Impact of Rate Hikes on Bitcoin and Risk Assets - news.ssbcrack.com
Source: news.ssbcrack.com
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DW NOTE
The Fed just raised rates into a supply shock — crude at $96 with the Strait of Hormuz functionally closed, PPI running at 5.4%, and the 10-year at 5%. That's not inflation management, that's demand destruction while energy costs remain structural.
Today's Digest covers energy markets, Iran's reopening offer, UK warnings of Russian threats, mRNA shedding, FISA withholding, Microsoft buyouts, an AI-flawed court ruling, recruiting immigrant teachers, UK educational outcomes for whites, and advice to start prepping.
Bitcoin Magazine Bitcoin Price Rests Near $80,500 as Midterms, Fed Decision Loom Bitcoin price recovered from an early-morning low near $79,400 to trade around $80,500 on Tuesday, holding above $80,000 ahead of this week’s Fed decision and the November midterms. This post Bitcoin Price Rests Near $
WATCH: Trump says Venezuela sent him 1 million barrels of oil as a 'gift' - PBS
Downside risks are building in gold, but prices still have a path to $5,000 - State Street’s Doshi - Kitco