Bitcoin briefly drops to $67,500, its lowest since August, as the dollar holds a 19-month high
MARKETSFederal Reservecoinbrief/daily · 1 source
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What happened
The price of bitcoin briefly fell to about $67,500 overnight, its lowest level since mid-August, before recovering to around $69,800. Investors are worried that interest rates may rise in the United States, which makes riskier assets like bitcoin less attractive.
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What to do
- Keep an eye on daily spot bitcoin ETF flows, which have been negative for six straight days.
Written by AI from the sources, checked against them
Full story timeline · 1 update
Who reported · 1 outlet
Bitcoin Magazine
Who and what is in it
Government agencies