
Brent near $117 as Middle East tensions threaten bitcoin and stocks
- —Brent peaked at $117.42 a barrel, highest since April
- —Bitcoin slid to $81,400 as liquidations hit $441 million
- —US and Israel reportedly plan Iran strikes after Nov. 3 vote
- —Nasdaq fell 2.6% and S&P 500 lost 1.2% on Thursday
Why it matters: Costlier oil feeds inflation and pressures risk assets; an escalation could push Brent past $120 and drag bitcoin below $80,000.
Source: BeInCrypto CN
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