WTI crude oil closed above $100 per barrel for the first time since 2002.
Fed’s Powell’s comments sooth bond market, but oil continues rise, hitting crypto and stocks
WTI crude oil closed above $100 per barrel for the first time since 2002.
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A loss of $1.77 could lead to a significant drop, with the next major support around $0.80.
The rally is driven by speculation that a final verdict could bring clarity to the project, as well as technical factors like token burns.
Bitcoin steadies near $95K as prediction markets, market makers, and desks point to a momentum-driven run at $100K rather than a decisive breakout.
Trustees transferred over 30,000 BTC from “1FG2C…Rveoy” to “1Fhod…LFRT,” a new wallet, and $200 million to a Mt. Gox cold wallet.