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.
Bitcoin is losing its status as independent 'digital gold' and is now closely tracking the U.S. stock market, particularly the S&P 500. This growing correlation raises concerns that Bitcoin could face a sharp decline if U.S. equities correct, especia...
Bitcoin's traditional four-year cycle, where price bottoms occur 770-900 days after halvings, is showing signs of change. This cycle, Bitcoin reached a new all-time high before the halving, diverging from past patterns. Institutional inflows via spot...
This week in crypto, Pump.fun introduced a new trading model pairing memecoins with tokenized stocks on Solana, expanding crypto's reach. Hunter Biden's LAPTOP memecoin crashed 98% shortly after launch, highlighting market volatility. The Liquid netw...
Mike McGlone, senior commodity strategist at Bloomberg Intelligence, warned that Bitcoin's price might fall significantly to $10,000 if the S&P 500 index drops by 20%. He cited the resistance at $80,000 for Bitcoin, expected Federal Reserve interest ...
Bitcoin is trading around $76,808, about $4,900 below the $81,700 level needed to confirm a new bull market according to CryptoQuant. Large Bitcoin holders (whales) have been selling into the recent two-week rally, while retail investors bought on le...
