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    CRYPTO WITHDRAWAL

    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 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 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 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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