What happens to Bitcoin if oil price hits $180 per barrel?
A 70% oil spike could nearly double US inflation, slash rate-cut hopes, and deepen downside risks for Bitcoin prices in the coming months.
Last updated: 2026-03-21 02:14:10 ET
A 70% oil spike could nearly double US inflation, slash rate-cut hopes, and deepen downside risks for Bitcoin prices in the coming months.
Brent crude reached $103 Friday as Iran’s blockade of the Strait of Hormuz disrupted the supply of millions of barrels.
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What smart people are saying about oil's latest spike to nearly $120 a barrel
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The attacks led to a spike of more than 25% in gas prices in Europe on Thursday.
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