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With oil prices rising in response to growing tensions with Iran, the rationale for additional interest-rate cuts by the Federal Reserve is disappearing.
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Bitcoin Slides Below $64,000 After Explosions Reported in Tehran BloombergThe U.S. and Israel attack Iran. Bitcoin and oil offer a glimpse at how markets could react. MarketWatchBitcoin falls below $64,000 after U.S. and Israel launch strikes on Iran (BTC-USD:Cryptocurrency) Seeking AlphaClaude AI Predicts the Price of XRP and Solana If the U.S.-Iran War Escalates Further CaptainAltcoin
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Bitcoin was tumbling on Saturday after military action was carried out against Iran by the U.S. and Israel.
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United Airlines' stock on Friday suffered its worst drop in 10 months, with other airline stocks also seeing steep declines amid rising oil futures prices and increased market jitters.
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