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via finance.yahoo.comMarkets

Bitcoin pinned near $80.2k as oil and rate concerns weigh on crypto

FROM THE WIRE · FINANCE.YAHOO.COM

Investing.com-- Bitcoin moved little on Monday after logging sharp losses over the weekend, as persistent concerns over rising oil prices and anticipation of key central bank meetings largely dented appetite for cryptocurrencies. Still guessing which stocks will beat the market?…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishBitcoin and altcoin weakness reflects concerns over oil prices and central bank decisions.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Bitcoin fell 0.4% to $80,227.7, after losing about $2,000 over the weekend.
  2. 02Concerns over rising oil prices and expected central bank meetings are weighing on crypto appetite.
  3. 03Most altcoins are also in the red on Monday.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Crude Oil WTICOMMODITY:WTICommodity100.88 USD-0.33%today -2.31%Positive BitcoinBTCUSDCrypto80,111.31 USD-0.01%today +0.11%Negative XRPXRPUSDCrypto1.29 USD+0.18%today -0.49%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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