Macro headwinds are weighing heavily on digital assets: following another hot U.S. CPI print (+0.4% overall), expectations for a December Fed rate hike are climbing—pushing $BTC below $70k.
Meanwhile, institutional demand has pulled back, with U.S. spot Bitcoin ETFs recording over $2.5 billion in net outflows since Oct 30. Watching key support levels closely.
Meanwhile, institutional demand has pulled back, with U.S. spot Bitcoin ETFs recording over $2.5 billion in net outflows since Oct 30. Watching key support levels closely.