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Bitcoin and Stocks Decline Amid ETF Outflows and Fed Rate Hike Expectations

Bitcoin and other stocks declined on November 10, driven by outflows from ETFs and expectations of a Fed rate hike. The price of Bitcoin is expected to reach $74,000, influenced by comments from a speech by a Federal Reserve official. Additionally, HIVE reported a $79 million quarterly net loss, with bitcoin mining revenue falling and AI business growing.

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Bitcoin and Stocks Decline Amid ETF Outflows and Fed Rate Hike Expecta · Coin News Pot