Bitcoin price wedged into ‘most divided’ FOMC as Iran war spikes oil prices 8%

CoinTelegraph·

Bitcoin price wedged into ‘most divided’ FOMC as Iran war spikes oil prices 8%

60-second summary

Bitcoin traders navigate a highly divided Federal Reserve interest-rate decision, with a 50% chance of a 25-basis-point rate hike and 25% chance of a 50-basis-point hike, amidst an 8% oil price surge fueled by Iran tensions.

Bitcoin traders weathered an oil-price surge and ongoing Asia chip-stock sell-off into the Federal Reserve interest-rate decision.