Bitget Research Institute's Chief Analyst Ryan Lee forecasts that geopolitical tensions and disruptions in the energy market will continue to influence market trends in the second quarter of 2026. If Asian crude oil supplies are affected, Brent crude prices could remain above $120 per barrel, potentially driving inflation expectations and maintaining a tight macro-financial environment. Prolonged high oil prices may lead to a shift in capital allocation towards defensive assets, tightening liquidity and reducing risk appetite, which could suppress digital asset performance. Bitcoin might drop to around $55,000, while Ethereum could test the $1,500 region, with oil prices becoming a significant external factor affecting crypto asset performance.
Geopolitical Tensions and Oil Prices May Impact Crypto Markets in Q2 2026
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