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The US-Iran conflict triggered the largest oil supply disruption in market history — at least 10 million barrels per day offline at peak, Brent crude up nearly 64%. The ripple hit crypto hard: $1.07 billion in outflows in a single week, snapping a 6-week inflow streak.
BTC is at $73.4K today, down from recent highs. The link between oil shocks and crypto is increasingly direct — when inflation expectations spike, risk assets reprice together. A deal could flip the tape quickly, but persistent friction keeps the pressure on.
Is crypto still a hedge against macro uncertainty, or just another risk asset at this point?
Just sharing my thoughts. Not financial advice. DYOR.
#USIranOilShock #OKXOrbit
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