⛽ 2. Oil crisis is affecting crypto indirectly
Due to rising tensions between Iran and the USA, global oil supply is being disrupted—especially around critical routes like the Strait of Hormuz. This disruption is pushing oil prices higher and increasing fears of global inflation. When inflation and uncertainty rise, investors tend to become more cautious and often sell off riskier assets like cryptocurrencies. However, on the other hand, some investors turn to Bitcoin as a “digital gold” to protect their wealth against inflation, which can support demand for crypto even during uncertain times.