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Bitcoin climbed 1.2% to $82,781 after earlier slipping to $80,500 overnight. Analysts said $81,000 has been seen as an initial support level, while strength in the U.S. dollar and higher Treasury yields has weighed on risk assets this week.
The USDA cut its 2027 U.S. beef production forecast to 24.7 billion pounds from 24.8 billion pounds and lowered pork output to 27.8 billion pounds from 28.1 billion pounds in the October WASDE report. Steer prices were unchanged at $2.38 a pound, while the barrows and gilts price estimate slipped to 63 cents from 64 ce