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Bitcoin steadies near $83,000 as ZEC slides and oil rises
Bitcoin was holding around the $83,000 level as ZEC fell 12% and oil prices moved higher again, according to CoinDesk.
The outlet also pointed to weaker global stocks, which it said dropped to a one-week low, alongside increased expectations for additional Federal Reserve rate hikes.
CoinDesk linked the positioning to upcoming Wednesday PCE inflation data, noting traders were factoring that release into their rate outlook.
Latest closeBitcoin $83,951.44 ▼0.6%
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