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Bitcoin holds $83,000 as ZEC drops 12% and oil climbs again

Published Source: CoinDeskRead original

Crypto Insight Summary: 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. Crypto Insight Analysis: Direction: Bearish BTC / Bearish ZEC Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Rising oil prices and Fed rate hike expectations pressure risk assets.

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Bitcoin holds $83,000 as ZEC drops 12% and oil climbs again — Crypto Insight