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Bitcoin Holds Near $79,200 as Japan Rate Hike Bets Raise Market Risks

Bitcoin is holding near the Rs. 75 lakh level after a strong August, but the outlook has become more cautious. Rising Japanese bond yields, higher oil prices and increased expectations of a September Fed rate hike could weigh on risk appetite. Institutional buying continues to provide support, while investors await US jobs and inflation data for further direction.

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