The post CryptoQuant Explain How Surge In Oil Prices Hurted Bitcoin, Historically appeared first on Coinpedia Fintech News
Brent crude oil has jumped more than 10% in the past two days, while Bitcoin has fallen nearly 6%. This happened just when the U.S-Iran shoot missile on each other, raising tensions at the Strait of Hormuz. Now, CryptoQuant warns that if oil prices keep rising, Bitcoin could face more downside pressure. CryptoQuant Explains the …