Crypto & Digital Assets news in Malaysia
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Bitcoin falls to about US$77,100 as oil and US inflation fears hit risk assets
Bitcoin ended the Sept 7-11 week around US$77,100, down roughly 3% from above US$79,000, while Ethereum held near US$2,450. Surging Brent crude above US$100 a barrel and expectations of a Federal Reserve rate hike at its Sept 16 meeting pushed investors away from risk assets.
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Unlicensed financial influencers under SC watch
Financial influencers on social media promoting investments without accreditation are being monitored by the Securities Commission. MCCA president Siraj Jalil and Bursa Malaysia advise users to check credentials and not trust online price targets.