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EconomyBitcoin defies oil spike and rising Fed hike bets after best August since 2017

Bitcoin has remained resilient despite higher oil prices and stronger expectations of a September Federal Reserve rate hike. Attention now turns to Friday’s jobs report.

Bitcoinoil pricesFederal Reserve

TThe Block★★☆☆☆2026-09-01 11:33Original

Bitcoin defies oil spike and rising Fed hike bets after best August since 2017
Bitcoin defies oil spike and rising Fed hike bets after best August since 2017Economy