CoinScoopBrent Crude Hits $106 and Rate Hike Odds Reach 64% as Crypto Markets Decline
Crypto markets faced a sell-off as 103 of the 125 largest non-stablecoin tokens declined following August producer price data of 0.4% and a surge in 30-year Treasury yields to five-year highs. Bitcoin traded at $77,120, while Ether.fi rose 14.2% following a buyback vote that concluded last week.
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