Bitcoin surges alongside oil as BTC price finally decouples from the war narrative… until US markets opened
Summary
Bitcoin demonstrated a temporary decoupling from the "war narrative" by rising alongside crude oil during pre-market hours. However, the asset's intraday gains were reversed shortly after the US stock market opened, as the S&P 500 trended downward. While strong inflows and crypto-specific demand provide support, Bitcoin remains susceptible to broader risk-off sentiment triggered by equity market performance and persistent inflation concerns linked to energy prices. The market is currently balancing between strong investment flows and macroeconomic pressures, with the $78,100 to $80,100 range acting as a critical resistance zone for sustained recovery.
(Source:CryptoSlate)