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Bitcoin Hits 12-Week Low as Fed Rate Fears Undo Most of Summer Rally

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Decrypt
By Jose Antonio Lanz
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Bitcoin Hits 12-Week Low as Fed Rate Fears Undo Most of Summer Rally
Photo / Coverage: DecryptCredit: Jose Antonio Lanz
EXECUTIVE SUMMARY

Bitcoin is back near August levels as persistent inflation, growing expectations of another interest-rate hike and ETF withdrawals pressure prices.

Key Takeaways

  • Bitcoin Hits 12-Week Low as Fed Rate Fears Undo Most of Summer Rally.
  • Bitcoin is back near August levels as persistent inflation, growing expectations of another interest-rate hike and ETF withdrawals pressure prices.
  • Bitcoin is back near August levels as persistent inflation, growing expectations of another interest-rate hike and ETF withdrawals pressure prices.

Bitcoin is back near August levels as persistent inflation, growing expectations of another interest-rate hike and ETF withdrawals pressure prices.

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Published originally on Decrypt

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Bitcoin Hits 12-Week Low as Fed Rate Fears Undo Most of Summer Rally
Decrypt
Bitcoin Hits 12-Week Low as Fed Rate Fears Undo Most of Summer Rally

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