Bitcoin’s Rollercoaster Ride: $1B ETF Inflows Can’t Save It from Oil’s Gravy Train

Picture this: Bitcoin, that digital rogue, took a nosedive after the U.S. and Israel decided to play a game of “who strikes first” with Iran, sending shockwaves through every market like a catapulted cow. Prices plummeted to $63,000 before deciding to bounce back toward $67,000-because why not? Traders, caught between geopolitical jitters and their own hefty bets, were left scrambling like chickens with their heads cut off. Meanwhile, energy markets reacted faster than a dog chasing a squirrel, while equities and crypto floundered in a sea of confusion. According to the wise folks at Wintermute, it seems our dear digital assets are more influenced by global turmoil than by the coins themselves.



