Bitcoin faces profit-taking pressure near $80,000, backed up by a U.S. inflation report that comes as high oil prices and rising bond yields weigh on risk assets. Bitcoin faces profit-taking pressure near $80,000 and looming U.S. inflation data as high oil prices and rising bond yields weigh on risk assets. Derivatives markets show risk aversion, with falling open interest, heavy long liquidations, subdued volatility and market makers likely to sell into rallies around $80,000, signaling potent…
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