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Bitcoin fell to around the $77,000 mark, trading at 106.21 million won on Upbit as of 8:14 a.m. on the 3rd, down 0.75% from the prior morning, while Binance quotes were off just 0.08% as higher crude prices collided with fears of a September Fed rate hike. The transmission is through real rates and liquidity: an oil-driven supply shock that pushes the Fed toward tightening lifts the discount rate on long-duration risk assets like BTC and ETH while simultaneously raising the odds of a policy error that deepens the growth slowdown. Watch crude's trajectory and Fed officials' language on whether they will look through supply-side inflation, since a signal that they will tolerate it would ease the pressure on crypto beta and broader risk appetite.
As a Crypto signal, watch whether it changes price action, volatility, or flows around BTC, CL=F, ETH.
Original Source: 블록미디어
This page is market information analysis, not investment advice.
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