📈 Oil on the rise: What does this mean for #Bitcoin?
Brent and WTI futures are up 0.6% driven by:
🔹 Expectations of trade dialogue between China 🇨🇳 and the U.S. 🇺🇸
🔹 New threats of sanctions against buyers of Iranian crude oil 🇮🇷
But… how is this connected to BTC? 🧠
🔸 + Expensive oil = + Inflation
Bitcoin gains prominence as a refuge against loss of purchasing power.
🔸 + Trade optimism = + Risk appetite
Assets like BTC tend to benefit in “risk-on” environments.
🔸 And the dollar?
Tensions could strengthen the USD… but if inflation presses it, $BTC could receive flows as an alternative.
👉 In an uncertain world, interest in decentralized assets like Bitcoin could intensify.
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