Bitcoin nursed fresh losses on Thursday after bearing the brunt of soaring energy prices, with Brent crude oil rising to $114 and Oman crude pushing up to $150.
European natural gas futures followed suit, surging about 25% to above $78 per MWh on Thursday as Iran attacked key Gulf energy infrastructure after an Israeli strike on its South Pars gas field.
Bitcoin traded near $70,000 having lost 1.6% since midnight UTC while ether (ETH) dropped 1.7% to $2,160.
The Federal Reserve also had an impact after it left rates unchanged in the 3.50%–3.75% range on Wednesday, pausing a rate-cutting cycle to boost the U.S. dollar.
Risk assets tumbled across the board as a result, with Nasdaq 100 futures down by around 0.3% since midnight…
