Rising tensions around the Strait of Hormuz have coincided with a sharp rebound in global oil prices. Year-to-date crude has climbed by more than 60%, pushing prices near $90 per barrel.

This surge is evidence of the fear that attacks on shipping could disrupt roughly 20% of global oil exports. Because nearly 35% of seaborne oil passes through the strait, markets have quickly priced geopolitical risk into energy markets.

Source: Darkfost/ X

Here, it’s worth pointing out that Brent volatility historically aligns with transitional phases in Bitcoin [BTC] market cycles. Periods of rising oil strength often appear near major Bitcoin peaks or extended consolidation zones. For instance, strong crude rallies around 2018 and 2022…