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Bitcoin Flat Near $74,000 as ETF Outflows Hit Fourth Straight Day

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Bitcoin remained steady around $74,000 even as U.S. stocks rebounded. A hotter-than-expected inflation reading on Tuesday pushed the probability of a U.S. interest-rate hike to roughly 90%. Outflows from bitcoin exchange-traded funds continued for a fourth consecutive day. Liquidations of leveraged crypto positions also rose sharply over the same period.

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