Bitcoin struggles below $75K as $1.2B in crypto bets get wiped out
first published 2026-11-09T06:33:06Z
The crypto market’s total value has dropped to $2.57 trillion, with Bitcoin falling to a 12-week low near $73,510. Traders are watching upcoming U.S. CPI, PPI, and jobless claims data, plus earnings from CoreWeave, Cisco, and Applied Materials, because the reports could shift expectations for Federal Reserve policy and influence near-term market direction. The article also cites heavy ETF outflows and weakness in Bitcoin, Ethereum, and XRP.
AI Analysis
The summary says the crypto market is under pressure, Bitcoin hit a 12-week low, and there are heavy ETF outflows. It also notes that upcoming U.S. inflation, labor, and earnings data could affect Federal Reserve expectations and near-term market direction.
Expected Investor Sentiment: Very Bearish
Potential Market Impact: High
Source Articles
- Key Economic Events to Watch This Week: US CPI, PPI, and Earnings Reports - Coinpedia
- XRP On the Verge of Losing $1 Threshold: Second-Worst Performance In 2026 - U.Today
- Bitcoin ETFs shed $1.3B in biggest weekly outflow since late June - Cointelegraph
- Can crypto recover if US inflation keeps rate hike bets alive? - Crypto News
- XRP Price Under Pressure as Crypto Crash Deepens: Is $0.99 Next? - Coinpedia
- Popular Analyst Predicted Bitcoin’s Latest Slide and Sees More Pain Ahead - Bitcoin.com
- Bitcoin Repeats Rare Historical Signal: What It Means for the 4-Year Cycle - U.Today
- Bitcoin Price Prediction: BTC Breaks Below $74K as $60K Support Comes Into Focus - Coinpedia
- BTC price eyes $73K amid Nvidia volatility: Three things to know in Bitcoin this week - Cointelegraph
- Shiba Inu (SHIB) Trading Surges 71% as $1.14 Billion Selloff Rocks Market - U.Today
- Crypto week ahead: 5 things that could affect Bitcoin price this week - Crypto News
- XRP Price Sinks to $1.08 and Polymarket Says $1 Is Now a Coin Flip - Bitcoin.com
- Why Are Bitcoin and US Stock Market Falling? Will the Sell-Off Continue This Week? - Coinpedia
- Nvidia (NVDA) Stock Price Prediction This Week - Coinpedia
- Bitcoin Price Drops Below $74,000 as Nvidia Probe and Regulation Fears Spark $1 Billion in Liquidations - Bitcoin Magazine
- Bitcoin Price Struggles Below $75K as $1.2B in Crypto Bets Get Wiped Out - Bitcoin.com
