Bitcoin price hovered near $67,000 as oil jumped to near $120 per barrel, while stocks slid amid growing investor concerns over global petroleum supply disruptions. Notably, Bitcoin traded around the $67k level after retesting lows of $66k late Sunday. While the crypto bellwether has bounced off the low, it’s lost all gains seen last week when prices rose to $74,000. The losses mirror action across equities, with US stock futures plunging as markets start the week on a negative footing amid an explosion in oil prices. Asian markets also fell. In early trading on Monday, oil prices rose past $115, with experts pointing to a potential spike to $150 a barrel amid the Iran conflict.
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