CoinDesk·3 min read·hard
Bitcoin settles near $65,000 as oil's march toward $100 fails to spook the market
O
Oliver Knight
✦AI Summary
Bitcoin remains stable near $65,000 despite rising oil prices and geopolitical tensions in the Middle East. While major cryptocurrencies show resilience, some altcoins are experiencing volatility and profit-taking following recent rallies.
Brent crude futures are trading at $97.66 per barrel, the highest since mid-May, as the Iran conflict shows no sign of de-escalating. While previous oil spikes have rattled risk assets including crypto, digital assets are broadly green this morning.
economycryptobusiness
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