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Bitcoin sits out stock rebound as ETF outflows extend to fourth day

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CoinDesk
By Oliver Knight
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Bitcoin sits out stock rebound as ETF outflows extend to fourth day
Photo / Coverage: CoinDeskCredit: Oliver Knight
EXECUTIVE SUMMARY

Bitcoin held steady near $74,000 as Tuesday's hot inflation figure lifted the odds on a U.S. interest-rate increase to around 90%. ETF outflows extended to a fourth day and liquidations jumped.

Key Takeaways

  • Bitcoin sits out stock rebound as ETF outflows extend to fourth day.
  • Bitcoin held steady near $74,000 as Tuesday's hot inflation figure lifted the odds on a U.S.
  • interest-rate increase to around 90%.

Bitcoin held steady near $74,000 as Tuesday's hot inflation figure lifted the odds on a U.S. interest-rate increase to around 90%. ETF outflows extended to a fourth day and liquidations jumped.

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