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Crypto Slides as Rising Rate Fears and Brent Crude Surge Pressure Markets

Yahoo Personal Finance Read original source (opens in a new tab)
The Story

News Summary

  • Bitcoin and Ethereum slipped as surging Brent crude prices and renewed inflation fears pushed Fed rate-hike expectations to nearly 70%.
  • Brent surged amid conflict in Iran, weighing on non-yielding crypto assets, even as US regulators advance plans to allow crypto to qualify for mortgages.
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BRENT price history

107.92 +66.24% over the displayed period

Advisor Snapshot

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