CryptoBearishCoinDesk · 1d ago7/10
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Oil leaving Middle East trades over $100 a barrel. Here’s how it could affect bitcoin
Murban crude oil, a benchmark for Middle Eastern oil that can bypass the Strait of Hormuz, is now trading at $103 per barrel. This oil price surge has potential implications for Bitcoin and cryptocurrency markets due to inflationary pressures and macroeconomic impacts.
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