CryptoWorld News reports that recent Bitcoin (BTC) prices have fallen back to $76,500, down from the earlier high of $79,000 this week, reflecting market caution about future trends. The University of Michigan Consumer Sentiment Index dropped to a historic low of 49.8 this month, mainly influenced by inflation pressures related to the Iran conflict. In the short term, the market remains focused on the Federal Reserve's interest rate policy, with expectations that the benchmark rate will stay between 3.5% and 3.75% this week. Meanwhile, ongoing ETF capital inflows are crucial in supporting Bitcoin prices.

BTC-0.87%
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