Oil Price Falls Below $80 After Nearly 4 Months, Bitcoin to $70,000 Next?

Jun 16, 2026 - 15:30
Oil Price Falls Below $80 After Nearly 4 Months, Bitcoin to $70,000 Next?
West Texas Intermediate (WTI) crude fell below $80 a barrel on Tuesday, its first drop below that level in nearly 4 months, as hopes for a US-Iran framework deal eased concerns about global oil supply. The slide in energy prices is reshaping risk appetite across markets. Bitcoin (BTC) held near $66,650, while one major bank...

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