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Crypto slips as producer prices rise and 30-year Treasury yield jumps

Bitcoin was last at $77,120, while Ether.fi gained 14.2% after a closed week-ago buyback vote.

Reported · Written up by our desk · Market Structure

Crypto markets fell after August producer prices rose 0.4% and the 30-year Treasury yield passed every close of the past five years, The Defiant reported.

In the move across large caps, 103 of the 125 largest non-stablecoin tokens were lower on the day, according to the outlet.

Bitcoin traded at $77,120, while Ether.fi rose 14.2% after a buyback vote that had closed a week earlier, The Defiant said.

Latest closeBitcoin $81,906.63 ▼1.4%

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