Oil prices resumed their rise on Friday after a three-day decline. Markets are pricing in conflicting signals about the progress of peace talks between the US and Iran.
A series of large outflows from Bitcoin ETFs has revealed an unsettling dynamic: the price level that should be bringing buyers back into the market is actually triggering selloffs.
If the Strait of Hormuz remains closed until August, it will increase the risk of an economic downturn comparable in scale to the Great Recession of 2008.
The discussion focused on expanding the dollar swap lines the Fed maintains with the world's five largest central banks.
The United States will send an additional 5,000 troops to Poland, President Donald Trump announced on Thursday.
The collapse of Bitcoin Depot fuels concerns that the traditional crypto ATM business model in the US may be unsustainable amid increasing regulatory pressure.
The dollar has come full circle since the start of the Iran war, first strengthening amid the initial surge in oil prices and then weakening following the ceasefire announcement in April.
The metal is down about 1% intraday, and has lost 4.3% over the week.
On Wednesday, the U.S. Federal Reserve proposed a new type of payment account designed for companies such as fintech firms.
Bitcoin edged slightly higher, rising above $77,000 on Wednesday, as investors cautiously assessed signs of progress in peace talks between the U.S. and Iran;