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Technology

Bitcoin Holds Near $79,200 as Japan Rate Hike Bets Raise Market Risks

Gadgets360 (NDTV) ·
Bitcoin Holds Near $79,200 as Japan Rate Hike Bets Raise Market Risks

Bitcoin is holding near the Rs.

75 lakh level after a strong August, but the outlook has become more cautious.

Rising Japanese bond yields, higher oil prices and increased expectations of a September Fed rate hike could weigh on risk appetite.

Institutional buying continues to provide support, while investors await US jobs and inflation data for further direction.

Read the full article on Gadgets360 (NDTV) ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.gadgets360.com — the content belongs to Gadgets360 (NDTV).

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