Hupzy (Spot On Chain)|7ๆ 23, 2026 03:10
๐จ US oil has broken above $๐ด๐ด/๐ฏ๐ฎ๐ฟ๐ฟ๐ฒ๐น, up ๐ฏ๐ญ% ๐๐ถ๐ป๐ฐ๐ฒ ๐๐๐น๐ ๐ฎ๐ป๐ฑ as the Iran conflict escalates with no de-escalation in sight.
๐๐๐ฝ๐๐ ๐๐ฎ๐ธ๐ฒ: A 31% oil rally in three weeks is a real-time supply shock, not a routine price update. The transmission chain to crypto is direct: oil spike โ inflation โ rate expectations rise โ bearish for risk assets. With 10Y yields at 52-week highs and 30Y above 5% for 27 days this year, each $5 move toward $90+ tightens the screws and raises the odds of a Fed response.
For BTC, the crosscurrent is real โ the inflation-hedge narrative could draw bids, but rising rate pressure historically weighs on risk assets. Watch whether BTC holds or rolls over if WTI pushes toward $90.
source: KobeissiLetter
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