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Bitcoin surges alongside oil as BTC price finally decouples from the war narrative… until US markets opened

CryptoSlate
Bitcoin showed resilience against rising oil prices early in the day, but lost momentum once US equity markets opened and S&P 500 declined.

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)