Sept 29: Bitcoin Holds $84K Despite $107 Oil
Bitcoin is holding around $84,000 despite Brent crude trading around $106 to $107, Treasury yields above 5% across much of the curve and significant market expectations for another Fed rate hike. Strategy added another 1,665 Bitcoin for roughly $143 million while repurchasing about $152 million of STRC preferred shares, and Tom Lee's BitMine has now accumulated more than 6 million ETH. A Senate investigation also found heavy USDT usage among hundreds of sanctioned Iran-linked wallets, while Tether says it has helped freeze roughly $550 million in Iran-linked USDT this year.
The Bitget hack is…
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