Bitcoin: A pullback with two causes, one macro and one structural
Market / Price
Bitcoin spent Friday sliding back under $77,000, giving up ground it had built through most of late August as traders repositioned ahead of the next major US inflation print. The pullback tracks a broader shift in risk appetite across markets this week: Treasury yields have been climbing and oil prices have firmed, and both moves tend to pull capital away from assets like bitcoin that trade more on liquidity and risk sentiment than on any yield of their own.
BTC
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