🔴 Bitcoin fell below $69,000 for the first time since mid-August, reaching its 200-week moving average at around $67,975. 📌 BeInCrypto lists five factors putting pressure on the market: the likelihood of rate hikes following high inflation figures, Strategy's exclusion from MSCI, $1.44 billion in ETF outflows, $1.65 billion in liquidations, and a changed U.S. Congress. How have rate hike expectations and ETF outflows changed the way you manage your P2P desk or spreads this week? 👇 #bitcoin #etf #fed #liquidations #strategy

🔴 Bitcoin fell below $69,000 for the first time since mid-August, reaching its 200-week moving average at around $67,975. 📌 BeInCrypto lists five factors putting pressure on the market: the likelihood of rate hikes following high inflation figures, Strategy's exclusion from MSCI, $1.44 billion in ETF outflows, $1.65 billion in liquidations, and a changed U.S. Congress.

How have rate hike expectations and ETF outflows changed the way you manage your P2P desk or spreads this week? 👇

#bitcoin #etf #fed #liquidations #strategy