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Bitcoin price unchanged after volatile trading day, 10-year Treasury and oil hit yearly highs
The broader crypto market traded flat on Wednesday as investors remain unsure of how to properly position themselves ahead of a potential shutdown of the U.S. government that looks increasingly likely as the weekend deadline for a budget deal approaches without any meaningful progress. Stocks fell under pressure at the market open but managed to claw back the losses in the afternoon as traders who saw the declines over the past two days as overdone jumped back into the market. The 10-year Treasury yield briefly pulled back in the morning, only to surge to a new 16-year high of 4.643% in the afternoon, which ... (full story)