Crude oil prices surged more than 2.7% after Saudi Arabia shut its East-West pipeline due to drone attacks, threatening up to 4% of global oil supply. This supply disruption pushed Brent crude above $107, while geopolitical tensions in key shipping corridors added further pressure. Meanwhile, crypto markets and metals like gold and silver declined amid rising odds of a Federal Reserve rate hike, now priced at 86.3%. Investors await Wednesday's Fed decision, which could further influence these divergent market moves.
An unidentified whale or institution exchanged 1,312.1 Bitcoin (BTC) for 109.1 million USDC over four days, then used the stablecoin to purchase 43,275 Ether (ETH) at an average price of $2,521 per ETH. Recently, the whale also swapped 237.8 BTC for ...
Institutional buying and a recovery in Bitcoin's mining hash rate support the idea that Bitcoin has passed a cyclical bottom. Since Bitcoin's low near $60,000, institutional demand, especially from ETFs, has exceeded daily mined supply, providing pos...
Bitway (BTW) recorded the largest 24-hour gain among the top 90 cryptocurrencies by market cap, rising 12.9% to $2.18 as most other major cryptocurrencies fell. Pearl (PRL) and Venice Token (VVV) also saw notable increases, while KuCoin (KCS) and sev...
Social sentiment data shows Ethereum (ETH) is experiencing strong bullish momentum with a 2.05 bullish-to-bearish comment ratio, signaling FOMO among traders due to its rebound and network optimism. In contrast, Bitcoin (BTC) and Ripple's XRP face gr...
Bitcoin fell below $82,000 following the release of the US Consumer Price Index report, which showed inflation rising 0.6% in September and 3.7% annually. Core inflation, excluding food and energy, also increased, signaling persistent inflationary pr...
