#crypto daily

The post BTC inflation quagmire gets sticker as renewed Iran conflict sends oil price soaring: Crypto Daily appeared on BitcoinEthereumNews.com. Will the Fed focus on the breakevens, which are already at or below 2% at the short end, or on rising consumer concerns? The Fed itself tends to trust breakevens because they reflect institutional capital allocation, while consumer surveys frequently lag behind and can be heavily influenced by volatile everyday costs like energy and food. Hence, the argument that falling breakevens are bullish for bitcoin still holds. But the central bank may not entirely ignore Main Street sentiment, which can become self-reinforcing, especially if catalysts like energy prices remain volatile. And guess what? The U.S.-Iran ceasefire has collapsed. The two sides exchanged airstrikes early today, triggering a roughly 5% jump in oil benchmarks. Bitcoin has fallen back to $62,000 and may drop further if the panic spreads to Wall Street later today. Analysts are a