Post
Alex_Trade✔️
Crypto isn’t trading in isolation anymore.
Oil jumped over 4% on Thursday as tensions around the Strait of Hormuz intensified. US stocks also closed lower.
Why does this matter for crypto?
Higher energy prices can reignite inflation fears, keep yields elevated and pressure risk assets.
Sometimes the next crypto catalyst isn’t a token upgrade.
It’s what happens in the wider economy.
Disclaimer: de content op OKX Orbit dient uitsluitend ter informatie. Meer informatie
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