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US100 Tumbles and BTCUSD Stalls as Inflation Fears and ETF Outflows Mount

Cointelegraph Read original source (opens in a new tab)
The Story

News Summary

  • Rising oil prices and producer inflation have heightened fears of a tighter Fed monetary policy.
  • The Nasdaq 100 has faced significant losses, while Bitcoin struggles to act as a hedge, witnessing massive ETF outflows and a lack of bullish leverage demand amid growing economic uncertainty.
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BTCUSD price history

76884.87 +14.76% over the displayed period

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