By selhomarlopes on Skatehive
Volatile Oil: Brent crude hit the $100 mark today (peaking at $103). The disruption of flow through the Strait of Hormuz—where 20% of the world's oil passes—is the primary driver. In Brazil, the impact is already felt with announced fuel price hikes. Crypto Assets: Bitcoin is showing strength as a "safe haven" asset, trading around $72,000. However, volatility remains extreme in high-risk assets like memecoins, which react instantly to every diplomatic statement. Posted using SoMee