Bitcoin moved closer to $74,000 on Tuesday after Federal Reserve Governor Christopher Waller defended a rate increase at the meeting on December 8-9. Waller favors a 25-basis-point increase and said a 50-basis-point hike should be considered if core inflation rises by at least 0.3% month over month. U.S. stock futures also declined amid broader risk aversion. Markets now assign roughly a 97% probability to a 25-basis-point December increase, while the 50-basis-point scenario remains largely unpriced.
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