The Impact Mechanism of Oil Prices on Bitcoin - Binance Oil Shocks Amplify Volatility, Not Direction Consistent with Ali et al (2025), oil price shocks increase BTC's short-term volatility (second moment) but do not determine its return direction (first moment)
Oil price and the Bitcoin market - ScienceDirect Higher oil prices tend to raise the cost of producing Bitcoins Higher volatility of Bitcoin returns is associated with higher oil prices Oil price improves the in-sample and out-of-sample forecasts of Bitcoin prices Higher utility gains can be derived in Bitcoins when oil price is observed
How oil prices affect the development of Bitcoin - virtune. com Recent geopolitical tensions in the Middle East have contributed to rising oil prices and increased uncertainty in financial markets For crypto assets such as Bitcoin, the impact often occurs indirectly via inflation and interest rate expectations