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The Nexus
BUSINESSApr 29 · 13:56 UTCR/CRYPTOCURRENCY/u/Repulsive_Counter_79

UAE just left OPEC and oil is at $114 and bitcoin is somehow at a standstill

The UAE's exit from OPEC has caused oil prices to surge to $114, impacting global inflation and Fed policy, while Bitcoin remains stagnant amid macroeconomic pressures. Analysts highlight Bitcoin's macro-driven nature, contrasting with crypto community focus on minor token events.

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