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Bitcoin, Ethereum, XRP, Dogecoin Pull Back 2% As Markets Await Fed Rate Decision
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Bitcoin, Ethereum, XRP, Dogecoin Pull Back 2% As Markets Await Fed Rate Decision

Crypto Benzinga ✦ xCruzoAi 🇺🇸🇪🇸
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— Ai Summary —

Bitcoin and cryptocurrencies pulled back about 2% as traders awaited the Federal Reserve’s policy decision. Bitcoin remains above $65,000 while markets absorbed a hawkish Bank of Japan rate hike that tightened global liquidity. Notable metrics show 100,849 traders liquidated in the past 24 hours for $411.24 million, with spot Bitcoin ETFs posting $64.09 million in net outflows and Ethereum ETFs $22.5 million in net inflows. Analysts describe a consolidation phase with a potential breakout; Charting Guy sees BTC moving toward the May high near $83,000. Daan Crypto Trades expects several weeks of range-bound trading as summer liquidity wanes.

AI-generated summary • Source: Benzinga • Read the full article for complete information.
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