Bitcoin Price Recovers Above Key Level Despite Record ETF Outflows
The post Bitcoin Price Recovers Above Key Level Despite Record ETF Outflows appeared on BitcoinEthereumNews.com.
The Bitcoin price reversal gained traction as buyers reversed a bearish breakdown from yearly support. The BTC rebound gained momentum after the dovish Fed signals hinting at a 25 bps cut at the December meeting. Last week, the U.S.-based spot Bitcoin ETFs recorded a net weekly outflow of $1.22 billion. Since last weekend, the Bitcoin price has shown a notable recovery, reclaiming its $88,000. The buying pressure can be attributed to dovish comments from U.S. Federal Reserve officials, which raised the market’s anticipation for a potential rate cut in December. This relief rally is gradually gaining momentum and heading for key resistances to check sustainability. Will the BTC upswing shift into a renewed recovery trend?. Record ETF Outflows Cast Shadow Over Bitcoin Price Recovery Over the past four days, the Bitcoin price showed a bullish rebound from $80,537 to the current trading price of $88,942, registering a 10.42%. This upswing was triggered as Fed officials stated a dovish stance for a 25 basis point rate cut at the December 9-10 FOMC meeting. Key comments came from New York Fed President John Williams, who suggested “room for further adjustment” toward a neutral policy stance, and Fed Governor Christopher Waller, who expressed support for a December cut amid cooling inflation data. While Bitcoin is trying to claw back losses, market focus has shifted to the heaviest outflow streak ever witnessed in BlackRock’s iShares Bitcoin Trust (IBIT). Through last Friday, about $2.2 billion left the fund in November alone, a drastic turnaround from the steady inflows that characterized the fund’s first 10 months. The move led to crypto enthusiast Walter Bloomberg pointing out that “Investors are pulling cash out of BlackRock’s iShares Bitcoin Trust ETF at the fastest rate ever, with $2.2 billion leaving in November through Friday.” Bitcoin itself is down about…
Filed under: News - @ November 24, 2025 10:28 pm