Bitcoin couldn't hold its ground above $74,500 on Thursday and slipped back to the $73,600 to $73,800 range.
Investors are feeling cautious thanks to rising US inflation and talk of a possible Federal Reserve rate hike.
Ethereum is also moving carefully around $2,050 as the whole crypto market faces mixed signals.
US spot Bitcoin ETFs lose $1.58B
With US inflation on the rise, many expect a Fed rate hike in December, making dollars more attractive and risky assets like crypto less appealing.
Vikram Subburaj, CEO of Giottus, notes Bitcoin is now below a key price level ($75,600), which isn't helping confidence.
Plus, US spot Bitcoin ETFs saw $1.58 billion pulled out recently, a sign that big investors are holding back for now.