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Wall Street Nov 10: Bitcoin Slips Toward $74,200 as Waller Backs a December Rate Hike Ahead of CPI
Bitcoin lost 1.3% since midnight on Tuesday and traded near $74,210, with an overnight low of $74,100, as traders raised bets on a Federal Reserve rate increase. The inflation report arrives at 13:30 UTC, and economists expect headline prices to have risen 0.3% in October with core up 0.2%, both cooler than September’s 0.6% and …
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About the author
Covers Bitcoin, on-chain data and market structure. Breaks down what the charts and wallet flows are actually saying, without the hype.
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