Post
Mimi 🤎🩷
Oil prices crashed, BTC laughed: a chain reaction triggered by an election
As soon as the election results came in, Jefferies played two cards: canceling Trump's tariffs and ending the Iran war. The market instantly exploded—crude oil plummeted over 8%, the US dollar and Treasury yields both fell, while gold surged against the trend.
On the surface, it looks like a political shock, but at its core, it's the collapse of inflation expectations. When oil prices crash, the chain "oil price rises
Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more
Replies
No comments yet. Be the first to reply!
Trending crypto
BTC/USDTBitcoin
$73,899+0.01%
ETH/USDTEthereum
$2,063.16+0.02%
SOL/USDTSolana
$83.83+0.02%
Today’s market buzz
1#BTC fell below $75,000 before the US October CPI release
2#AI stocks pull back: UBS says position reset, Bank of England warns of crash risk
3#Trump says the possibility of a large-scale strike on Iran is low, oil prices plummet
