CoinScoopBitcoin Slips Below $76,500 as Central Banks Tighten Policy
Bitcoin is trading around $76,500 as global central bank tightening weighs on risk assets. Spot Bitcoin ETFs saw $746 million in outflows over 48 hours, with significant exits from BlackRock's IBIT and Fidelity's FBTC. The Federal Reserve raised rates by 25 basis points to 3.75-4.00% on Wednesday, and the Bank of Japan followed on Friday by raising its rate to 1.25%, the highest level since 1995.
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