U.S. Treasury yields hit a new high: Bitcoin rebounds above $79,000
In August, core inflation in the United States rose by 0.3% month-on-month, exceeding expectations, but the stock market and cryptocurrency market reacted mildly. After a brief dip, Bitcoin rebounded over 3% to return above $79,000, with the market betting that the probability of a Federal Reserve rate hike in September has risen to 85%.
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