U.S. isn’t really exposed to oil shocks and that might be helping bitcoin
The week-long war between Iran, the U.S., and Israel has pushed oil prices on both sides of the Atlantic past $100 a barrel, threatening to inject inflation into the global economy. Asian markets are taking a hit, bond yields are climbing, and yet bitcoin BTC$67,250.88 has barely budged, hovering around $67,000, where it was 24…