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Bitcoin stays near 84000 dollars as crypto markets wait for new triggers

Reported by Abhishek Tiwari (Copy Editor) · Economic Times - Markets ·

Unconfirmed — Reported by one source so far

Reported by one source so far

Important
Bitcoin stays near 84000 dollars as crypto markets wait for new triggersRepresentative image · Wikimedia Commons

Bitcoin trades close to 84,000 dollars while Ethereum holds steady despite a tough economic background. High US Treasury yields continue to put pressure on digital currencies. Analysts note that Bitcoin is managing to hold onto important support levels. This shows there is solid buyer demand underneath the market right now. ## Context Digital currencies like Bitcoin and Ethereum often react strongly to changes in global financial conditions and government bond rates. Investors frequently watch broader economic reports and monetary policy decisions to figure out where prices might move next.

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