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Bitcoin Rebound Wobbles as Israel-Iran Strikes Push Oil Toward $100

2026-06-08 10:45:53

Abstract generation in progress

Bitcoin's rebound weakened as renewed Israel-Iran hostilities sent oil prices back toward $100 and pushed BTC near $63,316. Oilprice.com data showed Brent crude at $97.15 and WTI at $94.61 after gains of about 4.5%. CryptoQuant analyst Axel Adler said futures open interest fell 6% during the bounce. 10x Research warned not to mistake a relief rally for a recovery.

BTC2.88%

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