Cryptocurrency25 May 2026SEO 801 min read

Analysis: Bitcoin trades above $77,000 as oil's 5% slide pushes Asian equities higher

Oil’s 5% drop on potential Strait of Hormuz reopening boosted Asian equities and supported crypto sentiment. Bitcoin trades near $77.2K, holding above its 50-d…

Oil’s 5% drop on potential Strait of Hormuz reopening boosted Asian equities and supported crypto sentiment. Bitcoin trades near $77.2K, holding above its 50-day average, while ETH, XRP, and SOL lag below theirs. Oil’s 5% drop on potential Strait of Hormuz reopening boosted Asian equities and supported crypto sentiment. Caution persists as ETF outflows exceed $2 billion in two weeks. Bitcoin BTC $ 77,389.41 was slightly higher on Monday as a sharp decline in oil prices helped lift Asian stock m…

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