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(Sharecast News) - US stocks were mixed on Tuesday morning with the Dow continuing its recent sell-off as investors turned cautious amid rising concerns about inflation, with oil prices jumping more than 2%.

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Bitcoin is on pace for its worst month in nearly a year and a half — despite the cryptocurrency’s so-called halving event on April 19, which some crypto bulls had hoped would provide a fresh catalyst for a rally.

METATEXT

Oil prices scored fresh five-month peaks Wednesday on unrest in the crude-rich Middle East and an OPEC+ call for its members to maintain its strategy of reducing output

METATEXT

Oil prices scored fresh five-month peaks Wednesday on unrest in the crude-rich Middle East and an OPEC+ call for its members to maintain its strategy of reducing output.Oil prices continued to advance with Brent crude closing in on $90 per barrel, as OPEC experts met to discuss extending supply cuts.

Oil prices scored fresh five-month peaks Wednesday on unrest in the crude-rich Middle East and an OPEC+ call for its members to maintain its strategy of reducing output.

MARKET WRAPS Stocks: European stocks moved into positive territory on Wednesday after a survey showed confidence in the eurozone economy ticked up in March, albeit still at subdued levels.... -March 27, 2024 at 06:55 am EDT - MarketScreener

Such is the allure of Bitcoin's ongoing explosive upside momentum that even on-the-fence crypto spectators like Trump are now embracing it.