Oil vs. Crypto Correlation 🛢️
Headline: Why your portfolio is moving with Brent Crude
The recent downing of a drone in the Arabian Sea has pushed oil prices up, and crypto is following suit.
The Connection: Higher energy costs often lead to inflation fears, traditionally driving investors toward limited-supply assets like $BTC and $SOL.
Watch Out: If the planned Oman talks see a breakthrough, expect a sharp "cool-off" in both oil and crypto prices.
Action: Watch the $68/barrel mark for oil—it’s currently a major sentiment driver for the broader markets.
#MarketUpdate #USIranStandoff #OilPrices #Macro

