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Global markets are on tenterhooks ahead of a Federal Reserve interest-rate decision and key US inflation figures. Bitcoin investors have reason to be particularly alert for potential volatility. A 30-day correlation between Bitcoin and the US 10-year Treasury yield is at minus 53, one of the most negative readings in data compiled by Bloomberg since 2010. ...
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Bitcoin price has declined by more than 8% over the last four days after rallying to $72,000 at the end of last week. Data from Cointelegraph Markets Pro andCoinbase shows that the BTC price fell from a high of $69,547 on June 11, dropping 4.5% to reach an intraday low of $66,680. Bitcoin’s price drop coincides with a drawdown in the broader crypto market ...