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Bitcoin price surges to $78k even as oil rises again creating new setup – what you need to know
By Gino Matos at 2026-05-08 10:54
Sentiment: Negative
On Apr. 21, Brent crude price rose 5.4% and closed at $99.89, touching an intraday high of $102.16. The driver for this movement was that shipping through the Strait of Hormuz stayed severely impaired, with reports noting that only three ships transited in the prior 24 hours, down from approximately 140 daily before the conflict […] The post Bitcoin price surges to $78k even as oil rises again creating new setup – what you need to know appeared first on CryptoSlate. Continue reading...
Categories: Analysis
Tags: #Analysis #Featured #Macro
Source CryptoSlate