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Bitcoin (BTCUSD) Tumbles 3% as Rising Treasury Yields Spark Risk-Off Crypto Selloff

CryptoProwl Read original source (opens in a new tab)
The Story

News Summary

  • Bitcoin fell 3% to $79,500 amid broader crypto selloff driven by rising Treasury yields and expectations of higher interest rates from new Fed Chair Kevin Warsh.
  • Risk assets tumbled as inflation data disappointed.
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BTCUSD price history

77941.50 +18.31% over the displayed period

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