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Bitcoin Hits One-Week High as U.S. Regulatory Optimism Offsets Iran War Concerns

Bitcoin climbed on Friday, extending recent gains and reaching a one-week high as optimism surrounding a more crypto-friendly regulatory framework in the United States helped support the market despite ongoing geopolitical tensions in the Middle East. By 01:49 ET (05:49 GMT), Bitcoin rose nearly 3% to $71,529.7, putting the world’s …

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Dollar Firms as Iran War Fuels Inflation Fears; Markets Await PCE Data

The U.S. dollar strengthened on Friday, supported by mounting concerns that the ongoing war involving Iran could trigger a surge in energy-driven inflation and influence global monetary policy. By 05:26 ET (09:26 GMT), the U.S. Dollar Index—which measures the greenback against a basket of major currencies—rose 0.4% to 100.13. Meanwhile, …

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Beating Expectations: Adobe Shocks Wall Street, Blowout Earnings Ignite Fresh Optimism Despite Slumping Stock

Adobe delivered a powerful earnings surprise in its latest quarterly report, exceeding market expectations on both profit and revenue and signaling continued strength in its core digital software ecosystem. The company posted earnings of $6.06 per share, comfortably ahead of forecasts that had expected around $5.86 per share. Revenue also …

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Will War Force the ECB’s Hand? Energy Shock Puts Europe on Alert Ahead of Key Rate Decision

Escalating tensions in the Middle East are sending shockwaves through global energy markets and raising new concerns for policymakers across Europe. The surge in oil and gas prices following the recent military escalation between the United States, Israel, and Iran is now threatening to trigger another inflationary wave across the …

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