Updated: Sunday, November 9, 2025
Bitcoin is steady near the psychologically crucial $100,000 handle, changing hands around $101,600 after a narrow overnight range. Weekend trading has been calm so far, but the week’s story remains one of persistent selling pressure and heavy spot–ETF redemptions in the U.S.
Bitcoin price snapshot
- Spot price:$101,596 (approx.)
- Today’s range:$101,487 – $102,568
- 7‑day performance:~‑7.9%
- Market capitalization:~$2.03T
Figures reflect real‑time market data and CoinDesk’s price dashboard at press time. Seven‑day change and market cap per CoinDesk. [1]
What’s moving BTC today (Nov 9)
ETF flows turned sharply negative into the weekend. U.S. spot Bitcoin ETFs logged about $558 million in net outflows on Friday (Nov 7)—the largest single‑day withdrawal since Aug. 1. Fidelity’s FBTC led with ~$257M out, ARKB saw ~$144M, and BlackRock’s IBIT shed ~$131M, marking seven red days in the last eight sessions. That exodus has weighed on price into Sunday. [2]
A brief respite preceded the selloff. On Thursday (Nov 6), dip‑buyers pushed ~$240M of net inflows into U.S. spot BTC ETFs, snapping a six‑day losing streak—only for redemptions to resume the very next day. [3]
Desk color points to a split market. CoinDesk’s weekend wrap highlighted a “market divided” dynamic—large holders (“whales”) distributing while smaller cohorts add on dips—consistent with the grinding pullback from October highs. [4]
Quiet tape, tight range. Exchange commentary mid‑morning (UTC) had BTC oscillating between ~$101.4K and ~$102.6K with majors mostly softer—typical for a crypto Sunday after an ETF‑driven Friday. [5]
Where Bitcoin stands vs. the recent trend
- Week: BTC is down roughly 8% over seven days as risk assets stumbled and ETF outflows stacked up. [6]
- Month: Roughly ‑10% over 30 days, paring gains from the late‑summer and early‑autumn peak near the record zone. [7]
- Big picture: After setting fresh all‑time highs earlier this year, BTC has spent the past few weeks consolidating below the highs as macro nerves, equity volatility and ETF flow swings alternately push and pull on price. Recent mainstream coverage has underscored the steep weekly slide and risk‑off tone across digital assets into the end of the week. [8]
Other majors today
- Ether (ETH): around $3,400–$3,420 at press time after losing the $3,400 support late in the week; sentiment is cautious following a quick dip and partial rebound. [9]
Key levels and the near‑term setup
- $100,000 remains the line in the sand for bulls. A sustained break below exposes the high‑$90Ks, while holding above keeps the door open to a re‑test of the low‑$100Ks first. Multiple weekend notes flag $90–95K as the next high‑volume demand area if $100K fails. Treat that as scenario analysis, not a guarantee. [10]
- Flows matter. Given the weight of ETF redemptions Friday versus the brief Thursday inflow, the next several trading days of ETF data will be crucial for directional follow‑through. [11]
Today’s news highlights (Nov 9)
- Flows & positioning: Largest one‑day ETF outflow since August caps the week; whales vs. smaller holders dynamic persists, keeping rallies contained. [12]
- Price context: BTC hovering ~ $101.6K with a tight Sunday range after the Friday flush.
What to watch next
- U.S. spot ETF flow prints (daily): Do redemptions persist or do dip‑buyers return? The tape has been tracking these prints tick‑for‑tick. [13]
- $100K psychological level: A clean hold would help stabilize sentiment; a loss risks a slide toward the mid‑$90Ks where prior demand clustered. [14]
- Cross‑asset tone: Crypto has been sensitive to equity volatility and macro headlines; calmer stocks have coincided with smaller crypto bounces late in the week. [15]
Bottom line
Bitcoin is marking time above $100K into Sunday after a week dominated by ETF outflows and risk‑off flows across crypto. The $100K area is the battleground; ETF flow momentum will likely decide whether bulls can build a base here or whether the market probes deeper support next. For now, conditions are range‑bound and headline‑driven. [16]
Methodology & sources: Real‑time spot pricing and ranges from market data feeds; market cap and multi‑period changes from CoinDesk price dashboards; U.S. spot ETF flow figures from The Block (via SoSoValue); additional context from CoinDesk market coverage and mainstream financial press. [17]
Disclaimer: This article is for informational purposes only and is not investment advice.
References
1. www.coindesk.com, 2. www.tradingview.com, 3. finance.yahoo.com, 4. www.coindesk.com, 5. www.binance.com, 6. www.coindesk.com, 7. www.coindesk.com, 8. www.coindesk.com, 9. www.coindesk.com, 10. ambcrypto.com, 11. www.tradingview.com, 12. www.tradingview.com, 13. www.tradingview.com, 14. ambcrypto.com, 15. www.coindesk.com, 16. www.tradingview.com, 17. www.coindesk.com


