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Bitcoin is down to one-month lows, and BTC price predictions are tending to assume worse is to come — how much lower can bears manage?

PLUS: BTC's positive vibes may be waning as outflows from BTC investment products rose for the first time in weeks. But mining is in a better state than it was a year ago.

The U.S. central bank has been telegraphing its intent to renew rate hikes for weeks. ThePersonal Consumption Expenditures report arrives Friday, but cryptos and other risk-on assets have been largely immune to macro events.

Bitcoin-related funds saw outflows of $13 million over the past week, reversing five weeks of bullish inflows, according to Coinshares analyst James Butterfill.

Digital asset investment products recorded outflows last week for the first time since mid-June, CoinShares reported.

Regulatory uncertainty surrounding Binance, the largest crypto exchange, tends to weigh on crypto prices.

Worldcoin price soared to $3.58 shortly after launching but traders and crypto advocates have many concerns.

MKR looks primed to continue the rally given its recent buyback mechanism and two other key metrics that impact Maker’s price.

Bitcoin price is down today as investors expect the Federal Reserve to raise rates and crypto whales send record amounts of BTC to exchanges.

The latest price moves in crypto markets in context for July 24, 2023.
- 00:42ARKB recorded a net inflow of $97 million yesterday, while BITB saw a net inflow of $10.2 million.On April 25, according to Farside Investors monitoring, ARK's ARKB recorded a net inflow of $97 million yesterday, while Bitwise's BITB recorded a net inflow of $10.2 million.
- 00:426 hours ago, El Salvador Increased Bitcoin Holdings by 1 BTC, Total Holdings Now 6,157.18 BTCAccording to data from the website of El Salvador's Ministry of Finance, El Salvador increased its Bitcoin holdings by 1 BTC 6 hours ago, bringing the total to 6,157.18 BTC, with an approximate total value of $577 million.
- 00:41Federal Reserve's Kashkari: Regulating Cryptocurrency Depends on CongressPANews April 25 — According to Jinshi, Federal Reserve's Kashkari stated that regulating cryptocurrency depends on Congress.