Markets· ★★★· bearish·

Bitcoin holds near $84K as $165.5M liquidated amid oil rally and rate-hike fears

  • —24-hour liquidations totaled $165.5M, including $20.27M in BTC, 58.2% of which were shorts
  • —BTC on Binance at $84,231 (-0.11%), ETH at $2,678.49 (-0.46%), XRP at $1.51 (-0.78%)
  • —WTI rose 1% to $93.33 a barrel after Trump rejected Iran's Strait of Hormuz proposal
  • —Fear and Greed Index slipped from 74 to 70
Why it matters: Higher oil and hawkish Fed signals pressure risk assets; this week's US inflation and jobs data are the key catalysts for bitcoin.
Source: TokenPost