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Bitcoin Drops 4% to $35K Despite Soaring Tradfi Markets, But Analysts Remain Optimistic

An unexpected slowdown in inflation sent stock and bond markets sharply higher, but crypto was left out, possibly due to declining enthusiasm about the imminent approval of a spot bitcoin ETF.

Updated Mar 8, 2024, 5:12 p.m. Published Nov 14, 2023, 9:00 p.m.
Bitcoin price on Nov. 14 (CoinDesk)
Bitcoin price on Nov. 14 (CoinDesk)