Broader risk appetite weakens in early Thursday trading as higher energy prices and rising bond yields pressure speculative assets, pushing bitcoin down toward $65,500. The decline also spreads across major tokens while concerns build over a tougher path for U.S. crypto market structure legislation. As reported by CoinDesk, bitcoin remains under selling pressure as futures tied to West Texas Intermediate crude climb to $88.60 a barrel, their highest level since June 11, while U.S. Treasury yields move higher. The cryptocurrency trades near $65,500, down about 0.7% since midnight UTC and extending a retreat from ... (full story)