Bitcoin slides toward $75,000, ETH, SOL, XRP drop as oil hits four-year high
CoinDesk
Major cryptocurrencies declined as Brent crude oil surged to a four-year high amid escalating tensions between the U.S. and Iran.Summary
Cryptocurrencies faced a broad sell-off as Brent crude oil prices spiked 7.1% to $126.41 per barrel, driven by reports that President Trump is evaluating new military options against Iran. This "war premium" has negatively impacted risk assets, with Bitcoin falling to $75,633 and significant drops observed in Ether, XRP, and Solana. Market analysts suggest that Bitcoin's ability to reclaim the $80,000 level depends on a de-escalation of Middle East tensions and a subsequent decline in global oil prices.
(Source：CoinDesk)