🚨Oil Flows Through Strait of Hormuz Recover, Supporting Bitcoin🚀
🛢️Oil shipments through the Strait of Hormuz have recovered to about two-thirds of pre-conflict levels, according to Goldman Sachs. Gulf exports are now around 15–16 million barrels per day, helping reduce pressure on global oil prices
📉 Oil prices fell slightly below $83 per barrel despite ongoing tensions between the US and Iran. Higher oil flows are easing fears of a major supply shortage. Bitcoin is trading around $79,900, up more than 1% in the past 24 hours. Trading volume also increased nearly 30%
🏦 Investors are now watching Fed Chair Kevin Warsh’s Jackson Hole speech for clues about future interest rates. A dovish message could support Bitcoin and other risk assets. Prediction markets give Bitcoin a strong chance of reaching $85,000 by the end of 2026 #USCorporateProfitsHitRecordHigh #GoldRisesAbout14%InAugust #TaiwanTAIEXRetakes46500OnChipRally $BTC $RIVER $USOon
🛢️Oil shipments through the Strait of Hormuz have recovered to about two-thirds of pre-conflict levels, according to Goldman Sachs. Gulf exports are now around 15–16 million barrels per day, helping reduce pressure on global oil prices
📉 Oil prices fell slightly below $83 per barrel despite ongoing tensions between the US and Iran. Higher oil flows are easing fears of a major supply shortage. Bitcoin is trading around $79,900, up more than 1% in the past 24 hours. Trading volume also increased nearly 30%
🏦 Investors are now watching Fed Chair Kevin Warsh’s Jackson Hole speech for clues about future interest rates. A dovish message could support Bitcoin and other risk assets. Prediction markets give Bitcoin a strong chance of reaching $85,000 by the end of 2026 #USCorporateProfitsHitRecordHigh #GoldRisesAbout14%InAugust #TaiwanTAIEXRetakes46500OnChipRally $BTC $RIVER $USOon
