📣Crypto Flash: Bitcoin's price remains below $66,000, despite two modest rallies. The broader CoinDesk 20 Index is down by 0.7%, influenced by 10% declines in Bitcoin Cash and Litecoin. Bitcoin's rally in 2024 came mainly from mid-Feb to mid-March, with spot ETFs adding 5,000-13,000 Bitcoin each day. However, recent actions have seen significant Bitcoin sales at GBTC and slowed purchases into other ETFs. Bitcoin's price has dipped about 10% from a record of nearly $73,500 hit on March 12.

Strong economic indicators and higher inflation rates are challenging the case for easier monetary policy from the Fed, a potential catalyst for Bitcoin. The U.S. 10-year Treasury yield and the U.S. dollar are at their strongest levels, which could affect Bitcoin prices.

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