Bitcoin under pressure as Brent jumps almost 4%

Bitcoin remains near $64,000 despite a strong surge in oil and a more tense market climate. Brent jumped with the military escalation between Washington and Tehran, rekindling inflation fears. However, BTC is not stalling. This resistance is intriguing, because it comes at a time when risky assets are also experiencing the backlash from the Kimi AI shock.

Bitcoin: a fragile calm in the face of oil

Bitcoin is holding around $64,000 in a context that could have caused a more brutal sell-off. The surge in oil prices raises the same concerns as those observed during the last debates on American inflation. When energy rises, markets often anticipate a more cautious Fed.

Brent crude rose to $91.42 per barrel. This level had not been seen since June. The increase comes from cross-strikes between the United States and Iran, which broaden geopolitical risk beyond just military objectives. Normally, this cocktail weighs on bitcoin. Expensive oil, possible inflation, higher rates for longer: the trio reduces the appetite for risky assets. But this time, BTC absorbs the shock without a clear break.

Bitcoin is trading near $64,200, with little variation over the day. Over the week, it gained around 3%. It’s not a flight of fancy. But in a market shaken by oil, this maintenance is already a signal.

Ethereum is doing better over seven days, up around 5%. It remains one of the strongest big assets around. XRP, Solana, BNB and Dogecoin are moving little. The crypto market therefore gives the image of a sector in waiting, not a sector in panic.

This nuance matters. Sellers exist, but they are not yet taking control. Neither do buyers. Bitcoin is moving into a zone of nervous neutrality, where each new shock can tip the trend. Current resistance should therefore not be confused with definitive strength. It only shows that the market has not yet chosen to sanction BTC despite macro pressure.

Kimi AI adds a second shake

Oil isn’t the only factor du jour. The market also continues to digest the Kimi K3 effect, the new Moonshot AI model. Its coding performance prompted a sell-off in semiconductors, calling into question some AI-related valuations.

This shock indirectly affects crypto. For several months, bitcoin has sometimes followed the behavior of large technology stocks, especially when Wall Street treats BTC as a growth asset. The pressure is also seen among companies linked to mining and digital infrastructure. Bitcoin miners have made numerous announcements around AI, data centers and electric power. A drop in the AI ​​theme can therefore cool this story.

Asia has already felt the shock wave. South Korea’s Kospi lost 3.5% after traders returned. In the United States, Nasdaq futures have tried to stabilize, but doubt remains open. This week will not be dominated by a major American statistic. The real test will come from corporate results. Alphabet, Tesla and Intel must publish their figures, and the market is especially waiting for indications on AI spending.

If these results are reassuring, technology stocks could regain some air. Bitcoin could benefit, especially if oil stabilizes. A return of risk appetite would help BTC defend $64,000. This resistance around $64,000 shows that bitcoin is not as vulnerable as a simple speculative asset. But it also reminds us of his dependence on the outside world. Oil, the Fed, AI and Wall Street results are now weighing on his tempo. If oil soars again, the market will quickly know if this strength is real or just a pause before the next move.