Oil Crisis Hurting Crypto market

Original author：TokenTales

Original source：https://www.youtube.com/embed/0NgEjQ2Kkh0

Summary: - Bitcoin hit new all-time highs but then stalled, slipping back into a range and producing a quiet month despite briefly topping $75k. - In March alone, Bitcoin outperformed gold, but year-to-date the picture reverses: gold is up 5% while Bitcoin is down ~23%. - A major driver is a global risk-off mood tied to the US–Israel war on Iran, which dampens appetite for speculative assets like crypto. - A Wall Street Journal report suggests potential U.S. military de-escalation, but continued blockage of the Strait of Hormuz is expected. - Hormuz disruptions strain energy supplies, pushing up energy prices, fueling broader inflation. - Elevated inflation pressures central banks to keep interest rates high—historically negative for risk assets including crypto. - A separate long-term threat: quantum computing’s potential to break elliptic curve cryptography that secures Bitcoin, wallets, and much of the internet. - Google researchers warn that quantum capabilities may arrive sooner and with less effort than previously thought, urging proactive crypto security upgrades. - Market reaction was uneven: Ether gained ~6% while Cardano fell ~14%; meme coins like Doge and “Trump coin” also declined. - The article leaves an open question: which poses the greater risk to crypto’s future near-term geopolitical shocks or the longer-term quantum threat?