Market context
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Bitcoin falls 0.5% to $77,254 as expectations for U.S. Federal Reserve rate hikes by December and geopolitical uncertainty over U.S.-Iran negotiations reduce demand for risky assets. Strong U.S. econ…
Silver prices tumbled 4.1% amid a stronger dollar and elevated Treasury yields. Rising real rates globally and hawkish Fed expectations pressured precious metals despite inflation concerns.
USD/JPY strengthened to 158 as hotter US inflation data supported Fed tightening expectations, while BOJ signaled potential rate hikes. Currency volatility concerns prompted intervention caution.