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Bitcoin hits $81K as US bond yields rebound on global oil woes

Published Source: CoinTelegraphRead original

Crypto Insight Summary: Bitcoin price action made swift gains at the start of Friday’s Wall Street trading session as US 30-year bond yields began rising again. Crypto Insight Analysis: Direction: Bullish BTC Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Bond yield rise typically strengthens USD, but Bitcoin's quick reaction suggests temporary safe haven demand.

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Bitcoin hits $81K as US bond yields rebound on global oil woes — Crypto Insight