On the Chain: Bitcoin stalls near US$77,000 as rate fears test August rally
Market / Price
Bitcoin hovered around US$77,000 on Thursday morning as higher bond yields, elevated oil prices and growing expectations of another US interest rate rise tested the cryptocurrency's strong August rally. The world's largest cryptocurrency has retreated from above US$81,000 reached in late August and was trading around US$77,000 in the latest session, with buying momentum showing signs of cooling.
BTC
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