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Bitcoin Faces Squeeze as Global Central Banks Tighten Simultaneously

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The Story

News Summary

  • Simultaneous tightening by the ECB, Federal Reserve, and Bank of Japan threatens risk assets like Bitcoin.
  • While carry-trade unwinds and high borrowing costs echo the 2006 correction, ongoing US spot ETF inflows may help cushion Bitcoin against severe downside volatility.
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BTCUSD price history

76011.71 +15.63% over the displayed period

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