🛢️ Does oil control the fate of cryptocurrencies? 🤔🔥
It may seem distant… but every rise in the price of oil creates waves in the crypto ocean! 🌊
📈 Rising oil prices = global inflation = flight towards safe assets like Bitcoin? Or the opposite?
⛏️ Mining cryptocurrencies consumes huge amounts of energy… and every increase in electricity prices (due to oil) means higher costs for miners, which could lead to market volatility!
📉 Financial markets stagger at oil shocks, pushing investors to pull liquidity… and crypto is immediately affected.
🧨 In case of geopolitical tensions like the closure of the Strait of Hormuz, fear spreads… so are cryptocurrencies a safe haven or a new victim?
💡 The relationship is complex, indirect, but it is real and dangerous... oil not only fuels factories, but it could also ignite the blockchain!
