Bitcoin Today 09/01/2025: BTC Trades Below $94K as ETFs Hit Outflow Milestone

The price of Bitcoin Today, 09/01/2025, is showing a notable pullback amid the broader cryptocurrency market crash that began this week. Yesterday, the asset traded above $95, but saw its gains evaporate and reach the $92 level. The cryptocurrency market began a sharp pullback on Tuesday after Bitcoin unexpectedly fell below $100, triggering intense liquidations.

Bitcoin's move comes amid substantial withdrawals from BTC and ETH-based exchange-traded funds (ETFs) trading in the US market on January 8, amid macroeconomic uncertainties in the country contributing to the shift in investor sentiment.

Bitcoin ETFs saw a combined outflow of $582 million, marking a historic trading milestone. The amount is the second-highest total since trading began a year ago, according to the data from the SoSoValue platform. The largest outflow was recorded on December 19, when an impressive US$680 million was withdrawn.

At the time of publication, the price of Bitcoin was quoted at US$ 93.341,36 with a decrease of 1.3% in the last 24 hours, equivalent to approximately R$ 576,000.84 BRL and € 92,261.36 EUR. In its weekly development, the price of the asset showed a retraction of 2.9%.

In the same vein, following Bitcoin’s recent move, most major cryptocurrencies are seeing significant price drops in the last 24 hours. Ethereum is trading at $3.301,36 with an 1.4% drop in its price. XRP is trading at $2,30 with a 0.9% drop. Cardano is priced at $0,9092 after recording a 7.5% drop. Solana is down 2.3% and is trading at $191,13.

Few cryptocurrencies are trading in the green today, with SUI, LEO, LTC seeing gains of over 1%. Maker (MKR) token is seeing the biggest gain amid the market bloodbath, registering a 3.6% increase in the last 24 hours.