Bitcoin Hits 12-Week Low as Fed Rate Fears Undo Most of Summer Rally

मुख्य बातें

• Bitcoin has dropped to a twelve-week low, returning to price levels previously seen in August.
• The market downturn comes as persistent inflation concerns and increasing expectations of another interest rate hike by the Federal Reserve weigh on digital asset valuations.
• Additionally, ongoing spot ETF withdrawals continue to add downside pressure, reversing most of the summer rally.

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