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Brent reportedly passed roughly $101 amid Iran's claimed strikes on oil ships near Hormuz

An October 10 post says Bitcoin fell from $85,500 to $80,500 in under 48 hours during Token2049 Singapore.

JeremyJE
1 Source, 1h ago, first seen 1h ago

TLDR

An October 10 post says Iran claimed it hit commercial oil ships near Hormuz and Brent passed roughly $101 a barrel. It also says Bitcoin fell from $85,500 to $80,500 in under 48 hours while Token2049 attendees were in Singapore, with $1.14 billion in leverage liquidated in one day. The post says the Fed indicated another rate hike was likely by year-end.

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1 Source, first seen 1h ago

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Combined views

4.9K

1 Source, first seen 1h ago

79 likes61 comments2 saves7 reposts

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1 Source

Jeremy@JeremybtcBitcoin dumped $5,000 while tens of thousands of people sat in Singapore talking about Bitcoin > Token2049 Singapore fully sold out this year > On day 1 Iran said it hit commercial oil ships near Hormuz > Brent went past ~$101 > That evening the Fed showed another hike is likely by year end > $BTC dumped from $85.5K to $80.5K in under 48 hours > $1.14B in leverage got liquidated in a single day > Spot $ETH ETFs bled for seven straight sessions > Last year Bitcoin hit $126K days after Token2049 > Today is one year since 10/10 wiped out $19 BILLION > $BTC is still 34% below that top Last year everyone left Singapore euphoric and got wiped out a week later, this year it dumped while every fund, founder and KOL was in the same room1h
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    Jeremy@JeremybtcBitcoin dumped $5,000 while tens of thousands of people sat in Singapore talking about Bitcoin > Token2049 Singapore fully sold out this year > On day 1 Iran said it hit commercial oil ships near Hormuz > Brent went past ~$101 > That evening the Fed showed another hike is likely by year end > $BTC dumped from $85.5K to $80.5K in under 48 hours > $1.14B in leverage got liquidated in a single day > Spot $ETH ETFs bled for seven straight sessions > Last year Bitcoin hit $126K days after Token2049 > Today is one year since 10/10 wiped out $19 BILLION > $BTC is still 34% below that top Last year everyone left Singapore euphoric and got wiped out a week later, this year it dumped while every fund, founder and KOL was in the same room1h
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