G7 leaders agreed on October 2 to accelerate diesel releases from emergency reserves, making 100 million barrels available over four months to contain shortages and elevated prices contributing to inflation. Bitcoin remains sensitive to Treasury yields, the dollar and liquidity conditions after the Fed raised rates by 25 basis points in September, bringing the target range to 3.75% to 4%. US diesel prices were already retreating to $6.382 a gallon on September 28, down 14.7 cents from the prior week, though still $2.628 above year-ago levels. The coming weeks will provide a two-fold test for traders: whether physical diesel supplies reach the market as promised, and whether resulting price relief is sufficient to shift the rate outlook that has tightened financial conditions since September.
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