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Bitcoin Magazine: Bitcoin Trades at Intraday Low of Around $71K; 10-Year U.S. Treasury Yield Surpasses 5%
According to Bitcoin Magazine, Bitcoin dropped intraday to around $71,000 on Thursday, its lowest level since August 20, and recovered to approximately $71,200 at the time of writing. The report also noted that the 10-year US government bond yield rose by about 12 basis points to 5.105%, having touched 5.12% earlier in the session. The aforementioned prices and yields reflect market conditions at the time of reporting.
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