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Crypto Languishes As Oil Prices Soar

Crypto Languishes As Oil Prices Soar

Crypto Languishes As Oil Prices Soar
Crypto Languishes As Oil Prices Soar

Cryptocurrency prices continue to languish as crude oil prices soar with no end in sight to the war in Iran.

Bitcoin (CRYPTO: $BTC) ended the week trading below $67,000 U.S., while Ethereum (CRYPTO: $ETH) fell to right around $2,000 U.S. per token. 

Smaller cryptocurrencies such as Solana (CRYPTO: $SOL) an XRP (CRYPTO: $XRP) also fared poorly amid a continued selloff in stocks and other risk assets. 

More From Cryptoprowl:

Markets around the world turned lower after U.S. President Donald Trump delivered a speech in which he said the Iran war would last for several more weeks. 

Trump’s comments sent crude oil prices up more than 10% in a single day, putting pressure on…

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