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Oil has risen to $119 – such prices haven't been seen since summer 2022 🔼
The largest oil shock in human history is happening, and there is no clear understanding of when de-escalation will occur.
Gasoline in the US risks doubling in price, which definitely won't help Republicans in the fall elections.
Gold, silver, and the S&P 500 futures are falling again as the dollar index rises.
However, BTC is going against the trend and has recovered above $67k.
Perhaps someone decided to hedge geopolitical risks in the first cryptocurrency and is currently generating high demand.
Let's see how long they can hold on ☹️