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المشهد العربي
Crypto losses grow as bond yields rise
Cryptocurrency prices declined rapidly during Wednesday's trading session, driven by a sell-off wave fueled by rising oil prices and a surge in sovereign bond yields in European and American markets. This comes amid investor anticipation for the minutes of the Federal Reserve's most recent meeting, as they look for clues about future monetary policy. Despite the continued expectation of a potential tightening of monetary policy again before the end of the year, the likelihood of an interest rate hike in the scheduled October meeting has diminished.
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