Bitcoin dropped to about $73,700 on Monday, November 9, its lowest price in roughly two months. It just closed its fifth losing week in a row, US spot Bitcoin ETFs saw their biggest weekly outflow in about four months, and more than $1 billion in leveraged bets were wiped out as prices slid.
Published November 9, 2026, morning ET. Prices move fast; numbers are approximate.
The numbers
| Monday low | About $73,700, lowest in about two months |
| Recent high | About $80,900 |
| Weekly close | About $74,750 (Coinbase), fifth red week in a row |
| ETF outflows | About $1.28 billion from US spot Bitcoin ETFs, Nov 2-6 |
| Liquidations | More than $1 billion across crypto |
| 200-day average | About $73,170, the next level traders are watching |
Why is Bitcoin falling?
- Money leaving the ETFs. Big investors pulled about $1.28 billion out of spot Bitcoin funds last week, the most in about four months.
- Forced selling. Traders who borrowed to bet on higher prices got liquidated as Bitcoin fell, which pushed it lower still.
- Tech stocks are shaky too. The Nasdaq fell into a correction last week, and Nvidia is under pressure after its board opened an investigation into CEO Jensen Huang. Crypto has been moving with tech.
- Waiting on Washington. Delays on new US crypto rules have kept some big investors on the sidelines.
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What to watch
- The 200-day average around $73,170. Many traders treat it as a line in the sand.
- US inflation data (CPI) later this week.
- Whether ETF money keeps leaving or turns around.
We covered the mood a few days ago in Bitcoin in Extreme Fear. Since then the price has slipped a bit further.
Thinking long term instead of day to day? The Bitcoin Standard is a popular read on why people hold Bitcoin through drops like this.
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FAQ
How low did Bitcoin go on November 9, 2026?
About $73,700, its lowest in roughly two months.
Why is Bitcoin down?
ETF outflows, over $1 billion in liquidations, weak tech stocks and delays on US crypto rules.
How many weeks has Bitcoin fallen?
Five weekly closes in a row.
This is news, not financial advice.
Sources
- crypto.news: Bitcoin price drops toward $74K as liquidations top $1 billion crypto.news
- Sunday Guardian: Bitcoin price today, November 9, 2026 sundayguardianlive.com
- CryptoTicker: Bitcoin price and the 200-day average cryptoticker.io
- KuCoin: Crypto daily market report, November 9, 2026 kucoin.com
Written by the WIZY creator
A lifelong gamer and Warhammer painter from Calgary, Canada, and the maker of the Crusade Journal and the WIZY RPG game. I write about games, hardware, Warhammer and crypto in plain English, and I check every fact against its source.
