Gold holds decline as US strikes on Iran drive energy prices higher, crypto markets feel the heat

The post Oil spike hits Bitcoin near $62K as Polymarket pegs $52K at 99.9% appeared on BitcoinEthereumNews.com. Joerg Hiller Jul 08, 2026 12:28 Tuesday’s New York Fed survey showed 12-month inflation expectations rose to 3.7% as renewed U.S.-Iran airstrikes helped drive oil up about 5%, with Bitcoin hovering near $62,000 ahead of Fed Oil spike hits Bitcoin near $62K as Polymarket pegs $52K at 99.9% Bitcoin Slips Toward $62,000 After Iran-Linked Oil Spike as Polymarket Ladder Prices July 9 Levels Renewed Middle East hostilities that pushed oil prices sharply higher have added a fresh macro shock for Bitcoin, which slipped back toward the low $62,000 area as risk markets reacted. On Polymarket’s “Bitcoin above ___ on July 9?” ladder, traders still price very high odds that Bitcoin will clear the lower strike levels by the July 9 resolution window. Key Takeaways Polymarket implies a 99.9% chance Bitcoin will be above $52,000 on July 9. Traders are weighing conflicting in

The post Federal Reserve Flags Inflation Risks After June Rate Hold appeared on BitcoinEthereumNews.com. Federal Reserve policymakers signaled that inflation remains a major concern despite keeping interest rates unchanged during their June meeting. Fresh meeting minutes revealed that officials debated several policy paths as economic uncertainty continued.  Besides persistent tariff effects, policymakers identified strong artificial intelligence investment and geopolitical tensions in the Middle East as additional inflation drivers. Consequently, investors now await upcoming economic data because future interest rate decisions remain highly dependent on inflation trends and broader market conditions. Officials Weigh Different Policy Paths Chairman Kevin Warsh led his first policy meeting on June 16-17, where officials agreed to maintain the federal funds rate between 3.5% and 3.75%. However, members expressed different expectations for the remainder of 2026.  Many anticipated stable o

The post Japanese Yen gains ground on intervention risks appeared on BitcoinEthereumNews.com. The USD/JPY pair edges lower to around 162.45 during the early Asian session on Thursday. The Japanese Yen (JPY) strengthens against the US Dollar (USD) amid fears of possible intervention from Japanese authorities. The US weekly Initial Jobless Claims report is due later on Thursday. Japan’s Finance Minister Satsuki Katayama said that Tokyo remains in regular contact with the US on foreign exchange issues and is ready to respond appropriately at any time. “The yen’s current weakness is excessive and fails to reflect the strong fundamentals of the Japanese economy, a misalignment that could prompt major central banks to launch coordinated intervention,” said Michael Nizard, head of multi-asset and overlay at Edmond de Rothschild Asset Management. According to Federal Reserve (Fed) Minutes released on Wednesday, the committee is split over whether inflation is likely to stay elevated or whether

Escalating tensions could lead to increased regulatory scrutiny on crypto markets, impacting global trade and financial stability. The post IRGC-linked channel claims large-scale missile strikes on US Gulf bases as crypto markets brace for impact appeared first on Crypto Briefing.

The post Japan Money Supply M2+CD (YoY) declined to 2.2% in June from previous 2.5% appeared on BitcoinEthereumNews.com. Gold trades with a positive bias during the Asian session on Thursday and looks to build on the overnight bounce from $4,020, or a one-week low. Minutes of the June FOMC meeting showed an evenly divided debate over the monetary policy outlook and failed to impress the US Dollar bulls, which is seen supporting the bullion. However, fresh US-Iran tensions trigger a sharp recovery in Oil prices, reviving inflationary concerns and reinforcing bets for at least one Fed rate hike in 2026. This should cap the non-yielding yellow metal. Source: https://www.fxstreet.com/news/japan-money-supply-m2cd-yoy-declined-to-22-in-june-from-previous-25-202607082351

The post Japan Foreign Investment in Japan Stocks down to ¥-22.2B in July 3 from previous ¥-1B appeared on BitcoinEthereumNews.com. Gold trades with a positive bias during the Asian session on Thursday and looks to build on the overnight bounce from $4,020, or a one-week low. Minutes of the June FOMC meeting showed an evenly divided debate over the monetary policy outlook and failed to impress the US Dollar bulls, which is seen supporting the bullion. However, fresh US-Iran tensions trigger a sharp recovery in Oil prices, reviving inflationary concerns and reinforcing bets for at least one Fed rate hike in 2026. This should cap the non-yielding yellow metal. Source: https://www.fxstreet.com/news/japan-foreign-investment-in-japan-stocks-down-to-y-222b-in-july-3-from-previous-y-1b-202607082350

Escalating US-Iran tensions may heighten crypto market volatility, prompting stricter sanctions enforcement and impacting global financial dynamics. The post US strikes on Iranian infrastructure raise geopolitical risk questions for crypto markets appeared first on Crypto Briefing.

The post Trump Strikes Iran Again—After Declaring Ceasefire ‘Over’ appeared on BitcoinEthereumNews.com. Topline The U.S. launched its latest strikes against Iran on Wednesday, renewing military action against the country as tensions flare over control of the Strait of Hormuz and after President Donald Trump said a ceasefire reached with Iran last month was “over.” The U.S. launched renewed strikes on Iran on Tuesday in response to Iranian attacks on ships in the Strait of Hormuz. Getty Images Key Facts U.S. Central Command said the strikes are being conducted to lessen Iran’s “ability to threaten freedom of navigation in the Strait of Hormuz,” adding the U.S. is “holding Iran accountable for recent unjustified aggression against commercial shipping and civilian crews freely navigating a vital international waterway.” Trump began sharing a series of videos and photos on Truth Social showing burning buildings, saying the destruction was “retribution for yesterday’s bombing of ships by Ir