Bitcoin slides toward $75,000, ETH, SOL, XRP drop as oil hits four-year high
Crypto sold off across the board with bitcoin down 2.1% and ether off 3.4% as Brent crude surged 7.1% to $126 a barrel on reports President Trump is being briefed on military options for Iran.
Given the significant sell-off in cryptocurrencies and the surge in oil prices, further downward pressure on crypto prices is likely as market participants react to geopolitical tensions. Expect continued volatility in the crypto market as traders assess the impact of rising oil costs on inflation and risk appetite.
Crypto sold off across the board with bitcoin down 2.1% and ether off 3.4% as Brent crude surged 7.1% to $126 a barrel on reports President Trump is being briefed on military options for Iran.
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