Bitget UEX Daily: Oil Prices Rise on US-Iran Tensions; Rate Hike Fears Weigh on BTC and Gold

Market sentiment is shifting as Fed Governor Kevin Warsh's hawkish stance pushed the probability of a September rate hike to 58-60%. Rising geopolitical tensions between the US and Iran in the Strait of Hormuz have boosted oil prices, while gold and Bitcoin faced profit-taking. Nvidia shares retreated after a recent rally, shifting investor focus toward cloud infrastructure. Bitcoin spot ETFs saw a net outflow of $202 million on August 28, ending a nine-day streak of inflows. Analysts are monitoring upcoming non-farm payroll and CPI data for further market