Crypto Markets Rattle As Bitcoin Sinks Under $77K Following Oil Spike

Bitcoin’s technical indicators had just started flashing warning signs when crude oil markets made things worse. The MACD histogram turned red — a signal that buying pressure was fading — right as West Texas Intermediate crude surged past $104 a barrel, rattling risk assets across the board. Related Reading: Bitcoin Bull Run Brewing: ATH In Sight By Late 2026: Analyst Bitcoin Gives Back Recent Gains BTC had clawed its way above $78,000 earlier this week, briefly restoring confidence among buyers