Oil surges as the Strait of Hormuz closes, a choke point for a fifth of global supply. Prices jump on future supply risk, even without immediate blockages.
The market already sits at "Fear 30." Higher oil is a macro headwind for risk assets like crypto, impacting everything from shipping to energy bills. Would you buy the $BTC dip with inflation poised to tick up?
$BTC
The market already sits at "Fear 30." Higher oil is a macro headwind for risk assets like crypto, impacting everything from shipping to energy bills. Would you buy the $BTC dip with inflation poised to tick up?
$BTC