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Bitcoin tests $73,000 amid hot US inflation and $1.14B ETF outflows, risking a drop to $70,000 support level.

Market News
11 Nov 2026, 15:43 WIB
Coinpaper
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Bearish
Bitcoin tests $73,000 amid hot US inflation and $1.14B ETF outflows, risking a drop to $70,000 support level.

Bitcoin traded near $73,974 after a volatile session, testing key support around $73,000 amid a broader market correction. US spot Bitcoin ETFs saw $1.14 billion in outflows over four sessions, signaling institutional selling pressure. Rising US inflation and expectations of Fed rate hikes have added to Bitcoin's challenges, pressuring its recovery. If Bitcoin falls below $72,700, it could test the $70,000 level, while a rebound above $74,500 is needed to regain momentum.

Bitcoin price action near $73,000 offers context for readers, with Pluang market data as of Nov 11, 2026 20:42 WIB showing broad weakness in major cryptocurrencies. Of 50 priced assets, only 9 rose while 40 fell today. Notable movers include AXS at Rp14.297 with a 1-day change of -2.64%, XTZ at Rp4.408 down 2.63%, and XRP at Rp19.049 down 2.40%.

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