The oil price is going up and many people expect it will go above 100 USD per barrel,or even 120 USD per barrel.How this will impact the world economy and the cryptocurrency prices?
I have many own theory about this and I will share it later,but know I'm waiting for other opinions.
Is this good or is it bad for bitcoin?
theres just no any connection between the oil price hike and the price of bitcoin but however, if arab people will able to legalize bitcoin as a part or somehow a mode for payment then maybe this time, connection will be occur between these two.