Oil slips below $110 on Iran deal hopes as Bitcoin holds above $80,000
Brent crude fell below $110 as hopes for an Iran deal grew, and Brazilian stocks sank. Bitcoin stayed above $80,000 while investors waited for Microsoft and Amazon earnings and rate decisions from the Fed, BOJ and ECB. Traders may watch these events for clues on where markets head next.
Why it matters
- Brent crude dropping below $110 reflects shifting expectations tied to Iran, a key oil-market driver.
- Bitcoin holding above $80,000 suggests it is steady while other markets move.
- Rate decisions from the Fed, BOJ and ECB can affect currencies, bonds and risk assets.
What to watch next
Watch the Fed, BOJ and ECB rate decisions and Microsoft and Amazon earnings, and whether Bitcoin holds the $80,000 level.
