Investing.com– Bitcoin moved little on Tuesday amid continued uncertainty over the regulatory outlook under a Democrat-led U.S. Congress, which spurred sustained outflows from spot exchange-traded funds.

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Anticipation of upcoming U.S. inflation data also kept traders to the sidelines, with the prospect of higher interest rates presenting another layer of uncertainty.

Bitcoin rose 0.4% to $74,749.1 by 00:35 ET (05:35 GMT).

The world’s largest crypto logged deep losses after the Democrat victory in the U.S. midterm elections last week, although…