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% over the week
- —Probability of a Fed rate hike rose to 86.3%
- —Crypto market cap fell 4.32% to $2.62 trillion
Why it matters: Wednesday's Fed decision will determine further pressure on cryptocurrencies and gold.
Source: BeInCrypto AR