Bitcoin fell to $79,330 overnight from Sunday to Monday before edging back to $80,050, after another drop below that threshold on Saturday. Investors are reducing exposure ahead of the Federal Reserve’s decisions, with markets now pricing a rate hike as less likely, although futures still assign a 67.5% probability of an increase at the December 9 meeting. U.S. spot bitcoin ETFs recorded $301.2 million in net inflows over five sessions, despite $773.5 million in outflows on Thursday and Friday. Nearly $547 million in leveraged positions were liquidated in 24 hours, while oil near $115 and rising Treasury yields add pressure, with a decline toward $78,000 threatening a large volume of options expiring Friday.
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