Brent Tops $106 And Hike Odds Reach 64% As Crypto Sells Off
TLDR — Almost every large crypto token fell through the overnight sessions and into Thursday's U.
Signal data─ Neutralconfidence 50%Low materiality
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Almost every large crypto token fell through the overnight sessions and into Thursday's U.S. open, as an oil shock drove long-dated Treasury yields to multi-year highs and traders raised the odds of a Federal Reserve rate increase next week to 64%. Traders put a quarter-point September increase at... Read the full story at The Defiant
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