Bitcoin pulls back from $84,000 as oil recovers, ETFs bleed over $600 million
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Bitcoin pulls back from $84,000 as oil recovers, ETFs bleed over $600 million CoinDesk
Directly affected
- No company is named in this report.
Indirectly affected
- IBIT iShares Bitcoin Trust
This price moves with the crypto market
- COIN Coinbase
The crypto exchange moves with trading volumes
- MSTR Strategy
This company's value is tied to its bitcoin holdings
- MARA MARA Holdings
Bitcoin miners move with the bitcoin price
- XOM Exxon Mobil
Oil producers earn more when crude prices rise
- CVX Chevron
Oil producers earn more when crude prices rise
- RIOT Riot Platforms
Bitcoin miners move with the bitcoin price
- HOOD Robinhood
Retail trading apps move with crypto volumes
- OXY Occidental Petroleum
Oil producers earn more when crude prices rise
- COP ConocoPhillips
Oil producers earn more when crude prices rise
Price reaction, T-5 to T+3
Bitcoin pulls back from $84,000 as oil recovers, ETFs bleed over $600 million CoinDesk
Source: CoinDesk
United States Oil Fund (USO) compared with energy stocks (XLE) since 12 Oct 2026
Since the first closing price after “Bitcoin pulls back from $84,000 as oil recovers, ETFs bleed over $600 million,” United States Oil Fund (USO) is +5.04%. The S&P 500 fund (SPY) is -1.47% over the same days, a +6.51% difference versus the market. energy stocks (XLE) is +0.92%, a +4.13% difference versus that group of stocks.
| Company | When | Move | Status |
|---|---|---|---|
| COIN | that day | +0.56% | final price |
| COIN | the next day | +1.34% | final price |
| COIN | two days later | -3.62% | final price |
| COIN | three days later | +2.46% | final price |
| COIN | three days earlier | -0.52% | final price |
| COIN | five days earlier | +4.92% | final price |
| COP | that day | +2.57% | final price |
| COP | the next day | +5.07% | final price |
| COP | two days later | +6.13% | final price |
| COP | three days later | +5.67% | final price |
| COP | three days earlier | -3.18% | final price |
| COP | five days earlier | -4.28% | final price |
| CVX | that day | +1.43% | final price |
| CVX | the next day | +2.75% | final price |
| CVX | two days later | +4.76% | final price |
| CVX | three days later | +3.48% | final price |
| CVX | three days earlier | -3.22% | final price |
| CVX | five days earlier | -2.61% | final price |
| HOOD | that day | +0.18% | final price |
| HOOD | the next day | +1.38% | final price |
| HOOD | two days later | -7.28% | final price |
| HOOD | three days later | -4.61% | final price |
| HOOD | three days earlier | +0.45% | final price |
| HOOD | five days earlier | +4.67% | final price |
| IBIT | that day | +0.62% | final price |
| IBIT | the next day | +1.20% | final price |
| IBIT | two days later | -0.69% | final price |
| IBIT | three days later | +0.06% | final price |
| IBIT | three days earlier | +1.36% | final price |
| IBIT | five days earlier | +4.27% | final price |
Who reported a United States Oil Fund (USO) trade near this story
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
Companies in energy around United States Oil Fund (USO)
Companies tied to this story
- USO United States Oil Fund
United States Oil Fund (USO) is linked, with no stored direction, high confidence in the 12 Oct 2026 story “Bitcoin pulls back from $84,000 as oil recovers, ETFs bleed over $600 million.” Reason on file: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations
- BNO United States Brent Oil Fund
United States Brent Oil Fund (BNO) is linked, with no stored direction, high confidence in the 12 Oct 2026 story “Bitcoin pulls back from $84,000 as oil recovers, ETFs bleed over $600 million.” Reason on file: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations
- XLE Select Sector Spdr Tr
In “Bitcoin pulls back from $84,000 as oil recovers, ETFs bleed over $600 million,” Select Sector Spdr Tr (XLE) is linked, with no stored direction, high confidence. Reason on file: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations
- XOP State Street Spdr S&P Oil & Gas Exploration & Production Etf
In “Bitcoin pulls back from $84,000 as oil recovers, ETFs bleed over $600 million,” State Street Spdr S&P Oil & Gas Exploration & Production Etf (XOP) is linked, with no stored direction, high confidence. Reason on file: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations
- AEIS Advanced Energy Industries
For “Bitcoin pulls back from $84,000 as oil recovers, ETFs bleed over $600 million,” Advanced Energy Industries (AEIS) is linked, with no stored direction, medium confidence. Reason on file: GA selected AEIS as a RELATED security because its canonical security name directly matches this event's themes: energy. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- BE Bloom Energy
For “Bitcoin pulls back from $84,000 as oil recovers, ETFs bleed over $600 million,” Bloom Energy (BE) is linked, with no stored direction, medium confidence. Reason on file: GA selected BE as a RELATED security because its canonical security name directly matches this event's themes: energy. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- BTE Baytex Energy
Baytex Energy (BTE) is linked, with no stored direction, medium confidence in the 12 Oct 2026 story “Bitcoin pulls back from $84,000 as oil recovers, ETFs bleed over $600 million.” Reason on file: GA selected BTE as a RELATED security because its canonical security name directly matches this event's themes: energy. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- AMPY Amplify Energy
For “Bitcoin pulls back from $84,000 as oil recovers, ETFs bleed over $600 million,” Amplify Energy (AMPY) is linked, with no stored direction, medium confidence. Reason on file: GA selected AMPY as a RELATED security because its canonical security name directly matches this event's themes: energy. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
How energy news reaches United States Oil Fund (USO)
On 12 Oct 2026, “Bitcoin pulls back from $84,000 as oil recovers, ETFs bleed over $600 million” is the story that connects United States Oil Fund (USO) to Energy.
The link for United States Oil Fund (USO) is this: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations
A second company, United States Brent Oil Fund (BNO), is listed for a different reason: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations
What this energy story puts on the calendar
BNO traded between 57.39 and 67.79 across 20 sessions. The latest close on file is 67.10. USO traded between 141.82 and 162.99 across 20 sessions. The latest close on file is 160.80. XLE traded between 60.95 and 68.51 across 20 sessions. The latest close on file is 67.80.
The energy score for United States Oil Fund (USO)
46 out of 100
“Bitcoin pulls back from $84,000 as oil recovers, ETFs bleed over $600 million” scores 46 out of 100. The score uses 1 sources, and 10 linked companies.