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Bitcoin ETF outflows continue amid AI market doubts and rising stock correlations, challenging crypto rotation hopes.

Market News
12 Nov 2026, 15:19 WIB
Blockonomi
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Neutral
Bitcoin ETF outflows continue amid AI market doubts and rising stock correlations, challenging crypto rotation hopes.

Fidelity strategist Jurrien Timmer raised concerns about the AI boom possibly ending, noting weakening tech leadership and rising correlations between stocks and Bitcoin. US spot Bitcoin funds saw $299.8 million in outflows on November 11, extending a five-day withdrawal streak totaling about $1.44 billion, which challenges the idea of capital rotating from AI stocks into crypto. Timmer compared current market patterns to the late 1990s internet cycle but cautioned against direct predictions. The near-term crypto outlook depends on ETF flows and price strength, while broader market resilience may come from sectors like financials, healthcare, and energy amid tightening financial conditions.

Bitcoin outlook amid AI boom concerns is the subject, with Pluang market data providing context. For readers following cryptocurrency markets, here is Pluang's snapshot as of Nov 12, 2026 20:32 WIB: out of 50 major cryptocurrencies, only 6 rose while 43 fell. Among notable movers, YFI (Yearn) dropped 4.63% to Rp33,501,715 with a typical hold time of 94 days and 88% sell order activity; ZIL (Zilliqa) fell 4.37% to Rp27 but had strong buy interest at 85%, and XTZ (Tezos) declined 4.33% to Rp4,217 with 99% sell orders.

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