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Bitcoin price eyes $74K as Fed rate-hike bets hit 96% after Waller speech

Bitcoin price eyes $74K as Fed rate-hike bets hit 96% after Waller speech
AI summary

Bitcoin price action and stock futures moved lower after Fed governor Christopher Waller said he would vote for a 0.25% rate hike at the December FOMC meeting. Market-implied odds of a hike rose to 96%, and BTC is now eyeing $74K as support. Traders care because tighter Fed policy drains liquidity from risk assets, pressuring crypto prices.

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