CoinScoopBitcoin rebounds above $79,000 despite record US bond yields
Bitcoin rebounded more than 3% to reclaim the $79,000 level after a brief dip, following news that US core inflation rose 0.3% in August. Market participants are currently pricing in an 85% probability of a Federal Reserve rate hike in September.
Summaries are written by AI from the original article. Not investment advice.