Bitcoin $BTC Update: Bearish Pressure Continues as ETF Outflows and Rate-Hike Expectations Weigh on Market Sentiment
Current Price: $74,232.26
Market Outlook: Bearish 📉
Fundamentals & Market Flows:
Bitcoin remains under pressure as markets anticipate tighter monetary conditions. Although the Federal Reserve maintained interest rates at 3.75%–4.00% on October 28, expectations of a possible December rate hike are creating uncertainty. Higher-rate expectations could reduce investor appetite for riskier assets like $BTC
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