Bitcoin Price Trades Near $79,600 as Oil Rebounds and Bank of England Hikes Rates
Bitcoin traded near $79,600 on Thursday morning, up about 2% from the prior day but slipping back under $80,000 as oil prices recovered and the Bank of England raised interest rates. The coin peaked near $80,900 the previous evening. Traders are watching how macro moves from rates and oil feed into crypto prices.
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