Bitcoin price sags under $62.5K as Iran strikes add to US stocks pressure
Bitcoin saw a key rejection at local highs before reversing lower, moving with stocks for a second day as USIran war downside took its toll.…
Risk-off wave drags bitcoin below $63,000 as AI selloff spreads from stocks to crypto
Crypto fell as AI stock fatigue and U.S.Iran tensions weighed on sentiment, though a technical measure hints at oversold conditions heading into the weekend.…
Bitcoin under $64,000 after new U.S. strike on Iran. Trump's China comment adds to uncertainty
Geopolitical tensions and renewed fears of U.S.China frictions are weighing on risk assets, including bitcoin. Source:CoinDesk
Oil is facing a supply crunch — and the war in Iran isn’t the only problem
Constraints on Russia’s refining system have added to the existing crisis, strategists at J.P. Morgan said. Source:MarketWatch
Retail sales get boost from car buyers and Amazon Prime Day. Economy hasn’t lost its mojo.
Iran war and high inflation have limited impact Source:MarketWatch
Bitcoin pulls back to $64,000 after hitting monthly high as bears take control
Profittaking after bitcoin hit a $65,500 monthly high combined with fresh Iranian strikes on U.S. bases sent crypto lower, with bears leading price action…
America’s oil refiners could more than triple profits as Iran war sparks massive boom
U.S. oil refiners are about to report a historic profit surge as the industry takes advantage of supply disruptions. Source:MarketWatch
Wholesale prices show first drop in almost a year on lower gas prices, but inflation still too high
Wholesale prices fell in June for the first time in 10 months largely due to lower gas prices, but it’s unclear if the recent slowdown in inflation will…
Crypto steadies as Middle East tensions counter U.S. inflation report boost
Bitcoin held steady at a threeweek high as rising tensions between the U.S. and Iran reined in gains from Tuesday's softerthanexpected inflation numbers.…
US freezes $131M in Iran-linked crypto as Middle East tensions rise
“US Treasury is committed to disrupting and degrading Iran’s illicit financial activities, including its abuse of digital assets,” US Treasury Secretary Scott…
Brace for $4 gas again: How U.S.-Iran tensions are threatening to end the price break at the pump
Americans got some relief at the gas pump in recent weeks, enough to slow down inflation. That might not last long as the U.S. and Iran continue to vie for…
Consumer prices fall for first time since 2020 pandemic, but fight vs. high inflation isn’t over
Plunge in gas prices during Iran ceasefire brings relief. Renewed conflict poses fresh threat. Source:MarketWatch