Bitcoin Holds, Wall Street Stalls as Oil Shock Revives Fed Hike Bets
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The oil price jumps over 100 dollars, the Iran conflict escalates and high returns put the ratings under pressure. Nevertheless, Wall Street remains remarkably stable – and the VIX also does not signal an acute panic so far. But the calm could be deceptive: with US inflation data, bond buybacks and the Fed decision, several strain samples are coming closer. During the [...] The post Wall Street ignores the oil shock – still appeared first on fin…
Bitcoin Price Reclaims $79,000 as Brent Nears $100—Hedge or Risk Trade?
Bitcoin climbed back above $79,000 early Wednesday even as oil’s approach to $100 a barrel revived inflation and interest-rate fears. Coinbase’s BTC-USD market showed $79,287.66 at 07:09:08 UTC, up 1.07% from its rolling 24-hour open and only $97 below the period high. The short answer for investors: Bitcoin displayed useful relative strength, but one rebound…
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Cryptocurrency News | Cryptocurrency Prices | Market CapBitcoin Holds, Wall Street Stalls as Oil Shock Revives Fed Hike Bets
Bitcoin is defending its golden zone support while the S&P 500 grinds inside its tightest range yet, both waiting on Friday's inflation report before the Fed's September 16 rate call.
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