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Bitcoin Consolidates Near $77K as Rising Fed Rate Hike Odds Weigh on Risk Assets

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The Story

News Summary

  • Markets are pricing in rising odds of a Federal Reserve rate hike in September, pressuring broader risk appetite.
  • Bitcoin consolidates near $77,000 between $76,000 support and $80,000 resistance as traders await crucial U.S.
  • labor data to gauge monetary policy direction.
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BTCUSD price history

77342.03 +14.66% over the displayed period

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