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Bitcoin Coinbase Premium Hits One-Month Low Amid Weak US Demand

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Bitcoin's Coinbase premium has fallen to its lowest level in a month, signaling weakening demand from US-based investors. A legislative setback for the Clarity Act has added to market uncertainty surrounding cryptocurrency regulation. Expectations of a potential Federal Reserve interest rate hike have further dampened investor sentiment. Together, these factors are exerting downward pressure on Bitcoin's price momentum in the US market.

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Bitcoin Coinbase Premium Hits One-Month Low Amid Weak US Demand · ShortSingh