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Bitcoin's Big Moment: Is a Bullish Rally Coming?

Bitcoin's Big Moment: Is a Bullish Rally Coming?

5 articles I'm watching carefully

Tyler Dupont
October 07, 2024

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Tyler Dupont

Good morning 👋

Here's the latest news I'm tracking today.

📈 Stocks / Finance

Oil Prices Drop as Middle East Tensions Rise

Yahoo Finance

Oil prices fell as the market waits for Israel's response to Iran's attack.
Brent oil is below $78 a barrel, and West Texas Intermediate is near $74.
Analysts say oil prices will stay high until Israel and Iran resolve tensions.

Dividend ETFs Surge as Fed Cuts Rates

Reuters

Dividend ETFs gained $3.05 billion in September as the Fed cut rates by 0.5%. Investors are moving money into these funds to get higher returns than Treasury yields. However, if Treasury yields keep rising, this trend might slow down.

Rio Tinto Eyes Lithium Deal for Energy Transition

CNBC

Rio Tinto is in talks to buy U.S. lithium producer Arcadium, aiming to secure vital minerals for the energy transition. Arcadium’s shares surged 42% after the news, though no financial details were shared. Experts say Rio Tinto wants to become a top 3 lithium producer if the deal goes through.

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