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Bitcoin Defies Geopolitical Shock and Hawkish Fed as Oil Surges

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The Story

News Summary

  • Bitcoin demonstrated resilience above $78,000 despite Middle East geopolitical tensions and hawkish Fed rate outlooks.
  • Meanwhile, WTI crude jumped 2.6% on Strait of Hormuz supply concerns, while U.S.
  • stock indices and gold retreated as rate-hike odds climbed.
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WTI price history

105.91 +75.52% over the displayed period

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