9 Hrs
Source:
TRT عربي
Oil Down, Crypto Rebounds
Oil prices fell and cryptocurrencies rebounded on Wednesday after Democrats won majorities in both chambers of the U.S. Congress, amid concerns about political gridlock and its impact on economic and geopolitical policies. Brent crude fell 1.25% to $102.31 a barrel, and West Texas Intermediate dropped 0.74% to $95.38, while Bitcoin rose 0.7% to $78,354 and Ether gained 1.4% to $2,323. Experts warn of recurring disputes over the budget and debt ceiling, as well as the possibility of a shutdown of federal agencies. The cryptocurrency sector is concerned about tighter oversight, while U.S. debt could exceed $40 trillion.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)