#OilTops$100📉 Macro Pressure: The "Inflation Hedge" Reality Check
While Bitcoin is often touted as "digital gold," it is currently trading more like a high-beta tech asset.
‱ Inflation Spikes: Every $10 jump in oil typically adds ~20 basis points to the CPI. With oil holding above $100, expectations for Fed rate cuts are being slashed, which is historically bearish for crypto.
‱ Liquidity Squeeze: As energy costs rise, disposable income and corporate liquidity tighten. This often leads to "forced selling" in liquid assets like BTC and ETH to cover margins or costs elsewhere.