Weakening U.S. demand, a setback for the Clarity act and expectations of a fed rate hike weigh on bitcoin. Bitcoin’s Coinbase discount, sinks to one-month low as discount widens to around $50 as the price retreats towards $75,000. Elevated oil prices and treasury yields add pressure ahead of the fed’s rate decision. Bitcoin’s Coinbase COIN $ 171.98 · Market Closed premium has fallen to its lowest level in four weeks, suggesting weakening U.S. demand as investors confront a setback for crypto le…
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