Oil is back near $90, so why is Bitcoin still above $66,000?
- Oil’s flirting with $90, yet Bitcoin refuses to crash below $66k. The market is playing hard to get, ignoring the inflation panic that usually makes BTC bleed. Diplomacy whispers of a US-Iran ceasefire are compressing the geopolitical premium, but the real story is ETF inflows outpacing the stablecoin drain. While regulators drool over "persistence," traders are just hedging duration. It’s not a bull run; it’s a stubborn refusal to let energy costs dictate digital value. If Brent stays high and yields spike, that $65k support might as well be made of Swiss cheese. Until then, enjoy the volatility while it lasts, because when the Fed finally moves, they won’t care about your portfolio. Professional solidarity with volatility.