CryptoCointelegraphabout 1 hour ago
Bitcoin Drops Below $77K on US PPI Overshoot
1 min read
Bitcoin fell below $77,000 as US Producer Price Index inflation came in at 5.4% year-on-year, higher than expected. The 30-year US Treasury yield reached 5.353%, its highest level since June 2007, while WTI crude oil surpassed $100 per barrel.
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