Crypto

Bitcoin Rises as Trump Amplifies Iran Threats, Fed Rate Cut Chances Fall Near Zero

Decrypt logo

In brief

  • Bitcoin remains rangebound near $71,000 despite a 3% daily gain.
  • Trump made fresh threads against Iran over the Strait of Hormuz, yet the price of oil keeps sinking from the nearly $120 peak.
  • Fed rate cut odds collapsed to 0.6%, leaving crypto markets in limbo.

The price of Bitcoin is…

Read Full Article at Source