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Bitcoin rebounds with limited new demand; futures interest steady, ETFs see partial inflow recovery.

Market News
06 Nov 2026, 20:04 WIB
Tokenpost
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Neutral
Bitcoin rebounds with limited new demand; futures interest steady, ETFs see partial inflow recovery.

Bitcoin's price bounced back after an early dip, but signs of fresh buying were limited. Futures open interest stayed near $53.4 billion, indicating little new leveraged trading. U.S. spot Bitcoin ETFs saw about $74 million in net inflows on Nov. 4, partially reversing over $400 million in outflows from previous sessions. The Coinbase Premium Index remained negative, showing weak U.S. spot demand. Significant short liquidations, especially $300 million in Bitcoin shorts, helped drive the rebound, marking the largest Bitcoin short liquidation since September 21.

Bitcoin's recent price rebound shows limited fresh demand, here is Pluang's market snapshot as of Nov 07, 2026 00:23 WIB: Among 50 major cryptocurrencies priced on Pluang, 39 rose and 10 fell today. Notable movers include XRP at Rp21.573 with a 1-day change of -4.12% and a typical hold time of 73 days, SAND at Rp791 up 4.03%, and EGLD at Rp59.399 up 3.90%, with Pluang order activity strongly favoring buys for EGLD at 96%.

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