{"id":120856,"date":"2025-11-13T14:59:27","date_gmt":"2025-11-13T10:59:27","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=120856"},"modified":"2025-11-13T14:59:55","modified_gmt":"2025-11-13T10:59:55","slug":"bitcoin-slips-as-etf-outflows-persist-altcoins-eke-out-gains-on-shutdown-relief","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/bitcoin-slips-as-etf-outflows-persist-altcoins-eke-out-gains-on-shutdown-relief\/11\/13\/market-updates\/","title":{"rendered":"Bitcoin slips as ETF outflows persist; altcoins eke out gains on shutdown relief"},"content":{"rendered":"\n<p><\/p>\n\n\n\n<p>Bitcoin edged lower on Thursday, extending a subdued stretch as institutional demand remained tepid despite a modest improvement in global risk appetite following the end of the U.S. government shutdown.<\/p>\n\n\n\n<p>At 00:52 ET (05:52 GMT), Bitcoin fell <strong>0.6% to $102,775<\/strong>, lagging a mild recovery across major altcoins.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">ETF flows stay negative, damping momentum<\/h2>\n\n\n\n<p>Spot U.S. Bitcoin ETFs recorded about <strong>$278 million<\/strong> in net outflows on Wednesday and roughly <strong>$1.2 billion<\/strong> in the first week of November, leaving cumulative seven-day inflows (~$247 million) too small to offset late-October\/early-November redemptions. The withdrawal of institutional capital\u2014alongside a pause from corporate treasury buyers\u2014has choked off a key source of incremental demand and kept price rallies shallow.<\/p>\n\n\n\n<p>With volatility compressed and directional conviction weak, retail participation has also cooled. Price action has been capped <strong>below $110,000<\/strong> since early October, with Bitcoin spending most of November <strong>under $105,000<\/strong> and briefly dipping <strong>below $100,000<\/strong> earlier in the month.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Macro: shutdown ends, data return looms<\/h2>\n\n\n\n<p>Risk sentiment got a modest lift after President Donald Trump signed a funding bill that reopens the federal government through <strong>January 30<\/strong>, ending the record shutdown. While that reduces near-term macro uncertainty, it also restarts the flow of official U.S. data\u2014releases that could reframe growth and inflation views and sway rate expectations into December. (Trump has claimed the shutdown cost the economy $1.5 trillion; the ultimate impact remains contested.)<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Market breadth: altcoins firmer<\/h2>\n\n\n\n<p>Altcoins outperformed: <strong>Ether +2.6% to $3,530<\/strong>, <strong>XRP +4.8%<\/strong>; <strong>BNB<\/strong> and <strong>Cardano +~0.9%<\/strong> each, <strong>Solana<\/strong> flat. Among meme tokens, <strong>Dogecoin +2%<\/strong>, while <strong>$TRUMP<\/strong> was little changed.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Technical snapshot (BTC)<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Resistance:<\/strong> $106,000\u2013$110,000 (congestion\/failed break zone)<\/li>\n\n\n\n<li><strong>Supports:<\/strong> $102,500\u2013$103,000 initial; <strong>$100,000<\/strong> psychological; $98,500\u2013$99,000 secondary<\/li>\n\n\n\n<li><strong>Momentum:<\/strong> Daily RSI mid-40s; rallies likely to meet supply into $105k\u2013$107k without a shift in flows<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">What turns the tape<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Flows:<\/strong> Sustained ETF inflows or a thaw in corporate\/treasury demand<\/li>\n\n\n\n<li><strong>Macro:<\/strong> Softer U.S. inflation\/labor prints that ease real yields and support high-beta risk<\/li>\n\n\n\n<li><strong>Micro:<\/strong> Improving on-chain activity or exchange liquidity that narrows spreads and rebuilds depth<\/li>\n<\/ul>\n\n\n\n<p> With ETF outflows unresolved and liquidity thin, Bitcoin remains range-bound with a downside bias, while altcoins benefit selectively from a modest risk reset. A durable trend likely awaits a clear catalyst from either <strong>flows<\/strong> or <strong>macro data<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin edged lower on Thursday, extending a subdued stretch as institutional demand remained tepid despite a modest improvement in global risk appetite following the end of the U.S. government shutdown. At 00:52 ET (05:52 GMT), Bitcoin fell 0.6% to $102,775, lagging a mild recovery across major altcoins. ETF flows stay negative, damping momentum Spot U.S. &hellip;<\/p>\n","protected":false},"author":9,"featured_media":98301,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[40,6827,49,36],"tags":[],"class_list":["post-120856","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-cryptocurrencies","category-daily-economic-reports","category-economic-reports","category-market-updates"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/120856","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=120856"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/120856\/revisions"}],"predecessor-version":[{"id":120857,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/120856\/revisions\/120857"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/98301"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=120856"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=120856"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=120856"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}