Bitcoin Stalls, Oil Surges Amid Iran Tensions
Bitcoin & Crypto News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Bitcoin hovers around $66,600, showing minimal movement despite a slight uptick. Oil prices surge to $120 per barrel due to Iran tensions and Trumps tough stance, causing inflation concerns and dampening rate cut expectations. Bitcoin ETFs see $22 million in net flows, but large holders are selling, with nearly half of all bitcoins in circulation trading at a loss. Market volatility may increase with Middle East tensions and todays nonfarm payrolls data.
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