Prediction Why Bitcoin Might Freefall Due To Rise In Crude Oil Prices

Last updated: June 9, 2025, 18:17

Prediction Why Bitcoin Might Freefall Due To Rise In Crude Oil Prices

The bitcoin price surged to

During downside periods of the WTI crude oil market represented as 5%, 10%, and 25% quantiles of oil prices, the price impact of Bitcoin on oil prices experiences a

Higher oil prices tend to raise the cost of producing Bitcoins. Higher volatility of Bitcoin returns is associated with higher oil prices. Oil price improves the in-sample and out

The bitcoin price surged to $106,000 per bitcoin on Sunday, climbing to a level not seen since early February and putting it in touching distance of its all-time high of

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