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Bitcoin Nears $80,000 Amid Regulatory Developments

· Business · Yahoo Finance, Economic Times

Bitcoin traded near $80,000, hovering around three-month highs, influenced by US Treasury bond buybacks and regulatory news. Crypto-related stocks also saw gains. Bitcoin mining firm IREN was set to report earnings later in the day.

Why it matters

The price movement affects cryptocurrency investors and reflects ongoing regulatory developments in the digital asset space.

Read the original report — Yahoo Finance

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