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Bitcoin edges lower as tensions between the U.S. and Iran continue and investors bet on the Federal Reserve pivoting towards raising interest rates. "The oil price has risen once more, as the U.S.-Iran stalemate continues, and with reports of attacks and the seizure of ships in Oman and the UAE," Interactive Investor's Richard Hunter says in a note. The impact was demonstrated by U.S. data earlier this week showing higher-than-expected consumer prices, wholesale inflation and import prices. The market now sees a 60% chance of a 25 basis-point Fed rate increase by year-end and is fully pricing in a move by March 2027, LSEG data show. Bitcoin falls 0.9% to $80,666, according to LSEG. (renae.dyer@wsj.com)
source: https://www.tradingview.com/news/DJN_DN20260515002443:0/
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