Can rising oil prices boost Bitcoin's price?
In recent weeks, the global economy has faced new challenges. Conflicts in the Middle East have led to a sharp rise in oil prices, affecting financial markets worldwide. The price of Brent crude oil exceeded $90 a barrel, the highest level since mid-2024. Simultaneously, problems have arisen in the transport of oil through the Strait of Hormuz, one of the most important energy supply routes. The number of tankers passing through this strait has significantly decreased, further increasing market concerns.