Brent Crude Hits $106 and Rate Hike Odds Climb to 64% Amid Crypto Sell-Off
The cryptocurrency market faced a broad downturn as 103 of the 125 largest non-stablecoin tokens declined following a 0.4% rise in August producer prices and 30-year Treasury yields reaching a five-year high. Bitcoin maintained the $77,000 level, while Ether.fi gained 14.2% following a buyback vote concluded last week.
Summaries are written by AI from the original article. Not investment advice.