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Bitcoin Under Pressure as Oil Soars | Bitcoin and Crypto News
Description
Bitcoin holds steady near $64,700 as oil surges past $83/barrel after Houthi attacks spike Middle East tensions—fueling inflation fears and keeping Treasury yields high at 4.67%, delaying rate cuts and pressuring crypto. Gold rallies 1.5% to $4,300/oz as investors flock to safety. Meanwhile, Sui takes a quantum leap by embedding U.S.-approved quantum-resistant security into existing wallets, shielding users from future threats as crypto keys remain exposed forever—no wallet migration needed.
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