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Bitcoin holds $78K as U.S.-Iran clash lifts oil
Bitcoin traded near $77,900 on Aug. 31
despite renewed fighting between the United States and Iran that pushed oil prices higher and pressured global equity markets
Bitcoin held near $77,900 after U.S. strikes on Iranian launchers lifted oil and pressured equities.
BTC gained roughly 23% during August, outperforming reported monthly gains for gold and Nasdaq equities.
Brent crude climbed above $90 as renewed
Strait of Hormuz fighting revived supply disruption concerns.
September rate-hike probabilities rose after Federal Reserve Chair Kevin Warsh maintained a hawkish inflation stance.
August employment data arrives September 4, providing Bitcoin's next major test across macroeconomic markets globally.#GateLaunchesJapaneseStockTrading #U.S.StrikesIranBTCDips #GateIdleEarnAutoYieldUpTo3% #GateEventContractTradeSharingChallenge #USVenezuelaOilDeal $BTC