Bitcoin Slips Below $74,000 as ETF Outflows and Inflation Fears Sour the Market

Bitcoin is trading at $73,520.24, down 0.31% in the past 24 hours and 8.48% over the past seven days, according to outlookmoney.com. The slip below the $74,000 mark came with a broader slide across major tokens. Ethereum sits at $2,042.41, down 1.08% on the day and 15.60% on the week.

Altcoins took the heavier hits. XRP traded at $1.03 after a 20.54% weekly drop, Solana fell 13.70% over seven days to $82.73, Cardano shed 12.53% to $0.1723, and BNB declined 5.52% on the week to $673.62. Total crypto market capitalisation slipped 0.51% to $2.44 trillion, per CoinMarketCap data cited by the outlet.

The money is moving out of funds too. US spot Bitcoin ETFs saw roughly $39 million in outflows on November 11, 2026, while Ethereum spot ETFs lost about $10 million the same day. Balaji Srihari, vice president and business head at CoinSwitch, put outflows from US spot Bitcoin ETFs at around $1.28 billion during the first week of November.

Srihari tied the drop to macroeconomic uncertainty and a wider correction in risk assets, saying hotter-than-expected October US inflation boosted expectations of a possible Federal Reserve rate hike in December. He added that Ethereum and XRP fell harder because altcoins are more sensitive to swings in sentiment and liquidity.

Prateek Gupta, head of business at Mudrex, called it a re-pricing of global liquidity driven by the same inflation surprise. He expects volatility to persist and flagged the Fed's December 8-9 decision, spot ETF flows, funding rates, open interest and US tech stocks as the signals to watch.

Srihari argued the selloff may be a consolidation phase rather than the start of a deeper bearish trend, though he said continued ETF outflows and weak indicators warrant caution. He singled out Bitcoin's ability to hold the $72,000-$73,000 range as the key test for where the market heads next.