An oversupply expectation in the petrol market is dominating the market. Global production capacity is meeting the rising demand pressure, creating downward pressure on energy prices. Signs of macroeconomic slowdown, uncertainty in central bank policies, and demand for alternative asset classes are part of a broad financial environment that could also impact the crypto market.
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BankruptWorker
· 10h ago
With such strong downward pressure on oil prices, it seems the macro environment isn't that optimistic.
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BlindBoxVictim
· 10h ago
Oil prices are about to drop again, this is going to be fun.
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RumbleValidator
· 10h ago
The recent drop in oil prices is essentially the old trick of oversupply. But the key is the macroeconomic logic behind it—the uncertainty in central bank policies directly impacts asset allocation, and the crypto market can't escape this wave of shocks. If node staking yields also shrink as a result, it will be problematic.
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RektRecorder
· 10h ago
The pressure from falling oil prices is so strong; this macro situation will really affect the crypto circle.
An oversupply expectation in the petrol market is dominating the market. Global production capacity is meeting the rising demand pressure, creating downward pressure on energy prices. Signs of macroeconomic slowdown, uncertainty in central bank policies, and demand for alternative asset classes are part of a broad financial environment that could also impact the crypto market.