Asia shares, oil slip as markets adjust to Fed rate hike expectations

Economic contraction may prompt the Bank of England to consider rate cuts, impacting equities, currency, and investor risk strategies. The post UK economy shrinks for second consecutive month, S&P Global reports appeared first on Crypto Briefing.

Bitcoin analysis warned of "new lows" as Asia markets dropped up to 10% and BTC price action dipped below $62,000 for the first time in nearly two weeks.

The recent Bitcoin downturn highlights increased market volatility and potential for further liquidations, impacting investor confidence. The post Bitcoin falls below $63,000 as $150M in longs get liquidated appeared first on Crypto Briefing.

Progress in US-Iran talks may stabilize oil markets, reducing geopolitical risks and potentially preventing future price surges. The post Oil prices slide as US-Iran peace talks progress appeared first on Crypto Briefing.

The CFTC issued a request for comment on running standard futures around the clock and on perpetual contracts referencing physically delivered energy commodities such as crude oil, extending the perpetual-contract model from crypto into oil and gas derivatives.

Bitcoin’s recent underperformance relative to equities has coincided with rising Federal Reserve rate expectations, and Grayscale Investments argues bitcoin could narrow that gap if policymakers hold off on rate hikes. Fed Policy Expectations Drive Divergence Across Markets Grayscale Investments is tying bitcoin’s lag behind equities to a repricing of Federal Reserve policy, arguing that bitcoin […]

Increased oil supply may stabilize prices, reducing the likelihood of record highs and influencing global energy market dynamics and strategies. The post Oil supply surge expected to ease market tightness, impact prices appeared first on Crypto Briefing.

Bitcoin sought a breakout toward a potential BTC price target near $70,000 as Iran news sent oil toward its lowest levels since early March.