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via coindesk.comEconomy

Bitcoin holds near $74,000 as ETF outflows extend to a fourth day

FROM THE WIRE · COINDESK.COM

Bitcoin held steady near $74,000 as Tuesday's hot inflation figure lifted the odds on a U.S. interest-rate increase to around 90%. ETF outflows extended to a fourth day and liquidations jumped.

Read at the source ↗
MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishA hot inflation print raises odds of a US rate hike, pressuring risk assets like bitcoin.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Bitcoin held steady near $74,000.
  2. 02Tuesday's hot inflation figure lifted odds of a US rate hike to around 90%.
  3. 03ETF outflows extended to a fourth day and liquidations jumped.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
BitcoinBTCUSDCrypto73,947.88 USD-0.13%today +0.31%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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