BusinessPhoto: News18 BusinessBitcoin Holds Near $75,000 Amid US Inflation Data Anticipation
Bitcoin traded near $75,000 on November 10 after support below $74,000 in prior sessions. Recovery remains modest due to continued outflows from US spot Bitcoin ETFs, weighing on investor sentiment. Weak institutional demand and uncertainty over US Federal Reserve interest rates persist. Investors await US inflation data, which may impact Fed policy and Bitcoin's near-term direction. ETF outflows totaled $1.28 billion last week, with minimal inflows recently, indicating cautious institutional investors.
News18 Business·



