Bitcoin fell by up to 2.2% after failing to stay above $84,000, pressured by rising oil prices and renewed geopolitical tensions linked to the Russia-Ukraine conflict and an oil tanker fire in the Strait of Hormuz. Oil prices surged, with West Texas Intermediate crude surpassing $94 per barrel and Brent crude hitting $107.25, the highest since mid-September. These energy price increases add pressure on markets ahead of key US inflation reports due this week, which could impact expectations for inflation and interest rates, important factors for crypto market sentiment.
Bitcoin's recent drop of up to 2.2% amid geopolitical tensions and rising oil prices sets the backdrop for today's cryptocurrency market. For readers following crypto, here is Pluang's market snapshot as of Oct 12, 2026 23:32 WIB: out of 50 major cryptocurrencies, 11 rose and 38 fell. Notable movers include THETA down 4.89%, COMP down 4.87%, and FIL up 4.86%.
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Alignment Health Plan introduced Central Health Harmony, a new Medicare Advantage plan starting January 1, 2027, targeting Asian American seniors in Los Angeles and Orange counties. The plan offers access to over 600 physicians who speak Chinese, Kor...
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