Bitcoin rises 4% to retake $24,000 as investors shift to risk-on ahead of this week's inflation report

Business Insider
Aug 8, 2022, 1:47 pm780 ptsInteresting
Bitcoin tumbled to well below $20,000 over the weekend, before rebounding somewhat on Monday. Anadolu Agency/Getty Images Bitcoin on Monday rose above $24,000 for the first time in August. Softening in US bond yields have boosted the cryptocurrency's price. Bitcoin's price has increased in August but is…

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