Bitcoin rebounded near $62,000 after recovering from last week’s lows, supported by optimism over Federal Reserve policy. Ethereum and major altcoins also gained, though investors remain cautious amid inflation, geopolitical tensions, energy prices and mixed ETF investment flows.
Oil Price Today (August 26): Crude oil tanks 6% in two days to hover near $85. What’s behind the decline?
Brent crude futures were down $2.35, or 2.65%, at $86 a barrel, while U.S. West Texas Intermediate crude futures fell $1.94, or 2.36%, to $80.42.