Bitcoin rebounded to around $74,600 by 12:25 p.m. EST, up about 2% on the day, after falling to $72,787 following hotter-than-expected U.S. inflation data. The recovery was uneven: it had repeatedly lost momentum near $74,000.
U.S. spot bitcoin ETFs recorded $95 million in net outflows on Nov. 10, their fourth straight day of outflows, according to the source. DWF Labs’ Martin Lee cautioned that ETF flows tend to follow bitcoin’s price rather than predict it. He said demand tied to dollar debasement alone is unlikely to sustain a rally without broader demand for risk assets.
