According to BlockBeats on May 19, the World Bank forecasts energy prices will surge 24% in 2026 while commodity prices rise 16% overall, with higher oil costs pushing inflation and interest rate expectations that pressure both stock and crypto markets. Morgan Stanley's April model predicted oil prices could reach $150-$180 per barrel in extreme supply scenarios.
Bitcoin fell to the mid-$60,000s during March's energy-driven asset selloff but stabilized near $70,000, with approximately 600,000 BTC trading hands during the period. Higher oil prices have boosted U.S. Treasury yields and dollar strength, driving short-term capital outflows from risk assets and crypto.