Bitcoin Hovers Near $83K With US Inflation Data in Focus
Bitcoin is trading around $83,000 as investors await US inflation figures, while elevated Treasury yields continue to weigh on appetite for risk.
Bitcoin remained near $83,000 as traders turned their attention to upcoming US inflation data.
Market expectations for an October interest-rate increase have fallen sharply, according to Decrypt.
Despite those lower expectations, analysts say Treasury yields around their highest levels in two decades are still restraining demand for riskier assets.
Source: Decrypt
