October 12th 2026, 7:08 AM
Bitcoin Taps Near $84K as Oil Prices Plummet Amid Global Relief
Key Summary
Bitcoin prices rose slightly on Monday, recovering from last week's 2% decline, as oil prices fell 2% amid hopes of a Russia-Ukraine ceasefire and improved global fuel supplies. The move helped cool concerns over sticky inflation and interest rate hikes, sparking gains in risk-driven markets.
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Investing.com-- Bitcoin rose slightly on Monday, recovering a measure of losses as a drop in oil prices, on hopes of a Russia-Ukraine ceasefire, offered some relief to risk-driven markets.
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