Oil and Gas News

Rising inflation concerns weigh on Bitcoin’s breakout as traders refuse to take on bullish positions, despite Monday’s 4% price bounce.

Bitcoin moved back above $71,000 after US President Donald Trump postponed Iran strike for five days, sending oil price crashing below $100.

Bitcoin and Asian markets dropped on Monday as Iran escalated threats to strike critical infrastructure in the Gulf.

Bitcoin price remains rocky, and BTC and equities ETF outflows soar as the US and Israel-Iran war enters a fourth week.

Gold is also being impacted by rising anticipation that the US Federal Reserve won’t cut interest rates this year, while Fed chair Jerome Powell said inflation would rise.

The disruption to the oil market and critical energy effects may have long-term economic effects that investors are not pricing in.

A 70% oil spike could nearly double US inflation, slash rate-cut hopes, and deepen downside risks for Bitcoin prices in the coming months.

Ancient Bitcoin holders moved millions to exchanges as Middle East tensions drove oil higher, fueling a broader risk-off shift across crypto and traditional markets.

Bitcoin dropped below $71,000, but the market remains tilted toward bulls as spot ETF inflows and BTC buying from Strategy boost investor sentiment.

Binance Research says US midterms could set up a rebound for Bitcoin and stocks, though oil shocks and Middle East tensions may weigh near term.

“I think the war is very complete, pretty much,” Donald Trump told reporters before posting on his social media platform later that “Death, Fire, and Fury” will reign upon Iran.

Historical data shows that Bitcoin typically gains 20% within a month of major spikes in oil prices. Should traders prepare for a rally to $79,000?

Bitcoin held strong above $67,000 amid oil surge to $119 per barrel on Middle East conflict and inflation fears, with analysts seeing signs of a potential BTC price reversal.

Bitcoin rebounded from around $65,725 to nearly $68,000 as oil pulled back from its 25% Sunday spike above $117 and market jitters eased.

Bitcoin’s price has now fallen for four consecutive days to $66,272 after initially climbing on the US-Israel strikes on Iran.