Coin World News Report:
On Friday, October 18th, the US Dollar Index rose to 103.80, while the price of gold climbed to $2,692, reaching a high of $2,696 overnight. Bitcoin surged past $67,000, reaching its highest level since 2021. Israel killed a Hamas leader and vowed to continue the fight. US retail sales data exceeded expectations, dampening dovish pricing for significant interest rate cuts.
Israel Kills Hamas Leader and Vows to Continue the Fight
According to Bloomberg, Israeli soldiers killed Yahya Sinwar, the mastermind behind the October 7th attack and leader of Hamas. His death has left a significant void in the top ranks of the extremist group and has once again put pressure on Prime Minister Benjamin Netanyahu to end the war in the Gaza Strip.
The Israeli military stated that Sinwar, who had been missing for weeks, was killed on Wednesday along with two other Hamas militants in southern Gaza. This appears to be an accidental encounter between him and the Israeli forces, a