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These measures exacerbated a single fear: that a broader war would keep oil prices high and force the Federal Reserve to keep rates higher for longer. Minutes from the Fed’s June meeting show that a few policymakers saw the case for raising rates before supporting holding them steady. Gold has fallen because a higher trajectory

Jurrien Timmer, director of global macro at Fidelity, says bitcoin is drifting down the pattern it has used to track it for years. This model is the power law, which plots the entire price history of Bitcoin on a logarithmic chart demarcated by three curves: an upper resistance line, a middle trend line, and a

Two of the most influential figures in Bitcoin spoke out against the project on Saturday. The strategy’s founder, Michael Saylor, said that “there are 110 things more dangerous to Bitcoin than spam,” saying the proposal “transforms a spam dispute into a consensus change that would invalidate certain currently valid paid transactions.” Precedent, he writes, constitutes

The tone-deaf response is the current trend. When Iran first closed the Strait of Hormuz in early March, Brent crude topped $100 a barrel for the first time in four years, then peaked near $120, and bitcoin sold off sharply with each escalation. Part of it is timing. Oil, stocks and bonds are closed for