#OilAndBitcoin
Oil prices are becoming an important macro variable for crypto traders.
Brent crude moved close to $100 as Middle East tensions increased, raising concerns about inflation and future interest-rate expectations.
Higher energy prices can create pressure across risk assets, including crypto.
For Bitcoin, the next move may depend not only on crypto-specific news, but also on how global markets handle rising inflation risks.
$BTC #Bitcoin #Macro #Crypto
Oil prices are becoming an important macro variable for crypto traders.
Brent crude moved close to $100 as Middle East tensions increased, raising concerns about inflation and future interest-rate expectations.
Higher energy prices can create pressure across risk assets, including crypto.
For Bitcoin, the next move may depend not only on crypto-specific news, but also on how global markets handle rising inflation risks.
$BTC #Bitcoin #Macro #Crypto