Brent crude hits $106 as crypto sell-off intensifies with 64% odds of rate hike
Oil prices surged past $106 per barrel while 103 of the top 125 non-stablecoin tokens declined after U.S. producer prices rose 0.4% and the 30-year Treasury yield hit five-year highs. Bitcoin fell to $77,120. Ether.fi gained 14.2% following a buyback vote concluded last week.
Summaries are written by AI from the original article. Not investment advice.