Bitcoin Trades Near $73,700 as US Inflation Fears Weigh on Crypto Market

Bitcoin traded near $73,800 as cryptocurrency markets faced selling pressure amid stronger-than-expected US inflation data and rising Treasury yields. Institutional withdrawals added to the decline: Bitcoin exchange-traded funds recorded $201 million in outflows, while Ethereum funds saw $184.6 million. Ethereum was priced at about Rs. 1.93 lakh, and major altcoins moved unevenly as investors assessed the economic outlook, according to the report.