#OilVolatilityReturnsToPreIranWarLevels *Oh Allah!* Grant us goodness in this world and the Hereafter, and include us among those You are pleased with. *Amen, O Lord of the Worlds!* 🤲 ❤️
$BNB *Oh Allah!* Grant us the blessings of this world and the hereafter, and include us among those who have Your favor. *Amen, O Lord of the worlds!* 🤲 ❤️
@Binance Earn Official #bnb $BNB *Oh Allah!* For those trapped in the struggles of life, whose hearts are filled with despair, and who feel broken inside, grant them peace in their hearts and fill their lives with joy. O Generous Lord, You alone know the state of our hearts; bless us with good guidance, Your love, and Your mercy. Deliver us from every hardship, accept our prayers, and grant us the ability to walk the path of Your pleasure. *Amen, O Lord of the Worlds!* 🤲 ❤️
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#bedrock $BR Post at least one original piece of content on Binance Square, with a length of no less than 100 characters. The post must mention the project account @Bedrock (https://www.binance.com/en/square/profile/bedrock), tag token $BR, and use the hashtag #Bedrock. The content must be strongly related to Bedrock & Bedrock 2.0 and must be original, not copied or duplicated. This task is ongoing and refreshes daily until the end of the campaign. Suggested talking points: https://tinyurl.com/creatorpadbedrock
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rewards from the global leaderboard. To qualify for the leaderboard and reward, you must complete each task type (Post: choose 1) at least once during the event to qualify. Posts involving Red Packets or giveaways will be deemed ineligible. Participants found engaging in suspicious views, interactions, or suspected use of automated
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The Week Ahead: Oil Shock, Middle East Tensions, and U.S. CPI Put Markets on Edge
Bitcoin sharply dipped to $66K this Monday, Asia time, while Ethereum traded around $1,953.
This has largely been driven by oil prices, which have surged nearly 20% as the Strait of Hormuz remains closed and the conflict in Iran shows no signs of ending.
CoinMarketCap’s Crypto Fear and Greed Index is around 17, indicating fear and uncertainty due to macro factors affecting market sentiment.
What Traders Should Watch Out for This Week
Traders should remain cautious on tensions between Iran, Israel, and the US; Iran’s ruling council named a new Supreme Ayatollah over the weekend, and their choice of the previous ayatollah’s son indicates that they do not plan to capitulate soon.
In other news, China’s CPI data, which will be released today, is expected to also cause a strengthening of the yuan and commodities, impacting global risk assets.
US data releases this week, such as the US CPI on Wednesday, PPI on Thursday, core PCE, and GDP growth on Friday, may also reinforce Fed hawkishness, strengthening the US dollar but affecting stock prices.
Here are the major economic indicators to watch out for this week:
March 10: NFIB optimism index and existing home sales
March 11: Core CPI year over year
March 12: Initial jobless claims, U.S. trade deficit
March 13: GDP (first revision), PCE index (delayed report), durable-goods orders, job openings, consumer sentiment (prelim)