Bitcoin stays near $74,000 as ETF outflows extend
In short
Bitcoin stayed near $74,000 after Tuesday’s hot inflation reading pushed the odds of a U.S. rate increase to around 90%. ETF outflows continued for a fourth day, and liquidations rose.
That matters because traders are watching rate expectations and fund flows, and bitcoin did not join the stock rebound.
What the reporting says
Bitcoin held near $74,000 as Tuesday’s hotter-than-expected inflation reading lifted the odds of a U.S. interest-rate increase to around 90%. The move left bitcoin lagging the stock rebound and kept traders focused on policy expectations and fund flows.
Why it matters
Bitcoin’s move near $74,000 came alongside a jump in rate-hike odds to around 90% after Tuesday’s inflation data, while ETF outflows continued for a fourth day and liquidations increased. That combination suggests pressure on crypto sentiment from macro expectations and fund redemptions.