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Bitcoin Remains Under Pressure, Sitting Below $65,000 on Renewed Middle-East Tensions
Bitcoin held near $64,700 despite Middle East tensions, while Brent crude moved above $83 after Yemen's Iran-linked Houthis attacked Saudi Arabia. Elevated oil prices and a 4.67% 10-year Treasury yield could sustain inflation pressure, tighten financial conditions, and limit expectations for near-term rate cuts. Gold rose 1.
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