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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Bitcoin price surges to $78k even as oil rises again creating new setup – what you need to know