% to Rp155.050 with an 88-day hold and a Pluang order activity split of 19% Sell / 81% Buy.

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