1151 GMT - Bitcoin falls slightly as expectations for U.S. interest-rate rises and uncertainty over negotiations between the U.S. and Iran for a peace deal reduce demand for risky assets. Recent data point to strong growth and firm labor market conditions which cap bitcoin's ability to rise through higher real yields adjusted for inflation, Zaye Capital Markets analyst Naeem Aslam says in a note. The market now sees an 80% chance of the Federal Reserve raising rates by December, LSEG data show. Meanwhile, there are conflicting headlines on whether the U.S. and Iran are close to reaching a deal. Bitcoin drops 0.5% to $77,254, LSEG data show.(renae.dyer@wsj.com)
(END) Dow Jones Newswires
May 22, 2026 07:51 ET (11:51 GMT)
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