Bitcoin Hovers Near $75,000 Amid Markets Waiting for US Inflation Data
Bitcoin traded near $75,000 following recent liquidations as broader markets braced for an upcoming U.S. inflation report.
Bitcoin remained near the $75,000 level following a series of recent market liquidations. Meanwhile, traditional U.S. stocks experienced a rally as oil prices declined.
Investors are now turning their attention to the upcoming U.S. inflation report scheduled for Tuesday. The data is expected to influence market expectations regarding a potential Federal Reserve rate hike in December.
Original report: Decrypt ↗
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