In a nutshell: Regan Capital: Inflation and employment support expectations for a Fed rate hike in December
$BTC 74590.2, 24h -0.31%, 24h trading volume 981 million.
This negative news may prompt some investors to exit first. Whether they return later depends on market movements. Statistically, reactions to similar news are not always the same, so don’t assume past experience will apply. If you had to describe this news in just two words, what would you choose?

Just my personal opinion, and I may be wrong. Please consider it rationally.