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latest: 12-06 11:01
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Markets: Bitcoin, crypto top 10 retreat with equities on signs of inflation uptick in U.S.

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The cost of insuring against a potential U.S. government default in the next 12 months soared to record highs last week.

Bitcoin doesn't need to be backed by anything tangible to be valuable; like fiat currencies, much of its value derives from consumer confidence.

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