Bitcoin, XRP Rise While Oil Breaks $100 as Weak GDP Reshapes Market Correlations

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The opening of the U.S. trading session brought an unexpected surprise to the market: in just over the past 24 hours, oil prices have jumped by a total of 12% from local lows, as per TradingView data. Against the backdrop of a surge in oil prices, flagship cryptocurrencies Bitcoin and XRP are showing anomalous resilience and even growth, ignoring the inflationary pressure of expensive energy on risk assets.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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