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Bitcoin Retreats to $30.6K as Blowout ADP Report Strengthens Fed Rate Hike Bets

Traders now see a 94% chance of the Fed raising rates by 25 basis points later this month.

Updated Jul 6, 2023, 6:53 p.m. Published Jul 6, 2023, 1:28 p.m.
Bitcoin's price (CoinDesk/Highcharts.com)
Bitcoin's price (CoinDesk/Highcharts.com)