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Crypto· Bitcoin

Bitcoin falls on US PPI overshoot as 30-year bond yield hits new 19-year high

Bitcoin slipped below $77,000 on Thursday as U.S. producer inflation surprised to the upside and long-term Treasury yields climbed to multidecade highs. The drop came alongside a surge in oil prices after Middle East strikes and despite a $6 billion Treasury buyback that failed to halt gains in bond yields.

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