Bitcoin Retreats After Climbing to over 3-Month High

Dow Jones
6 hours ago

0714 GMT - Bitcoin declines modestly, after climbing above $82,000 overnight, the highest level since May. Bitcoin accelerated overnight after U.S. Federal Reserve member Chris Waller said he would vote for rates to stay on hold if inflation continues to improve, causing the dollar to weaken. Bitcoin falls 0.8% to last trade at $80,848, after rising to $82,164 overnight, LSEG data show.

 

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