The Strait of Hormuz was blown up: one of three oil tankers was directly blasted into flames, and the other two turned around and fled in fear. The Iranian Revolutionary Guard was very straightforward: without our approval, no one can come in or out.
Oil prices shot straight up. WTI crude surged above $90, and Brent crude hit $96. Is this inflation thing still happening or what?
When geopolitical tensions run high, safe-haven assets typically benefit. $BTC has been holding up fairly steadily recently, but if oil prices keep going crazy, tighter global liquidity could mean risk assets take a hit.
The pledged amount for $ETH is still rising—no long-term issues. $SOL ’s ecosystem is also slowly getting underway.
#Bitcoin #Ethereum #Crypto #Oil #DeFi
NFA DYOR
Oil prices shot straight up. WTI crude surged above $90, and Brent crude hit $96. Is this inflation thing still happening or what?
When geopolitical tensions run high, safe-haven assets typically benefit. $BTC has been holding up fairly steadily recently, but if oil prices keep going crazy, tighter global liquidity could mean risk assets take a hit.
The pledged amount for $ETH is still rising—no long-term issues. $SOL ’s ecosystem is also slowly getting underway.
#Bitcoin #Ethereum #Crypto #Oil #DeFi
NFA DYOR