Bitcoin was trading around $74,600 on Tuesday morning, down 0.3% over 24 hours after losing the $75,000 level and touching $73,761 on Sunday evening. Markets are awaiting the U.S. Consumer Price Index at 2:30 P.M., with consensus estimates of a 0.3% monthly increase and a 3.9% annual rise, figures that could strengthen the dollar and interest rates and pull bitcoin back toward $73,150. Futures markets assign an 85% probability to a 25-basis-point rate increase by the Federal Reserve in December, while spot ETFs recorded $1.28 billion in outflows last week. MARA sold 13,597 bitcoins to repay $750 million in loans, while Strategy bought 1,036 bitcoins at an average price of $79,012, above its $75,456 cost basis. The $73,000 to $74,000 zone is the last line of defense before $68,000, and a lasting recovery would require genuine buyers, positive ETF flows and a less restrictive monetary policy.
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