Crypto market falls and Treasury yields rise amid inflation concerns
BTC Grayscale Bitcoin Mini Trust ETF
$32.58 -1.42%
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- 1The crypto market declined following higher-than-expected inflation data.
- 2Bitcoin prices fell 1.83% to record 73,874.38 dollars.
- 3Net outflows for US spot Bitcoin ETFs reached 1.5 billion dollars since November 2.
So what's the key point?
Crypto prices dropped because inflation rose more than expected. Bitcoin fell 1.83% as investment funds were withdrawn.
Source MarketWatch +3 · View original ↗
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