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Bitcoin price steady near $73,700 as US bitcoin ETF outflows shrink and inflation data looms

Market News
12 Nov 2026, 07:19 WIB
CryptoTicker
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Bearish
Bitcoin price steady near $73,700 as US bitcoin ETF outflows shrink and inflation data looms

Bitcoin traded around $73,700 on November 12, 2026, slightly above its 200-day moving average. Outflows from US bitcoin ETFs, particularly BlackRock's IBIT, have continued but are decreasing, signaling easing selling pressure. US inflation data released recently suggests a likely Federal Reserve rate hike in December, which could impact bitcoin demand. Upcoming US producer price data will be a key market indicator before the Fed's December 9 decision, influencing bitcoin's near-term price direction.

Bitcoin price and related market factors provide context for Pluang's cryptocurrency snapshot as of Nov 12, 2026 12:02 WIB: Among 50 major cryptocurrencies priced on Pluang, 12 rose and 36 fell. Notable movers include SXP (Solar) down 46.27% at Rp37 with a typical hold time of 94 days, ONE (Harmony) down 14.86% at Rp27 with a 41% sell to 59% buy order activity and a typical hold time of 153 days, and BAL (Balancer) up 11.14% at Rp16,297 with a typical hold time of 85 days.

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