Rising Treasury Yields Put Recent Bitcoin Rally Under Pressure

(MENAFN- Investor Brand Network) Bitcoin came under renewed pressure as last week ended, falling about 1.4% to roughly $77,000 after reaching around $77,500 earlier in the week. The decline erased a fraction of the crypto's strong August performance, when it gained almost 25%.

Upcoming economic data releases are likely to be analyzed closely by enterprises like Marathon Digital Holdings Inc. (NASDAQ: MARA) as crypto prices could react sharply to those...

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