Key Takeaways About $500M in positions and 129,197 traders were liquidated in 24 hours as BTC broke below $83,000. Gold fell 3.4% on Sept. 28, a 2.9-sigma move The Kobeissi Letter ranks among the rarest since 2006. CME Fedwatch puts October hike odds at 70.3%, leaving $82,000 and $79,500 as the levels traders watch. It Started With Oil The chain reaction began on Monday, Sept. 28, when President Donald Trump rejected Iran’s latest proposal to reopen the Strait of Hormuz. As a result, Brent crude climbed back above $100 a barrel, up 3.2% on the day. Higher oil means stickier …

