Rising Oil Prices Add New Macro Pressure on Bitcoin
A sharp rebound in oil prices is introducing new inflation risks, potentially complicating expectations for near-term rate cuts and adding headwinds for Bitcoin.
A sharp rebound in oil prices is introducing new inflation risks, potentially complicating expectations for near-term rate cuts and adding headwinds for Bitcoin.
Large transfers of Bitcoin and Ether from BlackRock to Coinbase Prime, combined with ETF outflows and pending US inflation data, are heightening expectations of near-term crypto market volatility.
Iranians are increasingly withdrawing bitcoin to personal wallets as protests intensify and the rial continues to collapse amid economic stress.
Bolivia’s government announced plans to integrate cryptocurrencies and stablecoins into the formal financial system, allowing banks to offer crypto-based services.