Oil prices surge to $116: Macro shocks may trigger Bitcoin safe-haven deleveraging

Techub News reports, according to AMBCrypto, oil prices hit $116 per barrel: how this macro shock could trigger a Bitcoin sell-off. As oil prices surge to $116 per barrel, the market is closely watching the potential impact of this macro shock on risk assets. Analysts point out that the sharp rise in energy prices could exacerbate inflationary pressures, prompting central banks to adopt more aggressive monetary tightening policies. Such an environment increases the opportunity cost of holding non-yielding assets like Bitcoin and may trigger large-scale reductions in cryptocurrency holdings by investors seeking liquidity and safe havens. Historical data shows that during periods of high inflation and rising interest rates, Bitcoin's correlation with traditional risk assets sometimes strengthens, making it more susceptible to overall market risk-off sentiment. Currently, traders are assessing whether the deteriorating macroeconomic backdrop could force institutional investors and large holders (whales) to liquidate some of their Bitcoin positions, leading to a significant market correction.