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Glowing neon Bitcoin logo beside a hanging light bulb against a dark background
Photo: Investing.com

Bitcoin Falls to $74,000 on ETF Outflows, Liquidations

Cointelegraph2 min read6 sources

Why is Bitcoin down today?

Bitcoin (BTC) fell about 2% to near $74,000 on Sunday, a two-month low, after $1.3 billion in weekly ETF outflows and $1 billion in forced liquidations spooked traders.

Key numbers

Bitcoin price$74,153-2.2% in 24h
Liquidations (24h)$1B+$931M from long bets
Bitcoin ETF flows (week)-$1.28BMost since June
BlackRock IBIT outflows$1.21BAbout 95% of weekly total
Ethereum price$2,105-5.8% in 24h
Ethereum ETF flows (week)-$365.2MNov 2–6

What happened

Bitcoin (BTC) fell about 2% to near $74,000 on Sunday, a two-month low, after $1.3 billion in weekly ETF outflows and $1 billion in forced liquidations spooked traders. U.S. Bitcoin funds (ETFs, which let people buy Bitcoin through a normal brokerage account) lost $1.28 billion last week, the most since June. Liquidations are forced sales when traders who borrowed money to bet on higher prices run out of cushion; about $931 million came from those bets. Ethereum (ETH) fell about 5.8% to near $2,105.

Why it matters

Bitcoin's slide matters because it is the largest cryptocurrency and often pulls other coins lower. Big fund withdrawals suggest large investors are stepping back, and Democratic control of Congress has raised worries about tougher crypto rules. Traders are also waiting for Tuesday's U.S. inflation report, since higher inflation can keep interest rates high and make risky assets less appealing.

Who this affects

Marketbearish
Medium impact
Crypto traders face losses; borrowed bets were hit hardest.
Companybearish
Medium impact
Bitcoin holders face losses; fund investors keep withdrawing money.
Competitorsbearish
Medium impact
XRP and Ethereum fell harder than Bitcoin.
Industrybearish
Medium impact
Crypto firms and funds face rule worries and weaker demand.

Bitcoin vs Ethereum, XRP, Solana

BitcoinBTC$74,392-1.9%-$1.28B
EthereumETH$2,118-5.2%-$365M
XRPXRP—-6.4%—
SolanaSOL—-3.0%—

As of 2026-11-09

How we got here

  1. U.S. spot Bitcoin ETFs lose $400 million on the week's first day.

  2. Bitcoin ETFs lose another $430 million; Friday adds $412 million more in outflows.

  3. Bitcoin dips below $74,000 as over $1 billion in crypto bets are liquidated.

  4. Ethereum trades near $2,105 after briefly dropping below $2,100 on Sunday.

What to watch

  • U.S. October inflation report; economists expect a 0.2% monthly rise after September's 0.6%.2026-11-10
  • U.S. producer price data, after September's 6.3% annual climb, the highest in over three years.2026-11-13
  • Whether Bitcoin ETFs post a third straight week of outflows after $1.28 billion last week.2026-11-13

Educational content only. Not investment advice.

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