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Here are the hourly news updates on the crypto market. Bitcoin stays above 73,000, but there was a pullback yesterday. Looking at the situation — the entire market is in the red, and crypto is falling the slowest. Gold is in shock, already down nine days in a row, although it usually hides first during wars. Asian stocks are also crashing.
What’s interesting in the hourly news: everyone is selling, but Bitcoin isn’t being sold as actively. A week ago, the price was around 68,000, now it has recovered to 73,700. Ether has risen to 2,320, XRP to 1.35, SOL to $83. Even Dogecoin is holding at 0.09. Other assets are losing much more because the war in the Middle East has pushed oil up to 113 barrels and is fueling inflation fears.
The hourly news reports that Goldman Sachs has revised its oil forecasts, calling it the biggest supply shock in history. Bond yields are rising, central banks are no longer cutting rates but raising them. Amid this chaos, crypto doesn’t look so bad, honestly.