Oil prices have surged following Iranian strikes, with Brent crude trading between $87 and $93 per barrel and WTI between $81 and $85 per barrel. The Federal Reserve has indicated that interest rates may still increase, with markets now pricing a 90% probability of no rate cuts in 2026. These macroeconomic pressures are testing the resilience of Bitcoin and other cryptocurrencies, which are sensitive to both energy price shocks and changes in interest rate expectations. The market now prices a 14.5% probability that crude oil will reach new all-time highs by December 31.
Source: Read the original article
