{
  "$type": "site.standard.document",
  "bskyPostRef": {
    "cid": "bafyreia3fphvlu6ewqfnqcubhzxjinr36a4psqbfrpihffwnogj5v37sce",
    "uri": "at://did:plc:3jg5ch2x6onc5mwonrp5wps6/app.bsky.feed.post/3mgsmoqiwyd22"
  },
  "coverImage": {
    "$type": "blob",
    "ref": {
      "$link": "bafkreicwttgl2djr4tmzjkotprbqs4tqoppjpg7xm45vltjmkexzpjyr4q"
    },
    "mimeType": "application/octet-stream",
    "size": 66706
  },
  "path": "/when-oil-panic-hit-global-markets-traders-dumped-bitcoin-instead-of-hiding-in-it/",
  "publishedAt": "2026-03-11T15:15:14.000Z",
  "site": "https://cryptoslate.com",
  "tags": [
    "Analysis",
    "ETF",
    "Featured",
    "Macro",
    "Market",
    "Why oil panic hitting global markets caused traders to dump Bitcoin instead of hiding in it",
    "CryptoSlate"
  ],
  "textContent": "An Oil Scare Near Hormuz Showed How Fast Bitcoin Reverts to a Risk Trade While Bitcoin has rebounded and held above $70,000 over the last 48 hours, the acute phase of the latest oil shock showed the market’s first instinct: sell crypto when inflation fear rises, and the path to easier money gets harder. Still, […]\n\nThe post Why oil panic hitting global markets caused traders to dump Bitcoin instead of hiding in it appeared first on CryptoSlate.",
  "title": "Why oil panic hitting global markets caused traders to dump Bitcoin instead of hiding in it"
}