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US Treasury yields hit a record high, Bitcoin rebounds above $79,000

Source: cointelegraph.com
U.S. core inflation rose 0.3% month-over-month in August, exceeding expectations, but the stock and crypto markets reacted flatly. Bitcoin dipped briefly before rebounding over 3% to push back above $79,000, as the market now prices in an 85% probability of a September Fed rate hike.

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