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CryptoQuant Explain How Surge In Oil Prices Hurted Bitcoin, Historically

2026-07-09 09:40:32

Story Highlights* Bitcoin drops nearly 6% as Brent crude oil surges over 10% after renewed U.S.-Iran conflict.

CryptoQuant says rising oil prices often weaken Bitcoin by reducing investor appetite for risk assets.
Historical data shows major oil rallies have repeatedly coincided with deep Bitcoin market corrections.

BTC1.66%

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