Crypto, the war with Iran, and oil prices: global shocks could slow down the market’s highs


Cryptocurrencies are under pressure as the war around Iran escalates, and traders are beginning to expect the unexpected: the disruption of traffic in the Strait of Hormuz.

If this demand cage is closed, oil prices will rise, and when oil prices rise, inflation will follow. This puts the Federal Reserve in a bind, forcing it to keep interest rates high for a long time.

Walcrypto He is not protected from that. Although there has been some speculative buying due to the headlines about the number of flights in the region, the overall outlook seems heavy. When it’s running Bitcoin Related to regular dangerous goods, not exempt.

Instead of acting like digital gold, the market acts like cash is the safe haven. In real power situations, the first step is not to move to crypto, but to remove risk in most cases.

Highlights:

  • Consistency has increased Bitcoin It’s traders blocking to close Hormuz Riverwhich could disrupt one-fifth of the world’s oil supply.
  • he would get up Oil prices Up to levels over $90 per barrel to maintain Rising prices Higher, which could lead to the removal of the rate cut by the Federal Reserve in the second quarter.
  • When it saves Capital Flight Stablecoin USDT has found local support, but rising global risks are controlling the market and suppressing the upside.

Bitcoin and Cryptocurrency Volatility Jumps as Iran War Fears Trigger $128 Million Liquidation

The crypto market’s initial reaction to the Iran war was chaotic rather than clear. CoinGlass data shows that more than $128 million was withdrawn in just 4 hours following reports of the IRGC’s “Operation True Promise 4”. About 80% of these closures were long, where drunken traders bet wrongly and were quickly removed.

Source: Coinglass

Bitcoin crashed Originally about $63,000 as soon as the story came out, then it came back as more information came out. but Jumping It seems mechanical and not due to confidence; Open interest fell sharply, indicating that sales desks are working to reduce risk rather than buying deep into the bottom.

This is the ethos of the time of panic: sell first, think again later.

Stocks show the same pattern; The S&P 500 saw a breakout, and Bitcoin’s connection to the tech sector remained strong during the crisis. Whatever the story of digital gold says, in times like these, Bitcoin is sold as a very risky asset rather than a safe haven.

Rising oil prices threaten to derail the Fed’s plans to adjust its policy

The real danger to crypto may not be in headlines, but in oil. If the flow is disturbed Hormuz RiverUp to 21 million barrels per day could be affected, representing about 20% of global production. Even a small disruption in history will lead to price jumps.

If crude oil settles above $100, inflation will return quickly, blocking the Fund; Interest rate cuts are slow, currencies remain tight, and crypto has high interest rates for a long time.

Source: BTCUSD / TradingView

Some scholars also suggest later events. While most desks still see the $58,000 to $60,000 range as the most supportive area for Bitcoin, below that they are relying heavily on the Fed not to turn too hawkish.

There is an opposing force: a great escape. Demand has jumped Stablecoins In some parts of the Middle East with local currencies fluctuating, Bitcoin and USDT have become safety valves. But the rise in sales from troubled regions does not eliminate the large outflow of institutions due to the economic downturn.

Altcoins are already showing signs of concern; With no new currency, Ethereum is a major sector struggling to continue its growth. If the US 10-year yield returns to 5% driven by a sharp rise in interest rates, risks may remain under pressure.

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A note Crypto, the war with Iran, and oil prices: global shocks could slow down the market’s highs appeared for the first time Cryptonews Arabic.



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