Bitcoin price eyes $74K as Fed rate-hike bets hit 96% after Waller speech

Bitcoin price action and stock futures trended lower after Fed governor Christopher Waller said that he would vote to raise interest rates by 0.25% at the December FOMC meeting.

Bitcoin (BTC) fell toward $74,000, and US stock futures dropped on Tuesday as a senior Federal Reserve official voiced support for hiking interest rates.

Key points:

Data from TradingView showed BTC/USD reaching $74,080 on Bitstamp, down 1.3% on the day.

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