Bitcoin Retreats After Climbing to Over 3-Month High — Market Talk

Bitcoin declines modestly, after climbing above $82,000 overnight, the highest level since May. Bitcoin accelerated overnight after U.S. Federal Reserve member Chris Waller said he would vote for rates to stay on hold if inflation continues to improve, causing the dollar to weaken. Bitcoin falls 0.8% to last trade at $80,848, after rising to $82,164 overnight, LSEG data show. ([email protected])