US personal savings rate drops to 2.6%, nearing all-time low

The US-Iran war has again escalated with fresh strikes from both sides, a development that has now dampened hopes of an imminent peace deal. This has caused another significant decline in Bitcoin’s price, with an expert urging market participants to remove their funds from BTC.  US Strikes Iran As Expert Urges Investors To Dump Bitcoin An Al Jazeera report shows that the US shot down four Iranian drones and attacked a ground control station in Bandar Abbas, in a new escalation of the 3-month-long war. In response, Iran also struck an American airbase in Kuwait, a move that further threatens to escalate the tensions between the two sides. Bitcoin fell sharply on the back of these fresh attacks, amid fading optimism of an imminent peace deal.   Related Reading: This Bitcoin Index Just Entered The High Risk Territory As Price Stalls Before now, US President Donald Trump had said that an agreement between the US and Iran had been largely negotiated, signaling that an announcement was immin

Geopolitical tensions from US-Iran conflicts may disrupt oil supply, leading to market volatility and potential strategic shifts by OPEC. The post US attacks on Iran drive oil price surge amid geopolitical tensions appeared first on Crypto Briefing.

US sanctions on Iran's tolls in the Strait of Hormuz highlight the growing role of digital assets in geopolitical conflicts. The post Scott Bessent warns Oman of US penalties for tolls in Strait of Hormuz appeared first on Crypto Briefing.

The unraveling ceasefire heightens geopolitical risks, impacting global oil supply and crypto markets, with potential for broader economic instability. The post US-Iran ceasefire unravels amid renewed tensions in Strait of Hormuz appeared first on Crypto Briefing.

Mistral AI's ambitious infrastructure plans could redefine Europe's tech landscape, challenging US dominance and fostering regional autonomy. The post Mistral AI accelerates superintelligence development to counter US tech dominance appeared first on Crypto Briefing.

Heightened U.S. military presence in the Strait of Hormuz may escalate regional tensions, impacting global oil markets and diplomatic relations. The post US deploys over 20 warships to enforce blockade against Iran appeared first on Crypto Briefing.

Mistral AI's ambitious infrastructure plans could redefine Europe's tech landscape, challenging US dominance and fostering regional autonomy. The post Mistral AI accelerates superintelligence development to counter US tech dominance appeared first on Crypto Briefing.

AI investment is crucial for sustaining US economic growth, as its absence could lead to weakened demand and potential economic instability. The post Federal Reserve’s Williams warns US demand may weaken without AI investment appeared first on Crypto Briefing.