Bitcoin fell 3.00% to USD 75,638 as Senate procedure risk and broad deleveraging hit crypto; BTC derivatives liquidations reached USD 224.81 million.

Spot Bitcoin ETFs recorded $463M in single-day net outflows, marking a sizable recent pullback in investor funds. International oil prices moved above $100 a barrel, with both Brent and WTI trading at elevated levels. The report cites Markus Levin, who discussed how macro uncertainty tied to higher oil prices could shape what comes next for the bitcoin market.

From Sep. 8 to 11, BTC ETFs recorded net outflows of $482.5M, with ARKB accounting for nearly half and IBIT shifting from the prior week’s largest inflow to a small net outflow. Over the same period, ETH ETFs saw net inflows of $139.7M, including a $198.1M one-day inflow on Sep. 11, the largest daily intake since Aug. 27. Combined flows swung to a net outflow of $342.8M versus a $1.10B net inflow the week before.

A U.S. core CPI reading at a 66-month low triggered sharp volatility across crypto markets. Within 60 minutes of the data release, Bitcoin surged more than 4.5% to break above $79,000. Ethereum rallied more than 8% over the same window, reaching $2,640 for the first time in seven months. Both assets moved higher immediately after the inflation data hit.

Crypto market maker Wintermute said bitcoin has shown notable resilience in the current market environment. Reports indicate traditional stock investors are rotating capital out of equities and into bitcoin, reflecting growing confidence among institutional and retail money in BTC as an alternative asset. The shift comes amid macroeconomic uncertainty and underscores signs of bitcoin decoupling from equities while reinforcing its perceived safe-haven role.

More than 116,000 ETH were withdrawn from exchanges over a 48-hour period, worth nearly $300 million. Exchange-held ETH supply has contracted sharply, reducing readily tradable circulation. Some market participants view the large-scale withdrawals as an early signal of a potentially significant price move.

The U.S. Labor Department’s latest jobs report showed nonfarm payrolls rose by 162,000 in September, far above market expectations. The stronger labor data quickly jolted markets, sharply splitting expectations for the Federal Reserve’s next rate path into a 50/50 balance between rate cuts and keeping rates high. Risk assets broadly came under pressure, and bitcoin slid during the session below the key psychological level of $80,000.

U.S. labor market data came in stronger than expected, adding to speculation and uncertainty over the Federal Reserve’s future interest-rate path. Risk assets broadly came under pressure on the macro backdrop. Bitcoin fell, underscoring crypto markets’ concern that a high-rate environment could persist.