Bitcoin Drops to $94,200; 2-year uptrend at risk as technicals deteriorate
first published 2025-11-14T05:39:19Z
The 11 U.S.-listed spot Bitcoin ETFs recorded a $869.86 million outflow on Thursday, their second-largest on record, contributing to $2.64 billion of withdrawals over the past three weeks. The outflow coincided with Bitcoin slipping below the $100,000 support to trade near $97,500 (down >5% in 24 hours, ~11% month-to-date). Ether ETFs also posted $259.72 million in outflows, the largest since Oct. 13. Data cited from SoSoValue and CoinDesk.
AI Analysis
The story reports a $869.86M outflow from U.S. spot Bitcoin ETFs (second-largest on record) and $2.64B withdrawn over three weeks, concurrent with Bitcoin falling below $100,000 to ~$97,500 (>5% 24h, ~11% MTD). It also cites a $259.72M outflow for Ether ETFs (largest since Oct. 13). Sources: SoSoValue and CoinDesk.
Impact: High
Sentiment: Very Bearish
Source Articles
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