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Bitcoin Maintains Pressure on $84K

Bitcoin (BTC) continued to target $84,000 at the start of the US trading session, maintaining much of its overnight upside. US stocks attempted to recover from South Korea's tech rout, with the S&P 500 and Nasdaq Composite indexes making early gains but closing off less than 0.5% lower. Bitcoin bulls face a double macro headwind this month, with bond yields at their highest levels in nearly a quarter of a century and the US dollar strengthening, eroding institutional confidence and reducing market liquidity.

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