Bitcoin experienced a downturn on September 10, falling below $77,000 due to multiple external pressures. Among these were rising producer inflation figures in the United States, increased Treasury bond yields, and the liquidation of leveraged positions, all contributing to a heightened selling pressure in the cryptocurrency market.
Continue Reading:Bitcoin Faces Pressure from Inflation Data and Bond Yields
Source: https://en.bitcoinhaber.net/bitcoin-faces-pressure-from-inflation-data-and-bond-yields
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