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Bitcoin fell 1% to $74,123.1 as selling pressure returned amid concerns about tighter cryptocurrency oversight in the United States. The decline followed a 0.4% rise in U.S. inflation in October and a 0.3% increase in the core index, reinforcing expectations of an interest-rate hike. It also came alongside $201 million in outflows from Bitcoin ETFs on Monday and more than $1.2 billion in outflows over the previous week. Losses spread to other major cryptocurrencies, with Ethereum down 2.3%, XRP 3.4%, and Solana more than 3%.
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