Analysis: High oil prices may continue to suppress stocks and cryptocurrency assets, while soaring energy prices impact global markets According to BlockBeats, on May 19th, oil price shocks are becoming a core risk factor for the global market in 2026. Analysis indicates that the World Bank expects energy prices to rise by 24% and overall commodity prices to rise by 16% in 2026. High oil prices are exerting dual pressure on the stock and cryptocurrency markets by driving up inflation and interest rate expectations. For every 1% decrease in crude oil supply caused by geopolitics, the average international oil price may rise by 11.5%. Morgan Stanley predicted in its April model that in the event of an extreme transportation bottleneck, international oil prices could rise to $150 to $180 per barrel. In terms of the cryptocurrency market, the report points out that Bitcoin fell to the mid $60000 range during the energy driven cross asset sell-off in March 2026, but 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 points out 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 back into technology stocks and DeFi markets; But if the transportation channels in the Middle East further deteriorate, the global market may enter a "recession like" environment, and risk assets may face greater selling pressure.