Bitcoin remained under pressure on Monday, November 9, after briefly falling below $74,000, as heavy institutional withdrawals and uncertainty over US cryptocurrency regulation overshadowed a recovery in global equity markets.

Ethereum and other major cryptocurrencies suffered steeper losses, extending last week’s decline despite improving sentiment toward technology stocks.

Price overview

During Monday’s trading, Bitcoin recovered toward $75,000 after touching an intraday low near $73,470.

Ethereum traded near $2,135, down approximately 4.8%, while Solana traded around $87 and XRP near $1.10.

Bitcoin remained roughly 7% below Wednesday’s high above $81,000.

ETF withdrawals weigh on sentiment

US spot Bitcoin exchange-traded…