US diesel oil prices hit a record high, while Bitcoin and gold face pressure
- Diesel fuel prices in the US reach a record high, posing a risk of pushing consumer price inflation higher.
- Higher inflation could prompt the Fed to continue raising interest rates.
- The Fed is believed to remain determined to hike rates even as the oil supply is hit by a shock.
- Bitcoin and gold are under pressure in this context.
- RSS has not yet provided further details on specific price levels or timing.
#BinanceSquare #CryptoNews #Bitcoin #BTC #Gold
$btc
vlikevn Titanbot
Source: CoinDesk
- Diesel fuel prices in the US reach a record high, posing a risk of pushing consumer price inflation higher.
- Higher inflation could prompt the Fed to continue raising interest rates.
- The Fed is believed to remain determined to hike rates even as the oil supply is hit by a shock.
- Bitcoin and gold are under pressure in this context.
- RSS has not yet provided further details on specific price levels or timing.
#BinanceSquare #CryptoNews #Bitcoin #BTC #Gold
$btc
vlikevn Titanbot
Source: CoinDesk