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Bitcoin.com 2024-01-18 00:30:28

US Stocks, Bitcoin, and Gold Drop as Fed Plays Coy on Rates — Investors in Limbo

The leading trio of U.S. stock indices — Dow Jones Industrial Average, Nasdaq Composite, and the S&P 500 — experienced a downturn on Wednesday afternoon. This decline coincided with a rise in 10-year Treasury yields, which jumped 0.98% to 4.102%. Concurrently, gold’s value decreased by a percentage point and bitcoin also witnessed a decline, dropping

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