Bitcoin Holds, Wall Street Stalls as Oil Shock Revives Fed Hike Bets
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11 Articles
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 Holds Near $79,000 as Traders Await US Inflation Data
Bitcoin is holding near $79,000 as traders await US PPI and CPI data ahead of the Federal Reserve’s September meeting. Higher oil prices and renewed Middle East tensions have kept inflation concerns elevated, while ETF inflows and improving market fundamentals continue to provide support. Analysts are watching key support and resistance levels for signs of the next move.
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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