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Commodities & currencyEconomic Times

Bitcoin near $67,000 as dollar strengthens

Negative-32

GreyOak summary

Bitcoin traded near $67,120, down 1% in 24 hours, while Ethereum fell 0.3%. Major altcoins like BNB and Solana corrected up to 3.6%, though Tron rose 0.5%. The decline was driven by a stronger US dollar, fears of Fed tightening, and $1.01 billion in US spot Bitcoin ETF outflows. Global crypto market cap dropped 2.1% to $2.36 trillion.

What it affects

  • BitcoinNegative -32

    Down 1% to near $67,120.Rolling sentiment Negative -23

Source

Read the original at Economic Times

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