Live updates: Bitcoin slips below $63,000 as oil, yields climb

Live updates: BTC price slips below $63,000 as oil and yields climb

liveUpdated 9 minutes ago

WTI crude tops $82 a barrel, adding inflation pressure and weighing on risk assets as bond yields rise.

By James Van Straten

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Gemini (GEMI) shares fell 5% in Friday pre-market trading after second-quarter results exposed continued weakness in its core exchange business. Revenue rose 37% to $45.5 million, driven by services, while exchange revenue slid 38%. The company reported a $107.7 million net loss



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Bitcoin fell below $63,000 as rising oil prices and bond yields weighed on risk assets.

WTI crude climbed above $82 a barrel, while the yield on the U.S. 10-year Treasury advanced to 4.660%.


 

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