Macroeconomics
Ongoing coverage on Macroeconomics.
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Bitcoin Refuses to Budge Below $65,000 as Middle East Conflict Widens
Bitcoin remained stable around $64,700 despite deteriorating macro conditions and escalating Middle East conflict. While oil prices climbed due to attacks on Saudi Arabia, bitcoin showed little movement, unlike gold which saw a 1.5% increase. The article suggests focusing on Treasury yields and oil prices as key indicators for future bitcoin movement, rather than the bitcoin chart itself.
Microsoft to Raise Xbox Console Prices Again in the U.S. - New Game Network
Microsoft is increasing the retail price of all Xbox Series X and Series S consoles in the United States starting October 3, 2025, citing macroeconomic changes. This marks the second price adjustment in 2025, with specific models seeing increases of up to $70. The company stated that prices for accessories will remain unchanged and that international prices are not affected.