Oil spiking above $70 could cause new Bitcoin selloff if the Fed turns less patient

Oil isn't supposed to be the story in 2026. The macro narrative powering “cuts soon, liquidity soon” trades relies on disinflation staying intact. However, Brent jumped 4.35% to $70.35 on Feb. 18, and WTI surged 4.59% to $65.19 after headlines revived the risk of a US-Iran conflict and Russia-Ukraine talks ended without breakthroughs. This isn't […] The post Oil spiking above $70 could cause new Bitcoin selloff if the Fed turns less patient appeared first on CryptoSlate.