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The Economic Times
The Economic Times
Business
Surbhi Khanna

Bitcoin climbs towards $64,000 as cooling inflation and falling treasury yields aid recovery

Bitcoin Inflation US Federal Reserve Crypto United States Ethereum Nischal Shetty Riya Sehgal

Bitcoin traded near the $64,000 mark on Tuesday, as cooling inflation and falling treasury yields aided recovery in the crypto market. The cryptocurrency was trading near the $64,246 mark.

In the past 24 hours, Bitcoin was up 1.44% and Ethereum was up 0.43% to trade at $1899 mark. Among the major altcoins, Solana, Tron, Hyperliquid rallied up to 1% whereas BNB, XRP, Dogecoin, and Cardano slipped up to 1.37%.

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