CoinScoopBrent Crude Hits $106 as Rate Hike Odds Rise and Crypto Markets Decline
Brent crude surpassed $106 while the probability of a rate hike reached 64% following August producer price data of 0.4% and a surge in 30-year Treasury yields. Most major non-stablecoin tokens saw declines, with Bitcoin trading at $77,120. Meanwhile, Ether.fi increased by 14.2% following a buyback vote concluded last week.
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