Bitcoin Slips Under $79,000 as Fed Hike Odds Hold Near 60% Bitcoin traded just below $78,800 on Tuesday, down more than 1% on the day while clinging to a modest weekly gain, as major tokens broadly declined. Stronger-than-expected August U.S. payrolls of 162,000 versus forecasts near 53,000-55,000 pushed the market-implied probability of a 25-basis-point Federal … Read more
Oil Climbs, Bitcoin Slips on US-Iran Tanker Strikes and Jobs Data US Central Command confirmed strikes on three Iranian oil tankers near Kharg Island, Jask and the Gulf of Oman over the weekend, extending maritime enforcement that has redirected dozens of ships. WTI rose about 1% to roughly $92.70–$95, extending September gains above 6% from … Read more
Strong US Jobs Data Knocks Bitcoin Below $80,000 US nonfarm payrolls rose by 162,000 in August, far above the 56,000 consensus, while the unemployment rate held at 4.1%. Bitcoin fell about 2% to trade near $79,600 as the print lifted odds of a Federal Reserve rate hike at the upcoming September meeting. Treasury yields rose, … Read more
Bitcoin Reclaims $81,000 on Waller Comments and Short Squeeze Bitcoin surged as much as 5–6% over 24 hours, briefly topping $82,000—the highest since May—before consolidating near $81,000–$81,200. The move followed Federal Reserve Governor Christopher Waller’s remarks that he would support holding rates steady at the mid-September FOMC meeting if inflation data continues to cool. Rate-hike … Read more
US-Iran Strikes Push Oil Above $93, Weigh on Bitcoin and Bonds US forces conducted fresh strikes on Iranian military targets near the Strait of Hormuz on September 1-2, targeting air defenses, radar, maritime assets and mine-laying capabilities after Iranian attempts on shipping and a US base. Iran retaliated with missiles and drones against US positions … Read more
Bitcoin Holds Amid $90 Oil and Yield Spike from Iran Escalation Bitcoin traded choppily between roughly $76,000 and $80,000 over the past day, showing relative resilience as WTI crude topped $90 (up nearly 9% on the week) and Brent approached $96 following renewed U.S.-Iran strikes. U.S. forces hit Iranian military targets near the Strait of … Read more
Oil Climbs Past $91 on Renewed US-Iran Clashes Brent crude rose above $91 a barrel and WTI topped $86 as the US and Iran exchanged strikes for the first time in roughly a month near the Strait of Hormuz. US forces hit Iranian rocket launchers on Larak Island; Iran responded with missiles toward bases in … Read more
Fed Chair Warsh Signals Possible Rate Hikes Fed Chair Kevin Warsh delivered a hawkish Jackson Hole speech stating inflation remains insufficiently contained, financial conditions are not restrictive, and the Fed “has work to do” if underlying prices fail to move clearly toward the 2% target. Markets quickly repriced, lifting the probability of a September rate … Read more
Fed Chair Warsh Signals Hawkish Stance at Jackson Hole Fed Chair Kevin Warsh delivered a hawkish keynote at the Kansas City Fed’s Jackson Hole symposium, stating the central bank has “work to do” on inflation and that its predominant focus must remain the 2% target after 65 months of elevated prices. Traders immediately raised September … Read more
Bitcoin Tests $80,000 Supply Wall Amid ETF Inflow Streak Bitcoin traded near $79,000–$81,000 on August 27–28, testing its densest realized-price supply cluster after a roughly 23% seven-day gain from mid-August lows near $62,000. Glassnode data show nearly 8% of supply concentrated between $80,000 and $82,000, with about 5% at the $80,000 level alone—the largest single-price … Read more