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Oil

What next as bitcoin (BTC) and Asian equities cheer oil price slide?

What next as bitcoin (BTC) and Asian equities cheer oil price slide?

2 weeks ago by Crypto InsightsCrypto

Bitcoin BTC$77,389.41 was slightly higher on Monday as a sharp decline in oil prices helped lift Asian stock markets. At 6:35 UTC, the leading cryptocurrency by market value traded near $77,200, up 0.4% from midnight UTC, according to CoinDesk data. At that level, bitcoin was… Read More

Oil jumps 7%, bitcoin extends losses

Oil jumps 7%, bitcoin extends losses

2 months ago by Crypto InsightsCrypto

Oil futures surged on Hyperliquid after President Donald Trump ordered a naval blockade of the Strait of Hormuz, a major global supply chokepoint. The move came after Iran refused to give up its nuclear ambitions during peace talks in Islamabad earlier in the day. Perpetual… Read More

Investors need to brace for higher-for-longer interest rates after Middle East conflict shocks oil market

Investors need to brace for higher-for-longer interest rates after Middle East conflict shocks oil market

3 months ago by Crypto InsightsCrypto

Since the Iran war began, the market narrative has been simple: the oil spike, inflationary impulse and wider market volatility will be temporary and die down once the conflict halts, allowing central banks to grease the economy and markets with easy money, as they have… Read More

Bitcoin holds $71,000 as Trump warns of Iran oil strikes

Bitcoin holds $71,000 as Trump warns of Iran oil strikes

3 months ago by Crypto InsightsCrypto

Two weeks into a Middle Eastern war and bitcoin is higher than where it started. The largest cryptocurrency was trading at $71,000 on Saturday morning, down 0.7% over the past 24 hours after the U.S. bombed military targets on Kharg Island, Iran’s main crude export… Read More

BTC falls sharply along with stocks as oil soars nearly 20%,

BTC falls sharply along with stocks as oil soars nearly 20%,

3 months ago by Crypto InsightsCrypto

In what’s become a familiar scenario in crypto over the past few months, prices are starting the week on the wrong foot. After little sign over the weekend of any de-escalation in the U.S. war against Iran, the price of oil has exploded higher in… Read More

Bitcoin (BTC) price drops toward $70,000 as Iran war sends oil price higher

Bitcoin (BTC) price drops toward $70,000 as Iran war sends oil price higher

3 months ago by Crypto InsightsCrypto

Bitcoin is on the cusp of falling below $70,000 for the first time since Wednesday, after climbing as high as $74,000 earlier this week. The decline reflects a broader risk-off shift in markets as investors position ahead of key U.S. macroeconomic data and the developing… Read More

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