Bitcoin traders bet borrowed money on a rally as oil surges ahead of Friday’s inflation test

Bitcoin is holding above $78,000 as Brent crude breached $100 and rising Treasury yields revived inflation fears. Data from CryptoSlate showed the flagship cryptocurrency trading around $78,451 at press time, with little sign of the pressure spreading across bond and energy markets after an escalation in the Middle East pushed Brent above the threshold for […] The post Bitcoin traders bet borrowed money on a rally as oil surges ahead of Friday’s inflation test appeared first on CryptoSlate.