Bitcoin holds $83,000 as ZEC drops 12% and oil climbs again
Why now
Thesis: Rate-hike bets and oil strength squeeze risk assets
Catalyst to watch: Wednesday PCE inflation print
Main risk: Hot PCE could deepen the selloff
Why it matters
Rising oil and renewed Fed rate-hike bets lift discount rates and pressure risk assets, with crypto and equities both exposed ahead of PCE data.
Details
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.
Sources
- coindesk · 2026-09-29 04:17 UTC