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Oil Surges as Stocks and Crypto Plunge on Fed Hawkishness and Geopolitical Strife

BeInCrypto Read original source (opens in a new tab)
The Story

News Summary

  • U.S.
  • strikes on Iran and rising bond yields alongside hawkish Federal Reserve expectations triggered widespread risk-off sentiment.
  • Wall Street indexes and cryptocurrencies fell sharply while crude oil prices spiked over supply disruption fears near the Strait of Hormuz.
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104.61 +64.07% over the displayed period

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