Bitcoin price drop and oil price surge correlation during Middle East conflict in April 2026.
Blockchain News

Breaking: Bitcoin Drops 2% as Oil Prices Surge 20% on Middle East Fears

On Sunday, April 13, 2026, global financial markets experienced significant volatility as Bitcoin dropped nearly 2% in just 15 minutes while oil prices surged approximately 20%. This dramatic price action followed escalating tensions in the Middle East, specifically new threats from Iran regarding tanker traffic through the critical Strait of Hormuz. The simultaneous movement highlights […]