Cryptocurrency22 Jul 2026SEO 801 min read

Analysis: Bitcoin retreats from one-month high as oil tops $85, inflation concerns resurf…

BTC retreated from a one-month high as WTI crude topped $85 for the first time since June, reigniting inflation concerns and pushing investors toward gold, sil…

BTC retreated from a one-month high as WTI crude topped $85 for the first time since June, reigniting inflation concerns and pushing investors toward gold, silver and the safety of bitcoin over altcoins. Bitcoin fell below $66,000 after reaching its highest level in over a month on Tuesday as surging oil prices reignited inflation concerns. The risk-off rotation played out inside crypto too, with bitcoin's dominance climbing to 59% as capital retreated from altcoins and stablecoins. Midnig…

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