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Bitcoin Surges Amidst Oil Disruptions and Precious Metals Volatility

09 Jul 2026, 04:00 - 08:00 (UTC)
1. Bitcoin price broke $63,000, while US spot Bitcoin ETFs saw net outflows and Ethereum ETFs recorded significant inflows.
2. Norwegian oil production lost 2.4 million barrels due to strikes, and Brent Crude fell 1% amidst assessments of US strikes on Iran.
3. Spot Palladium surged nearly 3% to $1,249.85/oz, and HSBC revised its gold price forecasts for 2026-2027.
#Bitcoin #CrudeOil #Gold #Palladium #CryptoNews #MarketAnalysis #TradingInsights #GlobalMarkets #Commodities #ETFs