Falling Oil Prices Boost Crypto Market: A Potential Catalyst for Growth

While the crypto market experienced some volatility on Thursday with investors taking profits after recent gains, a potential catalyst lies in the declining prices of crude oil. This price dip could provide a boost to Bitcoin and other altcoins. The continued decline of Brent, the international benchmark, to $63 and West Texas Intermediate to $60.20 since its peak this year is fueling optimism in the crypto space.