Oil outpaces bitcoin and gold ahead of Fed decision
- —Brent +2.75% to $107.48, WTI +2.51% to $102.56
- —Bitcoin at $76,718, down 4.4% for the week
- —Crypto market capitalization -4.32% to $2.62 trillion
- —Probability of a Fed rate hike rose to 86.3%
Why it matters: Wednesday's Fed decision will determine whether crypto and gold keep falling under pressure from rising rates.
Source: BeInCrypto IT