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Oil prices spiked on 2026-07-13 after reported US strikes on Iran, and Bitcoin fell as investors reassessed inflation and rates, Bloomberg reported. The episode underscores bitcoin macro sensitivity to energy-led shocks and policy repricing.
Bloomberg reported on July 13, 2026 that Bitcoin weakened as oil prices spiked following fresh US attacks on Iran, reviving inflation concerns and a risk-off tone. The move reprices the path of rate cuts and real yields, a known pressure point for crypto.
Every barrel of oil consumed globally passes through a market that trades trillions of dollars a year. Here is how that market is structured and what moves it.
