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Bitcoin withstands $90 oil and rising yields while gold slides. A firm dollar is the catch
Summary by BizToc
5 Articles
5 Articles
Bitcoin remains between US$76 thousand and US$80 thousand while the gold melts Bitcoin Quotation remains between US$76 thousand and US$80 thousand despite oil and high interest rates
Bitcoin Holds Firm Near $80K as Dollar Strength Threatens Rally
Bitcoin is showing notable resilience despite mounting pressure across global financial markets, with rising oil prices, surging bond yields and falling equities failing to trigger a deeper cryptocurrency selloff. WTI crude oil futures climbed above $90 a barrel and were up nearly 9% for the week, according to TradingView data. Higher energy prices could fuel inflation and reduce the Federal Reserves ability to cut interest rates, creating anoth…
Coverage Details
Total News Sources5
Leaning Left0Leaning Right0Center1Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
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