Brent Crude Hits $106 and Rate Hike Odds Reach 64% Amid Crypto Sell-Off
Following August producer price data of 0.4% and 30-year Treasury yields reaching a five-year high, 103 of the 125 largest non-stablecoin tokens declined. Bitcoin is trading at $77,120, while Ether.fi gained 14.2% following a buyback vote that concluded last week.
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