Bitcoin trades below $80,000 on Sept. 8 as oil nears $100

  • Bitcoin traded below $80,000 as oil prices approached $100 after Saudi facility disruptions.
  • $78,300 Bitcoin price fell 1.52% in 24 hours, while remaining 20% higher monthly.
  • Saudi energy facilities halted operations Tuesday after Houthi attacks, Saudi authorities said.

Bitcoin traded near $78,300 on Sept. 8, down 1.52% over 24 hours but still up 20% over the past 30 days, as oil prices approached $100 a barrel after operations at some Saudi energy facilities halted following attacks by Yemen's Houthi movement, according to Reuters citing Saudi authorities. Brent crude futures reached $99.46 before trading at $98.63, while spot Brent touched $101 before European trading began. The disruption introduces a new inflation risk that August data cannot capture. The Bureau of Labor Statistics has scheduled August's Consumer Price Index (a measure of consumer price changes) for Sept. 11 at 8:30 a.m. Eastern, ahead of the Federal Reserve's Sept. 15-16 meeting, while September CPI is not due until Oct. 14. July CPI rose 0.1% monthly and 3.4% annually, with core prices excluding food and energy increasing 0.2% monthly and 2.5% annually. Fed Governor Christopher Waller said continued disinflation would incline him to support holding rates, while hotter August inflation could prompt him to consider a hike. He also identified renewed energy-price increases as an upside risk, although earlier concerns about broader effects on goods and services had not materialized. The policy outlook also includes August employment data showing 162,000 additional jobs and 4.1% unemployment. For Bitcoin, the near-term question is whether cooler inflation data arrives alongside easing oil pressure; persistent expensive oil could complicate the case for a Fed hold, while falling crude would reduce that risk.

当サイトの情報はAIを用いて生成されており、正確性を保証するものではありません。 参考情報としてご活用ください。