#rate-hike-bets

Bitcoin Slides Towards $81,000 as Oil Above $110 Revives Rate-Hike Bets

Bitcoin's price has slid towards $81,000 as oil prices have risen above $110, reviving rate-hike bets and increasing uncertainty in the financial markets. The decline in Bitcoin's price is a significant development, and it has implications for the cryptocurrency's price and the broader financial markets. The rise in oil prices is a key factor in the decline in Bitcoin's price.