Brent crude nears $98, pressuring risk assets; Bitcoin dips as $127M in long positions liquidated

On September 8, 2026, global markets faced pressure as Brent crude oil approached $98 per barrel due to Middle East tensions, fueling inflation and interest rate concerns. Bitcoin fell 1.70% to $78,302, while $127.23 million in liquidations occurred, 81.89% of which were long positions. Despite the volatility, U.S. spot Bitcoin ETFs maintained a cumulative net inflow of $3.829 billion. Meanwhile, the UK FCA is reviewing regulations for prediction markets, and Shinhan Securities has proposed a 2% Bitcoin allocation for institutional portfolios.