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    Bitcoin slips below $74,000, Ethereum falls to $2,053 as US inflation, rising Treasury yields and ETF outflows weigh on crypto markets

    Bitcoin and Ethereum declined as hotter-than-expected US inflation, rising Treasury yields and institutional ETF outflows pressured cryptocurrency markets. Analysts highlighted crucial support levels, weakening momentum and monetary policy concerns, while investors awaited further inflation signals and potential market stabilisation.

    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 trades near $75,000 as ETF outflows and US monetary tightening fears weigh on crypto sentiment

    Bitcoin's value hovers around $75,000 as ETF outflows take a toll on investor confidence. Similarly, Ethereum struggles near $2,140 after falling past vital support thresholds. Emerging data shows a notable decline in institutional investment in both cryptocurrencies. Analysts stress that identifying the next pivotal support levels for Bitcoin and Ethereum is crucial for their potential rebound. Overall, the crypto market is now valued at $2.53 trillion, reflecting these shifts.

    Bitcoin trades near $76K, Ethereum at $2,240 as tech selloff, strong US jobs data weigh on crypto markets

    Bitcoin hovered near $76,000 and Ethereum around $2,240 as technology stock weakness, AI spending concerns and US crypto legislation uncertainty weighed on sentiment. Despite modest daily gains, major cryptocurrencies remained under weekly pressure, with ETF outflows, macroeconomic data and market volatility influencing investor appetite.

    Bitcoin falls over 5% in a day to $76,000 as US tech and AI stock selloff triggers fresh crypto market weakness

    Bitcoin plunged over 5% to $76,006 as weakness in US technology stocks triggered widespread crypto selling. More than $1.1 billion in leveraged positions were liquidated, intensifying bearish sentiment across major cryptocurrencies.

    Bitcoin nears $80,300, Ethereum trades at $2,400 as crypto market rebounds after US midterm volatility

    Bitcoin rebounded above $80,000, while Ethereum climbed to $2,417 amid improving market sentiment following US midterm elections. The global crypto market capitalisation rose 2.32% to $2.69 trillion, supported by short liquidations and renewed buying interest.

    The Economic Times
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