Oil Flares, Bitcoin Wobbles: Why Crude Now Moves The Crypto Needle

Tensions in the Middle East aren’t just fueling oil prices – they’re shaking the crypto charts too. As Brent crude flirts with volatility, Bitcoin (CRYPTO: BTC) briefly dipped below $90,000 over the weekend before bouncing back Monday, a move that James Toledano, COO of Unity Wallet, says is anything but coincidental.

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Crude Awakening: Oil’s Growing Pull On Bitcoin

“Even the whiff of higher oil prices can send the price of a Bitcoin lower,” says Toledano. He points to the direct link between rising energy costs and mining …

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