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?
I think there is correlation between oil price and cryptocurrency price. If oil price rising, i think it will affecting to world economic. Many goods price will increasing and i think inflation will increasing too. But i dont think oil price rising will affecting to crypto price