Bitcoin Softens on Revived Fed Tightening Bets, Firmer Oil, and Weaker U.S. Equities

Bitcoin traded with a weaker tone as Federal Reserve tightening expectations revived, international oil prices firmed, and U.S. equities fell with negotiation expectations under pressure. Spot Bitcoin ETFs posted net outflows and the Coinbase Bitcoin premium index stayed in negative territory, with U.S. market buying power remaining weak.