Bitcoin eyes $74K as Fed rate hike bets hit 96%

- Bitcoin (BTC) is heading toward $74,000 as bets on a Fed rate hike reach 96%.
- Fed Governor Christopher Waller said he would vote for a 0.25% rate hike at the December FOMC meeting.
- Market reaction: Bitcoin prices and stock futures trended lower following the news.
- Macroeconomic factor: The prospect of further rate hikes continues to weigh on risk assets, including cryptocurrencies.

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Source: CoinTelegraph