Cryptocurrencies Fall as Oil Rises, Dollar Pressure and Inflation Concerns Mount

Cryptocurrencies declined during Thursday's trading as pressure on high-risk assets intensified, amid rising oil prices and renewed inflation concerns. International coverage describes the evaporation of crypto gains as oil remains above $111 per barrel.

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• Pressure on high-risk assets is returning due to rising oil prices, renewed inflation concerns, and anxiety over the trajectory of US interest rates.

  «في ظل ارتفاع أسعار النفط وتجدد المخاوف التضخمية، إلى جانب تنامي القلق بشأن مسار أسعار الفائدة الأمريكية»

  صحيفة الخليج
• International coverage reported that gains in cryptocurrencies have evaporated and that oil has remained above $111 per barrel.

  «Crypto gains wiped out as oil prices stay over $111 a barrel»

  Yahoo Finance
• Bitcoin under pressure from the dollar and oil, despite improving institutional demand.

  ««بيتكوين» تحت ضغط الدولار والنفط رغم تحسن الطلب المؤسسي»

  إرم بزنس

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