Trump Cancels Planned Iran Strike as Oil Prices Remain Above $100

WHY IT MATTERS

Even though this story is about oil and geopolitics rather than crypto directly, it matters to crypto investors because of how interconnected global markets are. Think of it like a chain reaction: when oil prices rise sharply, everyday goods become more expensive (inflation goes up). When inflation rises, central banks like the Federal Reserve may raise interest rates to cool things down. Higher interest rates tend to make riskier investments — including cryptocurrencies — less attractive to some investors because safer options like bonds start paying more. So geopolitical events that move oil prices can ripple through to affect crypto markets indirectly.