Oil Beats Bitcoin and Gold Before Fed Decision
- —Brent +2.75% to $107.48, WTI +2.51% to $102.56
- —Bitcoin -4.4% to $76,718, ETH -1.79% to $2,478
- —Crypto market cap -4.32% to $2.62 trillion
- —Probability of a Fed rate hike rose to 86.3% from 59.4% a week earlier
Why it matters: Wednesday's Fed decision will determine whether crypto assets continue to fall under pressure from rising rates.
Source: BeInCrypto KR