Oil Prices Hit 60% Gains Amid Hormuz Crisis: What It Means for Bitcoin and Financial Markets

TLDR: Oil prices have surged over 60% since the year began, driven by escalating tensions at the Strait of Hormuz. CryptoQuant’s Darkfost warns that rising oil prices historically align with Bitcoin’s end-of-cycle market phases. G7 nations are weighing a coordinated release of up to 400 million barrels to stabilize surging oil prices. Prolonged energy price [...]

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