Crypto
Oil at $105 a barrel emerges as bitcoin plunge signal; will this time be different
As international oil prices rise above $105 a barrel to the highest level in about four years, attention is on whether bitcoin will face a sharp correction as in past instances. Cointelegraph cited three cases when WTI traded above $105 and bitcoin fell within weeks: once in 2014 and twice in 2022, with declines of 14 percent to 27 percent. The analysis cautioned the sample is small and other factors may have driven those moves.
