Oil Prices and Bitcoin: How Rising Energy Costs May Affect Cryptocurrency
Date: 2025-06-18 Author: Gabriel Deangelo Categories: CRYPTO PAYMENTS
Macrostrategist Luke Gromen shared his opinion on how high oil prices may affect the cryptocurrency market in X. According to him, the situation is quite clear: when energy costs rise, it provokes inflation. In conditions of high inflation, the bond market experiences pressure, and investors begin to look for more reliable ways to preserve capital.
Gromen explained that in such conditions, bondholders often begin to withdraw their investments and switch to alternative assets, such as gold or Bitcoin. If oil prices continue to rise, this may become a catalyst for strengthening Bitcoin's position. At the same time, further developments in the situation largely depend on the geopolitical situation in the Middle East.
According to the analyst, if energy prices rise above a certain level, bond prices will begin to decline. This will create a dilemma for the US Federal Reserve, which will be forced to either start issuing additional dollars to buy back bonds or consider restructuring the government debt. In such a situation, Gromen believes, so-called "assets without counterparties", such as gold and bitcoin, will gain an advantage, since they do not depend on the actions of third parties.
It is worth recalling that previously well-known investor Robert Kiyosaki also spoke about the attractiveness of bitcoin. He noted that against the backdrop of economic instability, bitcoin may prove to be a more profitable tool for preserving value compared to traditional assets such as gold and silver.
Thus, according to experts, further movement in oil prices and related processes in the economy may seriously affect investor interest in cryptocurrencies. In this case, bitcoin can be considered one of the main protective assets in the context of growing inflation and instability in the debt market.
