Oil Price Butchered as US Stocks Breach ATH: Can Bitcoin Mirror the S&P 500?

Author Ahmed Barakat Author Ahmed Barakat Part of the Team Since Aug 2025 About Author Ahmed Balaha is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation. Fact Checked by CryptoNews Editorial Team Author CryptoNews Editorial Team Part of the Team Since The post Oil Price Butchered as US Stocks Breach ATH: Can Bitcoin Mirror the S&P 500? first appeared on News.

News Jul 10, 2026 0 2 Add to Reading List

Oil Price Butchered as US Stocks Breach ATH: Can Bitcoin Mirror the S&P 500?

Bitcoins

Author

Ahmed Barakat

Author

Ahmed Barakat bitcoins Verified

Part of the Team Since

Aug 2025

About Author

Ahmed Balaha is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation.

Fact Checked by

CryptoNews Editorial Team

Author

CryptoNews Editorial Team bitcoins Verified

Part of the Team Since

Sep 2018

About Author

The CryptoNews editorial team is composed of seasoned writers specializing in cryptocurrency and blockchain technology. Their expertise ensures comprehensive, accurate, and insightful content for…

Last updated:

May 25, 2026

bitcoins Bitcoin and rising stock market graph merging in purple-magenta gradient with grid overlay

The S&P 500 blasted to a record 7,534 on Memorial Day as oil price plummeted on potential Middle East de-escalation. A tentative framework agreement between the Trump administration and Iran to reopen the Strait of Hormuz sent Brent crude tumbling back below $100 per barrel, gutting the geopolitical risk premium that had kept institutional allocators defensive for weeks.

monday, bank holiday, pre-market and yet $SP500 and $NQ are sitting well above the last ATH.

$SP500 has had a total of 9 weekly green bars which is absolutely insane. pic.twitter.com/mFnqRYis4y

— Dren (@dren_fazliu) May 25, 2026

Spot BTC ETF flows have yet to turn positive after a bloody week. Can Bitcoin take advantage of this situation? Or is the downtrend yet to bottom?

Discover: The Best Crypto to Diversify Your Portfolio

Bitcoins Bitcoin S&P 500 Correlation Could be Back

The Bitcoin correlation with the S&P 500 is not just a background statistic. During prior risk-on equity waves, Bitcoin’s 90-day correlation with the S&P has repeatedly climbed into the 0.3–0.5 range, compared with near-zero or negative readings during risk-off periods.

UBS had projected the S&P 500 reaching 7,500 by year-end 2026 on the back of roughly 14% earnings growth, with approximately half of that expansion driven by AI and tech. The index hitting that target ahead of schedule compresses the forward timeline for every correlated risk asset.

Bitcoin’s price structure shows a clean reclaim of the 200-day EMA, with horizontal resistance clustered near its prior all-time high. The technical setup is not ambiguous after it reaches what looks to be a local bottom. But the question now is whether macro momentum holds long enough to push through it.

The primary variable to watch is institutional infrastructure demand, specifically whether the Nasdaq options market and spot ETF complex continue to absorb supply at current levels or begin showing outflow pressure ahead of the next macro data print.

Bitcoins Oil Price Collapse Is the Disinflationary Shock Crypto Has Been Waiting For

Brent crude tumbling back below $100 per barrel is not just an equity catalyst; it is a direct input into the inflation trajectory that has kept the Federal Reserve hawkish and crypto markets range-bound.

The Iran deal oil price dynamic runs a clean causal chain: lower crude means lower CPI expectations, which would likely be followed by the Fed less compelled to hold rates restrictively, dollar softens, liquidity conditions loosen, so risk assets, including Bitcoin, can reprice higher.

Read Original

Facebook Twitter Whatsapp Linkedin Pinterest

What's Your Reaction?

0

Like

0

Dislike

0

Love

0

Funny

0

Angry

0

Sad

0

Wow

DO NEWSFEED

Supporting doacWeb to be more than open publishing platform, free blogging and contributor network. DO (RSS) NEWSFEED is a RSS reader that displays contents from multiple (user-chosen) websites or blogs by default on doacWeb using RSS Feeds. It is also RSS Aggregator that operates in distributing contents, displaying sources from multiple websites or blogs by default from RSS Feeds possible. See: Phoenix Newsfeed, Opera News, Google News, HuffPost (Huffington Post) ......