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Cryptocurrency market news

Rate-Hike

10/06/26 00:09 UTC-04

Bitcoin and Gold Fall Together as a Rate-Hike Bet Hits Every Hedge

$BTC changed hands at $61,233 on Wednesday, down 3% over 24 hours and 6.9% on the week, while gold fell 2% to below $4,200 an ounce. The market is betting on higher interest rates and is punishing assets like Bitcoin and crypto that do not pay one.