Bitcoin edges higher as US advances Clarity Act amid macro tensions
Bitcoin rises on Clarity Act progress Bitcoin rose 0.6% to $80,351.5 by 01:38 ET (05:29 GMT) on Friday, recovering above the $80,000 support level. The move followed overnight strength as U.S. lawmakers advanced the Clarity Act, a bill designed to...
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Global Markets Turn Risk-Off as South Korea Selloff Hits Tech, Oil Climbs
Asian Selloff and Global Equity Pressure Asian equities retreated sharply, led by South Korea, where the KOSPI dropped 6.1% after briefly surpassing the 8,000 level earlier in the session. The decline triggered profit-taking in global semiconductor names, one of the...
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Oil prices gain as Strait of Hormuz disruption and Trump-Xi talks support market
Oil prices head for sharp weekly gains Brent Oil Futures rose 1.9% to $107.69 a barrel by 20:13 ET (00:13 GMT), while Crude Oil WTI Futures advanced 2.2% to $103.40 a barrel. Both benchmarks were on track to gain roughly...
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Trump and Xi Open High-Stakes Beijing Summit Focused on Trade, Taiwan, Security
Summit Opens With Focus on Strategic Rivalry and Cooperation Trump and Xi met Thursday morning at the Great Hall of the People, marking the first visit to China by a sitting U.S. president in nearly a decade. According to official...
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Bitcoin Slips Below Key Level Ahead of U.S. Clarity Act Hearing
Bitcoin Declines as Rate Concerns Intensify Bitcoin fell 1.4% to $79,807.3 by 02:58 ET (06:58 GMT) on Thursday, slipping below what market participants had viewed as a key support level. The move came as traders reacted to stronger-than-expected U.S. consumer...
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