Why is Bitcoin price stuck below $75,000?

Why is Bitcoin price stuck below $75,000?

Bitcoin has struggled to reclaim $75,000 as continued withdrawals from US spot exchange-traded funds, weak buying demand and uncertainty over the Federal Reserve’s next interest rate decision have kept the cryptocurrency under pressure. According to CoinGecko data, Bitcoin was trading…

Bitcoin stalls below $75,000 as ETF outflows build ahead of U.S. CPI print - CryptoGazette

Bitcoin trades near $74,200 below $75,000 as ETF demand fades and traders price a Fed December hike ahead of the U.S. CPI report at 13:30 UTC.

Bitcoin Stuck Below $75,000 While S&P 500 Posts Best Day in Months

TLDR Bitcoin stayed below $75,000 even as US stocks posted their best day in months. The S&P 500 rose 2.35% and the Nasdaq gained 2.74% on November 9. US spot Bitcoin ETFs saw about $1.28 billion in net outflows from November 2 to 6. Peter Schiff repeated his warning that a Bitcoin crash could be [...]