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Zeeeshu
Brent is back above $100 and $BTC slipped under $84K.
Let’s analyze this combination rather than the red candle itself.
$BTC fell from ~$86.6K to as low as $83.84K while Brent climbed to ~$101.50 after the latest tanker attacks.
At the same time, the 10Y moved to 5.31% and the dollar strengthened across every G10 currency.
My read is that expensive oil can keep inflation concerns alive, yields make risk capital more expensive, and a stronger dollar adds another headwind.
#DailyOrbit
Aviso legal: o conteúdo do OKX Orbit é fornecido apenas para fins informativos. Saber mais
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Criptomoedas populares
BTC/USDTBitcoin
$83 992,5+0,00%
ETH/USDTEthereum
$2564,67+0,01%
MAGIC/USDTMagic
$0,121-0,05%
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