Bitcoin Holds $64.7K as Brent Tops $83 on Houthi Strikes
Brent above $83 is not a side story. Pair a fresh oil shock with 10-year yields still parked at 4.67% and the financial-conditions lever tightens exactly as the Fed weighs its next cut.
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Brent above $83 is not a side story. Pair a fresh oil shock with 10-year yields still parked at 4.67% and the financial-conditions lever tightens exactly as the Fed weighs its next cut.
Crypto markets priced the oil shock before the Fed even met: a hawkish hold would unwind the relief rally the same way a surprise hike would, and neither solves the rate pressure already baked in.
Crypto broadly rose on Friday while Brent crude spiked to a May high on the Iran conflict, the kind of backdrop that usually punishes BTC but this time barely dented it, and that divergence is the…
Brent back above $91 on U.S.-Iran strikes has reignited the inflation worry softer U.S. price data had eased, while Friday's China AI shock keeps chip stocks bleeding into the new week.
The threat to roughly 20% of global oil supply revives inflation risk, weakening the case for rate relief traders expected later in 2026.
Headline CPI is set to fall on cheap gas, but Brent above $87 and sticky core inflation already have money markets pricing a 40-50% chance of a July rate hike.
Crypto is bleeding on a hawkish Fed repricing, an oil-fuelled inflation scare, and Strait of Hormuz risk ahead of Tuesday's CPI print and Chair Warsh's first congressional testimony.
BTC is back testing the $60K floor after new U.S. strikes reignited a Strait of Hormuz oil shock, lifting crude, the dollar and yields while equity futures retreated.
A 5% crude jump on Hormuz tensions is reopening the channel from gasoline to inflation expectations to Fed policy, and Bitcoin liquidity is sitting in the middle of it again.
The disconnect is the story: a Hormuz-driven crude spike of more than 5% left BTC pinned inside its weeks-old range, but the calendar between the July 17 OFAC wind-down and the July 28-29 FOMC is…
Bond markets had been pricing disinflation, but a New York Fed survey shows consumers expect 3.7% inflation over the next year, and renewed Middle East strikes just sent oil higher and risk assets…
A fresh US-Iran escalation is doing exactly what the February oil shock did: pushing energy prices higher, dragging rate-cut expectations lower, and forcing a rotation out of risk assets including…
The oil curve is already pricing in normalization, but the CPI data that confirms it does not arrive until August and PCE not until September 30, leaving the FOMC to lean hawkish through a…
Citi analysts have set a high bar for a repeat of 1970s-style oil shock conditions: the Strait of Hormuz would need to…