Bitcoin Ranges Near $83K as Traders Look to US Inflation Data
Summary
Bitcoin recently traded around the eighty-three thousand dollar mark while market participants awaited upcoming United States inflation figures. Meanwhile, analysts pointed out that elevated Treasury yields continue to restrict investor risk appetite despite falling expectations for a rate hike in October.
October rate-hike odds have slumped, but analysts say Treasury yields at two-decade highs are still keeping a lid on risk appetite.
Source: Read the full story at Decrypt
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