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CryptoMediumUpdated×8•Originally published 11 November 2026•Updated 11 November 2026•
1 min read

Bitcoin ETF Outflows Hit $2.22B as Price Drops 16.8% From September Peak

Key Facts

1The U.S. consumer price index rose 0.4% in October, after 0.6% in September, exceeding expectations of 0.3%.
2The core index rose 0.3% in October, the same monthly increase recorded in September and August.
3Bitcoin closed at $73,796.06 on November 10, compared with a close of $75,368.41 on November 9.
4Waller said a 50 basis point increase should be under consideration at the December meeting if core inflation is around 0.3% or higher.
5The 10-year U.S. Treasury yield rose to 4.99% from 4.88% late on November 9.

Total net outflows from spot Bitcoin ETFs have escalated to $2.22 billion as the cryptocurrency's price continues its downward trajectory. Analysts noted that the current price level represents a 16.8% decline from the peak reached in September, signaling intensified selling pressure across the market.

Bitcoin closed at $73,796.06 on November 10, 2026, down from the previous session's close of $75,368.41. Market sentiment remained weighed down by November 10 Bureau of Labor Statistics data showing a 0.4% rise in consumer prices, alongside Federal Reserve Governor Christopher Waller's comments regarding a potential 50-basis-point rate hike in December.

Latest Updates · 3

  1. Notable·

    Update: New data reveals that stablecoin supply contracted by $14.2 billion over the past month, marking the sharpest decline since June 2022. This liquidity squeeze accompanied a significant drop in Bitcoin demand, which fell by 284,000 BTC.

  2. Notable·

    Update: Glassnode data showed Bitcoin's price falling below the $75,600 level, which represents the cost basis for short-term holders. This technical breach coincided with the stablecoin supply recording its sharpest 30-day contraction since June 2022, indicating a decline in available market liquidity.

  3. Notable·

    Update: The probability of a 50-basis-point Federal Reserve rate hike in December rose to 13.6% following the recent inflation data. This shift in the CME FedWatch tool reflects changing market expectations after the consumer price index recorded a 0.4% increase in October.

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