Bitcoin price surges to $78k even as oil rises again creating new setup – what you need to knowBitcoin is entering a fresh macro test as higher oil prices feed inflation fears, lift yields, and push Fed cuts further out.
Happy Wednesday!Bitcoin powers to $78K amid rising oil prices and inflation jitters, testing macro resilience, while banks ramp up lobbying fury, funding attack ads and pushing to derail the CLARITY Act before the Senate window slams shut. Dive into the full stories below. The global crypto market cap is $2.64 trillion, with a 24-hour volume of $156.93 billion. The price of Bitcoin is $79,434.94, and BTC market dominance is 60.1%. The price of Ethereum is $2,412.53, and ETH market dominance is 11.0%. The best-performing sector is DeFAI, which gained 9%. The Crypto Fear & Greed Index is currently Extreme Fear (32). 📰 Top News
Bitcoin price surges to $78k even as oil rises again creating new setup – what you need to knowBitcoin is entering a fresh macro test as higher oil prices feed inflation fears, lift yields, and push Fed cuts further out. Banks lobbying efforts seek to ‘kill’ CLARITY Act before US Senate election window closesBanking organizations are aggressively pushing advertisements to pressure US lawmakers to act against the introduction of stablecoin yields. Banks fund crypto attack ads across Washington as over 3,000 banks unite to stop Clarity Act passing SenateABA ads and fresh bank lobbying are colliding with the Senate calendar as negotiators race to finish the stablecoin-yield compromise holding up CLARITY.
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About CryptoSlateCryptoSlate is a comprehensive and contextualized source for crypto news, insights and data. Since 2017, CryptoSlate has been a go-to destination for the fast-moving and nascent digital assets space. Our coverage focuses on Bitcoin, Ethereum, macro, DeFi, AI, and web3. Our goal is to provide an all-encompassing overview of the crypto asset market and the technological trends shaping it. Our mission at CryptoSlate is to decode the complexity of digital assets and showcase their potential to transform society by providing accessible, reliable information and analysis. We're committed to differentiating our news coverage by telling original stories and providing alternative points of view. Questions, Comments?Get in touch with us here. Connect with UsTelegram • X • Google News • LinkedIn • Instagram
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