【Oil Prices Surge Past $102, Yet Bitcoin Still Jumps 6%? 😱🔥】
Join the X Mr. fan group on the homepage 🔥
Something truly surreal happened this week.
On Monday, Trump just said that the two countries won’t fight over energy.
But within days, a nuclear power plant was hit by an attack.
On Friday, the International Atomic Energy Agency confirmed one thing.
The nuclear power plant in Kursk was struck by a drone.
It hit the reactor’s cooling tower—the unit was still operating.
Director General Grossi’s response was firm.
He said attacking nuclear facilities is unacceptable, regardless of the country.
Those words sound like a reminder to someone—everyone gets the point.
This plant also isn’t the first time it’s been hit.
Back in August last year, it took a hit—the transformer exploded and caught fire.
Emergency teams rushed in and managed to put out the blaze.
More importantly, it’s located in Russia’s heartland.
It’s only about 40 kilometers from the city of Kursk.
It has long been a mainstay power source for the local area, with huge electricity output.
Over in the energy markets, the reaction is even more direct 🛢️.
WTI crude oil is up nearly 1%, climbing above $102.
That’s already the new high for this round.
And the tougher part is still coming.
There are reports that Saudi Arabia will cut off supplies to European refineries next month.
The Hormuz line is still not open as of now.
When oil rises, inflation expectations follow suit.
The U.S. 10-year Treasury yield has returned above 5%.
The 2-year yield has also climbed to 4.75%.
The Fed just added 25 basis points this week.
Traders say that’s not enough and are betting on further tightening before year-end.
That probability has already risen to 44.3%.
In the usual script, risk assets should fall around this time.
The Dow fell by 200 points, while the S&P 500 and Nasdaq are entirely green.
But Bitcoin did the opposite—up 6% in a day 🚀.
It directly surged through the $80,000 mark.
In 24 hours, $250 million worth of short positions were liquidated.
Crypto-related stocks jumped more than 10% in a single day 💥.
The fire of geopolitics burns into energy.
The fire of energy burns into inflation.
But this time, Bitcoin just happens to move higher.
📌 Oil is up past $102, U.S. Treasuries are up over 5%, and Bitcoin flipped and cast a “no” vote.
With a pile of bad news like this, how many days do you think this rally can last? Let’s chat in the comments.
Join the X Mr. fan group on the homepage 🔥
Something truly surreal happened this week.
On Monday, Trump just said that the two countries won’t fight over energy.
But within days, a nuclear power plant was hit by an attack.
On Friday, the International Atomic Energy Agency confirmed one thing.
The nuclear power plant in Kursk was struck by a drone.
It hit the reactor’s cooling tower—the unit was still operating.
Director General Grossi’s response was firm.
He said attacking nuclear facilities is unacceptable, regardless of the country.
Those words sound like a reminder to someone—everyone gets the point.
This plant also isn’t the first time it’s been hit.
Back in August last year, it took a hit—the transformer exploded and caught fire.
Emergency teams rushed in and managed to put out the blaze.
More importantly, it’s located in Russia’s heartland.
It’s only about 40 kilometers from the city of Kursk.
It has long been a mainstay power source for the local area, with huge electricity output.
Over in the energy markets, the reaction is even more direct 🛢️.
WTI crude oil is up nearly 1%, climbing above $102.
That’s already the new high for this round.
And the tougher part is still coming.
There are reports that Saudi Arabia will cut off supplies to European refineries next month.
The Hormuz line is still not open as of now.
When oil rises, inflation expectations follow suit.
The U.S. 10-year Treasury yield has returned above 5%.
The 2-year yield has also climbed to 4.75%.
The Fed just added 25 basis points this week.
Traders say that’s not enough and are betting on further tightening before year-end.
That probability has already risen to 44.3%.
In the usual script, risk assets should fall around this time.
The Dow fell by 200 points, while the S&P 500 and Nasdaq are entirely green.
But Bitcoin did the opposite—up 6% in a day 🚀.
It directly surged through the $80,000 mark.
In 24 hours, $250 million worth of short positions were liquidated.
Crypto-related stocks jumped more than 10% in a single day 💥.
The fire of geopolitics burns into energy.
The fire of energy burns into inflation.
But this time, Bitcoin just happens to move higher.
📌 Oil is up past $102, U.S. Treasuries are up over 5%, and Bitcoin flipped and cast a “no” vote.
With a pile of bad news like this, how many days do you think this rally can last? Let’s chat in the comments.
