Bitcoin drops below $90k as tech stocks face weak outlook

Bitcoin dropped below US$90,000 on December 11, falling 2.5% to US$90,056.2, as cryptocurrencies faced renewed selling.

Ether slid 4.3% to US$3,196.6, erasing gains from earlier in the week.

The declines followed weaker outlooks from US tech stocks after Oracle missed profit and revenue forecasts, and flagged increased spending on AI infrastructure.

Asian stocks also fell, and futures pointed to lower openings in Europe and the US.

Analysts said the cryptocurrency market has not yet recovered from volatility seen since an October selloff.

Standard Chartered cut its year-end 2025 bitcoin price forecast from US$200,000 to US$100,000, citing reduced buying from digital asset companies, and expecting future gains to depend mainly on ETF inflows.

🔗 Source: Reuters

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Standard Chartered trims view amid ETF outflows; YTD flows positive

Standard Chartered cut its price view as exchange-traded fund (ETF) data logged $3.4 billion in net outflows in the past month. BlackRock’s iShares Bitcoin Trust (IBIT), a spot Bitcoin ETF, lost $2.17 billion since November 4 1.
Year-to-date (YTD) flows are positive at $22.3 billion across all spot Bitcoin ETFs (funds that hold bitcoin directly rather than futures), while IBIT leads with $25.3 billion in total inflows 1.
Withdrawals peaked on November 13 at $866.7 million in a day, and bitcoin fell 13.6% during that November stretch 1.
Charles Schwab, a major U.S. brokerage, tied the swings to risk-off sentiment (investors reducing exposure to risk assets) before inflation data and Federal Reserve decisions 1.
A brief rebound on November 21 brought $238.4 million in inflows, which hinted dip buyers stepped in 1.

Real-time ETF flow tools open API options

Coin Metrics, a blockchain data analytics firm, launched ETF On-Chain Insights to track ETF inflows and outflows plus on-chain holdings (assets custodied on public blockchains) 2.
COINGLASS, a crypto market data platform, offers real-time Bitcoin ETF status and historical flows via API 3 4.
Fintech firms and trading platforms can embed dashboards and alerts to set products apart as ETF flows sway market narratives.
Media outlets covering crypto can license these APIs to add live ETF flow visuals, which can lift engagement in volatile periods.
Asset managers could build custom alerts with these APIs to adjust Bitcoin exposure automatically when daily flows cross thresholds.