Bitcoin settles near $65,000 as oil's march toward $100 fails to spook the market
The crypto market is closing out the week on a constructive note, with bitcoin BTC$64,982.24 adding as much as 1.1% since midnight UTC to $65,760 as the broader market held its ground despite a macro backdrop that should be applying far more pressure. Brent crude futures are trading at $97.66 per barrel, the highest since mid-May, as the Iran conflict shows no sign of de-escalating. While previous oil spikes have rattled risk assets including crypto, digital assets are broadly green this morning.