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In brief
- Bitcoin is hovering around $66,150, down about 1.7% over the past 24 hours, as volatility spreads across global markets.
- U.S. stock-index futures tumbled, with Dow futures down more than 800 points while S&P 500 and Nasdaq-100 futures each fell about 1.5%.
- Oil prices surged above $100 a barrel after strikes on energy infrastructure and disruptions around the Strait of Hormuz raised fears of supply shocks.
Bitcoin remained under pressure on Sunday, extending last week’s losses as global markets brace for another bout of volatility triggered by surging oil prices and ongoing tensions in the Middle East.
The world’s largest crypto is trading at roughly $66,456, down about 1.7% over the past 24 hours, according to CoinGecko data.
The token remains up about 1.4% over the past week, though it is down roughly 7.3% over the past month, reflecting choppy trading amid geopolitical tensions and macro uncertainty.
The move came as broader risk markets faced renewed pressure.
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