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Bitcoin Slips Below $77K as Traders Brace for Looming Fed Rate Hike

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The Story

News Summary

  • Bitcoin dropped below $77,000 as markets priced in a 92% chance of a Federal Reserve interest rate hike on Wednesday.
  • Retail sentiment remains extremely bearish as crypto faces potential renewed monetary tightening, though some analysts argue a hike would constitute a policy error.
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BTCUSD price history

75867.49 +15.41% over the displayed period

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