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    BITCOIN LEVEL

    Dollar gains traction as Fed speakers warn of risks from inflation

    The US dollar is holding onto gains following a stronger-than-expected inflation report. Federal Reserve comments indicate potential rate hikes to address ongoing inflation concerns. Market expectations are shifting, with traders anticipating a rate hike at the upcoming policy meeting. The yield on the US 10-year Treasury bond has also increased, reflecting market sentiments. Cryptocurrencies like bitcoin and ether are trading near three-month lows amidst these developments.

    Bitcoin price today: Why BTC USD fell near $73,000 after US CPI report and could it crash to $70,000 next?

    Bitcoin price today after CPI report: BTC USD slipped towards $73,000 after hotter-than-expected US inflation data revived fears of a bigger Federal Reserve rate hike in December. With Bitcoin funds seeing billions of dollars in withdrawals, traders are watching whether BTC can hold $73,000 or face another decline towards $70,000.

    Bitcoin drops below $75,000 as strong US jobs data and ETF outflows weigh on crypto markets

    The price of Bitcoin has recently fallen under $75,000, as strong US job data signals potential tightening of monetary policies. Trading at $74,796, Bitcoin is dealing with considerable strain from ETF outflows and liquidations. Analysts predict that regaining the $76,000 threshold could enhance its prospects. Additionally, Ethereum is under pressure, requiring a rise above $2,230 to gain any positive traction in the current volatile cryptocurrency market.

    Bitcoin price prediction: BTC USD could crash to $68,000 before recovery - here's what analysts expect

    Bitcoin price prediction: BTC USD is struggling to recover after briefly falling below $75,000, with analysts warning that another decline could come before a sustained rebound. While some see potential downside towards $73,400, a more bearish forecast points to $68,000. Spot Bitcoin ETF outflows have added to market pressure.

    Bitcoin-BTC, Ether Prices crash to lowest since August: Why are Cryptocurrencies down?

    Bitcoin-BTC, Ether and Cryptocurrencies were down after US midterm election results stoked fears that a Democratic Party-controlled US Congress will toughen regulation on the asset class.

    Nithin Kamath says speculative craziness brought more people into US markets: ‘Nothing expands markets like greed, FOMO

    Zerodha CEO Nithin Kamath highlighted the rapid transformation of US financial markets since COVID-19, driven by crypto, derivatives, NFTs and prediction markets. While speculative trading attracts new investors and expands financial participation, Kamath warned that easy access to high-risk investments could harm individuals and society.

    The Economic Times
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