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Bitcoin presses toward $65,000 as Treasuries out-yield carry trade for only second time on record
Bitcoin firmed toward $65,000 on Thursday. This movement occurred as softer economic data eased fears of a September interest rate hike by the US Federal Reserve, with spot trading volume near multi-year lows. Concurrently, US Treasuries out-yielded the carry trade, marking only the second time this has happened on record.
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Source：The Block · Source Link
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