Macro· ★★★· bearish·

CryptoQuant: Brent above $100 caps fresh capital inflows into bitcoin

  • —Brent trades above $100 amid Gulf tensions and Ukrainian strikes on Russian refineries
  • —Higher oil lifts production and input costs, adding inflation pressure
  • —Bitcoin has tended to slow when oil trades above its yearly average
  • —Sharp oil declines have historically opened room for BTC to recover
Why it matters: Expensive oil limits fresh capital flowing into bitcoin, making Brent a key macro signal for traders to watch.
#BTC
Source: TokenPost
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