🇺🇸 Oil Shock Hits Markets — Why Bitcoin Isn’t Falling Yet
Bitcoin holds near $68K despite a sharp oil spike and equity weakness, but inflation risks and fragile liquidity keep downside scenarios active.
🪙 Crypto Market Overview
Bitcoin has held up surprisingly well so far, even as oil prices surged nearly 30% intraday and global equity markets moved lower.
Early selling pressure across risk assets was driven by escalating geopolitical tensions tied to the Iran conflict. However, markets stabilized somewhat after comments from President Trump suggesting the spike in oil prices may prove temporary.
That statement pushed both WTI and Brent crude away from their intraday highs, helping risk sentiment stabilize during the session.
Despite the macro pressure, Bitcoin has remained relatively resilient around the $68,000 region.
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