Bitcoin Drops Below $77,000 Ahead of CPI Data
Bitcoin fell below $77,000 during Asian trading hours on Friday, hitting a low of approximately $76,705. The decline follows a global bond market sell-off, with the U.S. 10-year Treasury yield approaching 5% and market expectations for a Federal Reserve rate hike next week rising to 70%.
Summaries are written by AI from the original article. Not investment advice.