CryptoQuant says surging oil is a headwind for bitcoin
Amid war in the Middle East, oil has jumped more than 60% since the start of the year. The geopolitical shock could stoke inflation and create a negative backdrop for cryptocurrencies, warned CryptoQuant analyst Darkfost. Oil Prices Surge Amid Hormuz Tensions: Implications for BTC and Markets “Historically, periods when oil prices regain strength often coincide […]
