Oil Back at $100 Is Shaking Global Markets

Global markets are entering a critical phase as oil prices surge back above the $100 mark. This move is not just a headline — it is a macro shock that is already impacting equities, bonds, and crypto markets alike.

The rise in oil is driven by escalating tensions around the Strait of Hormuz, a key global energy route. Even limited disruptions are enough to tighten supply expectations and push prices higher.

👉 And crypto is reacting — but not fully yet.

Bitcoin is holding above $70,000, while Ethereum and altcoins are showing mild weakness. This suggests hesitation rather than panic — a market waiting for confirmation.

Why Oil Prices Matter for Crypto More Than Ever

At first glance, oil and…