๐จ A reported Lukoil deal could become a crypto macro story โ but not because Lukoil is โbullish for Bitcoin.โ...
#usrussiaukrainetalksreportedlyincludelukoiloildeal
U.S.-Russia discussions reportedly include a potential multibillion-dollar sale of Lukoil's international assets, according to Reuters. But the transaction still requires U.S. and Kremlin approval, and no final deal has been confirmed.
Why am I watching it?
Because markets are already dealing with an energy โ inflation โ rates feedback loop.
Brent has been trading around $100+, while the U.S. 10Y recently hit 5.34%, its highest since 2002. Reuters has linked the bond selloff partly to higher oil and inflation concerns.
And Bitcoin just showed the other side of the equation:
softer inflation โ BTC rallies โ yields stay high โ rally fades.
So the Lukoil story gives us a new variable to watch:
Oil โ inflation โ yields โ liquidity โ crypto.
The interesting question isn't whether a Lukoil deal would be โbullish.โ
Does any change in Russia's energy/sanctions regime materially alter the oil-price pressure that is currently keeping rates elevated?
Not financial advice. The Lukoil transaction remains reported and conditional, and its eventual effect on global oil supply, inflation or crypto markets cannot yet be established.
$BTC $ETH $ZEN
#BitcoinRejectedAt$87K #Geopolitics #OilMarket #USRussiaUkraineTalksReportedlyIncludeLukoilOilDeal
#usrussiaukrainetalksreportedlyincludelukoiloildeal
U.S.-Russia discussions reportedly include a potential multibillion-dollar sale of Lukoil's international assets, according to Reuters. But the transaction still requires U.S. and Kremlin approval, and no final deal has been confirmed.
Why am I watching it?
Because markets are already dealing with an energy โ inflation โ rates feedback loop.
Brent has been trading around $100+, while the U.S. 10Y recently hit 5.34%, its highest since 2002. Reuters has linked the bond selloff partly to higher oil and inflation concerns.
And Bitcoin just showed the other side of the equation:
softer inflation โ BTC rallies โ yields stay high โ rally fades.
So the Lukoil story gives us a new variable to watch:
Oil โ inflation โ yields โ liquidity โ crypto.
The interesting question isn't whether a Lukoil deal would be โbullish.โ
Does any change in Russia's energy/sanctions regime materially alter the oil-price pressure that is currently keeping rates elevated?
Not financial advice. The Lukoil transaction remains reported and conditional, and its eventual effect on global oil supply, inflation or crypto markets cannot yet be established.
$BTC $ETH $ZEN
#BitcoinRejectedAt$87K #Geopolitics #OilMarket #USRussiaUkraineTalksReportedlyIncludeLukoilOilDeal
