Wednesday 07 October 2026 07:00 UTC
Geopolitical risk is elevated this morning: Iranian tanker attacks have driven oil sharply higher, creating a risk-off impulse that is weighing directly on BTC. The DXY is nudging higher at 102.09 (+0.26%), US10Y sits at a restrictive 5.27%, and gold is softening (-0.68%), suggesting a rotation rather than a pure flight-to-safety. The dominant intraday catalyst is FOMC Meeting Minutes at 14:00 ET (19:00 UTC) — expect liquidity to thin and spreads to widen in the two hours ahead of the release; positioning into that window is high-risk.