Crypto

Bitcoin Rallies to $71K as Bessent Mulls Lifting Some Iran Oil Sanctions

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In brief

  • Bitcoin topped $71,000 Friday morning following the U.S. Treasury Secretary’s outlining of possible responses to soaring oil prices.
  • Scott Bessent suggested the U.S. could waive some sanctions on Iranian oil already at sea, and mulled further releases from the U.S. Strategic Petroleum…

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