📰 [Bitcoin rises 5% during a volatile week; surging oil prices cast a shadow over economic prospects]

Despite intense market volatility this week, Bitcoin still rose by 5%, ultimately closing at around $77,800, with a market capitalization of $1.55 trillion. Although cryptocurrencies and U.S. stocks have shown resilience, the global economy remains under pressure overall due to rising energy costs. Key takeaways...
$BTC 5% gain? This kind of fluctuation dares to call itself a rebound. Oil prices rising will only make the Federal Reserve even less willing to cut interest rates, and liquidity will continue to tighten. Those guys on Wall Street are still fantasizing about a bull market coming back—I think this is just a dead cat bounce.