Bitcoin price today: BTC slips under $90,000 as ETF outflows mount ahead of Fed
NEW YORK, Jan 23, 2026, 06:29 EST — Premarket Bitcoin dipped under $90,000 on Friday, dropping 0.8% to $89,140 in early New York trading, unable to sustain a brief rally from overnight. Money continues to drain from U.S.-listed spot bitcoin exchange-traded funds—those that hold bitcoin and trade like stocks. According to Farside Investors data, net outflows hit roughly $708.7 million on Wednesday, followed by $32.2 million on Thursday. (Farside) This is significant since ETF flows offer a quick route for large investors to adjust their exposure, and prices can jump sharply on thin liquidity outside U.S. trading hours. The selling