The World Bank predicts that high oil prices will put pressure on the cryptocurrency market

According to the World Bank's forecast, energy prices are expected to rise by 24% and commodity prices by 16% in 2026. High oil prices will exert dual pressure on the stock and cryptocurrency markets by driving up inflation and interest rate expectations. Geopolitics leads to an average increase of 11.5% in international oil prices for every 1% decrease in crude oil supply. Morgan Stanley predicts that if there is an extreme transportation bottleneck, international oil prices may rise to $150 to $180 per barrel. The report points out that Bitcoin fell to the mid $60000 range during the energy driven cross asset sell-off in March 2026, and then stabilized around $70000; During this period, approximately 600000 BTC were traded. Analysis suggests that high oil prices have driven up US bond yields and the strength of the US dollar, leading to a short-term withdrawal of funds from risky assets and the cryptocurrency market. The report also mentioned that if energy supply stabilizes in the second half of 2026 and oil prices fall back to the $80 to $90 range, global liquidity may flow into technology stocks and DeFi markets; But if the transportation channels in the Middle East deteriorate, the global market may enter a "recession like" environment, and risk assets will face greater selling pressure.