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Bitcoin slips under $70K
Bitcoin fell 6.3% to $69,101.10, its lowest level in nearly three months, slipping below $70,000 for the first time since mid-August. The decline came amid expectations that the Federal Reserve would raise interest rates by 25 to 50 basis points in December, after October inflation exceeded forecasts, and concerns that Strategy could be dropped from MSCI indexes. Caution also grew over a possible tightening of U.S. regulations on cryptocurrencies.
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