🌍 GLOBAL MARKET LOSES MOMENTUM WITH OIL NEAR US$ 100
MACRO FACT: Geopolitical tension is once again pressuring global markets.
📊 What’s happening:
Brent rose by about 2.25%, to US$ 99,18, while U.S. stock index futures fell. The oil price increase raises concerns about inflation ahead of the next U.S. economic data.
👀 Why it matters:
Inflation and interest rates directly affect investors’ appetite for risk assets, including cryptocurrencies.
📈 Potential impact: Negative/Uncertain for crypto
⚠️ IMPORTANT: The final impact will depend on how energy prices evolve and on the upcoming economic data.
#Bitcoin #Crypto #Macro #Oil #Inflation #BinanceSquare
MACRO FACT: Geopolitical tension is once again pressuring global markets.
📊 What’s happening:
Brent rose by about 2.25%, to US$ 99,18, while U.S. stock index futures fell. The oil price increase raises concerns about inflation ahead of the next U.S. economic data.
👀 Why it matters:
Inflation and interest rates directly affect investors’ appetite for risk assets, including cryptocurrencies.
📈 Potential impact: Negative/Uncertain for crypto
⚠️ IMPORTANT: The final impact will depend on how energy prices evolve and on the upcoming economic data.
#Bitcoin #Crypto #Macro #Oil #Inflation #BinanceSquare