Bitcoin Stays Under $75,000 With No Clear Sign of Rebound
Bitcoin traded below $75,000 on Monday after a week of steep losses, according to Dow Jones Newswires. Ether slipped to $2,108.
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what happened
Bitcoin remained beneath $75,000 on Monday, with few signs of a bounce after a week of steep losses, according to Dow Jones Newswires. The coin rose 0.1% to $74,162, having dipped under that level on Friday for the first time since August. Crypto markets have had a rough ten days, hit by a $6.3 billion hack at the Binance exchange and by the Democratic sweep in the election, which some investors fear may bring tighter oversight of the sector.
U.S. tech shares also fell hard last week, and bitcoin slid roughly 5% on Thursday. Stronger-than-expected American nonfarm payrolls on Friday lifted bets that the Federal Reserve would raise rates again, and higher rates typically weigh on assets that pay no yield. Linh Tran, a market analyst at broker XS.com, said outflows from spot bitcoin ETFs and expectations of higher U.S. rates have not eased enough to bring buyers back. JPMorgan estimated spot bitcoin ETF outflows at $431 million on Thursday.
why it matters
The pressure is coming from several directions at once: rate expectations, fund outflows and regulatory worries. Until those ease, crypto assets remain highly sensitive to US economic data and policy headlines.
market impact
Bitcoin and crypto: ETF outflows and expectations of Fed tightening weigh on the price
- Bitcoin pressure down — outflows from spot ETFs and expectations of higher Fed rates pressure the price
tags
instruments
on polymarket
sources
- Bitcoin Below $75,000 as Rebound Remains Elusive — Dow Jones Newswires, 9 November 2026 at 06:57 UTC
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