The ECB just flipped the script on Crypto. 🚨
Energy costs are surging, and Euro swap markets are now fully pricing in two rate hikes for 2026.
With Brent crude holding above $108, the "inflation floor" has officially moved.
The resilience of $BTC at $70k is being tested by a new correlation spike.
Higher energy costs are squeezing miner margins, forcing new $BTC into the market.
Liquidations hit $250M as traders rotate from long positions into stablecoin hedges.
The "easy money" era is meeting a vertical energy wall.
Are you betting on a relief rally if the IEA releases reserves...
Or is the ECB’s hawkish tilt the new ceiling for risk?
#MacroUpdate #ECB #EnergyShock #bitcoin #cryptotrading
ETH
2,143.5
+0.50%