Crude Oil Spikes Above $91: What It Means for Bitcoin (BTC)
Bitcoin’s move above $66,000 comes hot on the heels of softer inflation data, higher ETF demand, and geopolitical conditions. Why Is Crude Oil Price Rising? The market is reacting to…
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Oil Soars, Bitcoin Plunges as Trump Declares Iran MoU ‘Is Over’
The de-escalation in the Middle East appears to be threatened severely as US President Donald Trump just said the memorandum of understanding (MoU) with Iran ‘is over.’ Most assets opened…
Trump Says ‘You’re Welcome’ as Oil Is Flowing and Prices Are Dumping
US President Donald Trump took it to his social media platform Truth Social to declare that oil has begun flowing, jobs are at record levels, and prices in the US…
Bitcoin Jumps, Oil Drops as Trump Calls Off Planned Iran Strikes
Bitcoin’s price experienced a noteworthy uptick over the past hour or so, jumping from $62,300 to a multi-day peak of $63,700. At the same time, oil prices dropped hard from…
Tom Lee Links Ethereum Weakness to Rising Oil Prices
According to Bitmine Chairman Tom Lee, rising oil prices are the biggest reason Ethereum (ETH) has been struggling, and he says the inverse correlation between the two assets has hit…
Bitcoin Drops, Oil Surges as Trump Prepares to Extend Strait of Hormuz Blockade
Bitcoin’s attempt to overcome $78,000 ahead of today’s FOMC meeting was halted in its tracks, perhaps due to the latest reports on the war against Iran, and the asset dipped…
Bitcoin, Oil, and US Stock Futures React as US-Iran Resume Strikes
It was another eventful weekend in which the two warring parties exchanged contrasting and confusing statements on what is happening with their ceasefire, whether any peace talks are scheduled, and…
$760 Million Oil Shorts Placed Minutes Before Hormuz Announcement (Report)
US President Trump, alongside Iran’s foreign minister, announced a major de-escalation yesterday on the war front, indicating that the Strait of Hormuz will finally be reopened. The statement had a…
Bitcoin and Oil Surge as Trump Urges Netanyahu to Scale Back Lebanon Strikes
Bitcoin and oil are on the move again as both assets jumped to their recent local peaks of over $72,000 ans $103 per barrel, respectively. This came as US President…
Oil Prices Crash 20% After Ceasefire Deal as BTC and Gold Surge
After a few consecutive days of warning shots, the US and Iran reached a two-week cease-fire, which would allow them to negotiate for a permanent peace deal. Financial markets responded…