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Spot Bitcoin ETFs draw 424 million dollars over three sessions as prediction markets price a December Fed hike at 79 percent, UToday reports
- Spot Bitcoin ETFs draw 424 million dollars over three sessions as prediction markets price a December Fed hike at 79 percent, UToday reports — UToday reports US spot Bitcoin ETFs took in about 424 million dollars over three consecutive sessions, including 137.3 million dollars on October 28, while Bitcoin traded near 79,899 dollars after failing to hold above 80,000 dollars following the Federal Reserve's divided decision to hold rates at 3.75 to 4.00 percent. Prediction markets put the chance of a December rate hike at 79 percent, and Deribit's October 30 monthly options expiry covers about 135,700 BTC worth roughly 10.8 billion dollars. (UToday)
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