Macro· ★★★· bearish·

Wintermute flags oil and Hormuz Strait as top risks for Bitcoin

  • —Wintermute links crypto moves to energy and macro drivers
  • —Brent crude trades near $103 a barrel
  • —Hormuz Strait tensions cited as a key risk
  • —Bitcoin target cited at $82,500
Why it matters: Higher oil prices and geopolitical tension could weigh on Bitcoin and cap its recovery.
Source: BitExpert