Commodities & Energy Markets’ Impact on Crypto

When oil spikes or electricity grids get squeezed, Bitcoin feels it. Energy costs are a major factor in mining profitability, and mining drives a huge chunk of Bitcoin’s market dynamics. But this goes way beyond electricity bills.

When oil prices spike and inflation starts climbing, most investors brace for impact, tightening their wallets, rebalancing their portfolios, and watching traditional markets react in predictable ways.

Bitcoin mining has a power problem. The process that fuels the world’s biggest cryptocurrency also consumes more electricity than some countries. As climate concerns intensify, Bitcoin’s carbon footprint is under fire from regulators, investors, and environmentalists alike.