Bitcoin stabilized around $76,100 on Saturday after losing roughly 5.2% the previous day amid tech-stock selling and concerns about artificial intelligence spending. U.S. spot Bitcoin ETFs recorded $411.9 million in net outflows on Friday, including about $403 million from BlackRock’s IBIT, while November withdrawals reached $1.28 billion. The decline was also amplified by more than $1.27 billion in liquidations across derivatives markets, including over $1.1 billion in long positions. Institutional investors remain on the sidelines, making $73,000 on the downside and $78,500 to $80,000 on the upside the key levels to watch. Other cryptocurrencies moved modestly, with Ethereum up 0.95% and XRP down 0.82%.
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