Just noticed BTC pulling back a bit while oil keeps climbing above $100. Apparently some tanker attacks are keeping energy prices elevated, and that's usually a sign of broader market stress. When geopolitical tensions spike like this, risk assets tend to get pressure. BTC has been holding above recent lows though, so there's still some support in the market. The correlation between oil spikes and crypto volatility is real - when commodity markets get jittery, capital flows tend to shift. Worth keeping an eye on how this geopolitical situation develops over the next few days. If tensions ease, we might see some relief across risk assets including crypto.

BTC-0.4%
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