Bitcoin holds $83,000 as ZEC drops 12% and oil climbs again
60-second summary
Bitcoin steadies near $83,000 while ZEC slumps 12%, and Brent oil climbs for a second day, pushing global equities to a one‑week low as investors hedge against anticipated Federal Reserve rate hikes ahead of Wednesday’s PCE inflation report, signaling heightened market volatility and suggesting further pressure on risk‑off assets, and could weigh on tech stocks in the coming weeks.
Global stocks fell to a one-week low as Brent rose for a second day and traders added to bets on more Federal Reserve rate hikes ahead of Wednesday's PCE inflation data.