Oil Prices Must Fall for Bitcoin and XRP Gains to be Sustainable
Market expert Sam Daodu has warned that oil prices must fall to around $80-$85 before Bitcoin and XRP price rallies can be sustained. The ongoing Middle East conflict has pushed oil prices above $100, leading to inflationary pressure and keeping the Federal Reserve from easing policy.
The 24/7 liquidity profile of digital-asset markets means they absorb the initial wave of risk sentiment instantly, often before traditional markets open. This can lead to sharper moves in Bitcoin and XRP price following weekend or overnight headlines.
Daodu notes that if Brent crude retreats towards $80-$85 on signs of a ceasefire or diplomatic progress, inflation pressures should ease, and the Fed may regain room to consider rate cuts. This could return risk capital to crypto markets and give Bitcoin and XRP the momentum they need to sustain gains.
