The war in Iran affects oil and bitcoin differently

Brent fell more than 13% after announcements of negotiations that were later denied by Iran. Before the war began, 20% of the world's oil passed through the Strait of Hormuz. The war between the United States and Iran impacts oil and bitcoin in different ways. Each signal about negotiations, attacks, or a possible reopening of the Strait of Hormuz can immediately alter the price of oil, as it changes expectations about the available supply. In the case of bitcoin, the reaction is less direct. The conflict also affects its price, but through factors such as liquidity, financial conditions, and global risk appetite. This difference explains why the same episode can shake the oil market without provoking an equivalent response in BTC.

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