The oil shock at $109 per barrel for Brent isn't just inflationary pressure; it's a direct tax on the global economy, triggered by the blockade of the Hormuz Strait. The bond market is in panic mode: the likelihood of an interest rate hike by the Fed by the end of 2026 has surged to 50%, painting the S&P 500 and BTC red due to a flight to 'cash'.
A stagflation scenario is becoming the baseline, and as long as the geopolitical knot in Iran remains untied, any crypto rally will be stifled by rising treasury yields.
#OilPrice #Fed #Inflation2026 #BTC #MarketCrash