Global Stock News

Crypto prices dip as crude oil jumps to $115 ahead of US inflation report

Crypto prices dip as crude oil jumps to $115 ahead of US inflation report

Crypto prices continued the strong downward trend today, March 8, as the war in Iran continued, pushing crude oil prices to $115 ahead of the upcoming US consumer inflation report.

Summary

  • Crypto prices continued falling today, with Bitcoin moving to $96,000.
  • Crude oil prices jumped to over $115 on Hyperliquid.
  • The US will publish its inflation report on Wednesday this week.

Bitcoin (BTC) price dropped to $67,000 on Sunday from last week’s high of $74,000. An index tracking the top 20 cryptocurrencies dropped by 1.29% in the last 24 hours, while the Crypto Fear and Greed Index dropped to 18.

Crypto prices dropped amid signs that the war in Iran was not about to…

Source link

Share this article

Scroll to Top