Bitcoin and oil prices have shown almost no direct correlation over the past five years, with daily, weekly, and monthly price changes moving independently. While oil prices can indirectly influence bitcoin through inflation and central bank interest rate expectations, this effect is small and inconsistent. Research indicates a meaningful correlation only during 2020-2022, driven by monetary easing and liquidity factors rather than a direct link. Investors should view oil price changes as one of many signals affecting monetary policy, which in turn may influence bitcoin alongside other market forces.
Bitcoin and oil prices show little direct correlation. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Sep 29, 2026 03:53 WIB: out of 50 major cryptocurrencies, 10 rose and 39 fell. Notable movers include ATOM at Rp31.274 with a -7.46% change, CAKE at Rp46.942 down 7.12%, and SUSHI at Rp4.495 down 6.98%.
Several high-volume stocks including ITG Inc, Adicet Bio, Jaguar Health, Ocular Therapeutix, and Greenland Mines experienced sharp declines despite recent positive company news. The drops, ranging from about 19% to over 32%, appear driven by profit-t...
Kodiak Sciences surged 178% following positive Phase III trial updates for a wet age-related macular degeneration treatment. Lifecore Biomedical rose 55% after agreeing to a $663.7 million acquisition by Webster Equity Partners. YD Bio gained 22%, li...
Lifecore Biomedical's stock surged 55.24% to $6.52 after announcing an acquisition by Webster Equity Partners offering $6.28 per share in cash plus potential Contingent Value Rights up to $9.67 per share. The deal values the company at up to $663.7 m...
A director of Espey Manufacturing and Electronics Corp sold 100 shares at $64.49 each, reducing his holdings to 20,550 shares. This insider sale happened after the company reported strong 2026 financial results, including net sales growth to $46.1 mi...
Vail Resorts reported Q4 earnings per share of -$5.34, slightly better than expected, with revenue of $278.1 million surpassing estimates. The company benefited from a 5.2% rise in mountain revenues, driven by strong pass sales in Australia and stabl...
