Bitcoin Dips Below $102K as ETF Outflows Shake Market
Crypto markets tumbled this week after major spot Bitcoin ETFs reported substantial outflows. As of November 7, 2025, Bitcoin slipped below the $102,000 level—a psychological support that had previously held through October's choppy markets. According to data from on-chain analytics and ETF monitors, more than $190 million exited U.S. spot Bitcoin ETF products in a single session, raising concerns about institutional demand and broader market sentiment.
Macro Uncertainty and Trading Volumes
Other macroeconomic factors continue to unsettle traders. The U.S. Federal Reserve's ambiguous stance on rate directions has pushed more volatility into digital assets. Crypto day traders and long-term investors alike are watching the Fear & Greed Index, which plummeted to 20 after the drop, signaling fresh risk-off behavior across exchanges. Nevertheless, 24-hour trading volume spiked above $290 billion, showing that market participation—while cautious—remains robust.
Outlook for November: Relief Rally or More Pain?
Despite the downturn, analysts are not entirely pessimistic. Historically, November has seen green closes for Bitcoin in 14 out of the last 15 years—even after steep drawdowns. If Bitcoin finds firm support above $100,000 and ETF outflows stabilize, bulls may find footing for a year-end rally. However, the next few sessions will be pivotal, as whales assess buying zones and institutional inflows or outflows continue to drive sentiment across the crypto sector.
