Macro· ★★★★· bearish·

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