Oil At 9-Month High While Bitcoin Soars Past $23,000 ...Middle East

Oil prices continued to rise on Thursday morning, reaching a nine-month high on a U.S. crude inventory draw and a weak dollar, while the price of bitcoin jumped to a record high of above $23,000, just a day after hitting the $20,000 mark. The price of the most popular cryptocurrency surged to over $23,000 on Thursday morning, tripling so far this year. “These are extraordinary gains in such a short period of time and bitcoin has a history of doing well amidst the hype. Can USD30,000 be on the cards by Christmas? Why not,” Craig Erlam,…

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