Bitcoin has crashed below $70,000 for the first time since August, with more than $1.64 billion in leveraged bets wiped out in a single day. The world's biggest cryptocurrency fell to around $67,500, its lowest level since August 19, before recovering slightly. Ether slid to around $1,900, its lowest since August 18, while Solana slipped below $80. Traders now see an almost 90 percent chance of a Federal Reserve rate rise in December, after October inflation came in hotter than expected. US spot bitcoin funds have now seen six straight days of outflows. This is a news report, not financial advice.
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