Bitcoin's price hovered around $76,000 on November 9, after briefly hitting a new high of $77,270. The market was buzzing with activity, but some traders were wary of "spoofing" tactics, where large orders are placed and then removed to manipulate prices. Despite hitting new highs, Bitcoin's performance seemed lackluster to some, with less aggressive upward movement than in past record-breaking moments.

Meanwhile, Bitcoin ETFs saw a dip in inflows, with $293 million on November 8, down from over $1 billion the previous day. Analysts remain optimistic about long-term growth, citing increasing global adoption and interest from U.S. states and retirement funds.