Bitcoin ETFs experienced significant outflows this week, with over $681 million withdrawn as investors brace for upcoming U.S. inflation data. The price of Bitcoin has dropped to $90,000, continuing its decline from a peak of $94,955 in January. BlackRock's IBIT alone saw $251 million in outflows on Friday, while other major ETFs like Grayscale and Ark Invest reported no activity. The outflows coincide with a softening U.S. labor market, as recent data showed the economy added only 55,000 jobs in December, below expectations. Investors are now focused on the upcoming Consumer Price Index (CPI) report, which could influence Federal Reserve policy on interest rates. Additionally, a Supreme Court decision on tariffs, expected on January 14, could further impact Bitcoin's market dynamics.