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KuCoin Daily Market Watch: Inflation Pressures Crypto Markets
KuCoin's daily market watch shows crypto markets weakening due to inflation pressures. BTC fell 2.06% to $73,804.10, while ETH dropped 3.83% to $2,053.36. The market is facing regulatory scrutiny, with Polymarket reporting annualized revenue of $1.8B and the CFTC investigating Kalshi over regulatory filing requirements. The market is bearish, with resistance at $74.5K and support at $72.7K.