Geopolitics Alpha

Bitcoin slips below $82k as tech rout, rising oil dent risk

Published . Updated .

ENERGYBitcoin slips below $82k as techrout, rising oil dent riskCRCWGEOPOLITICS ALPHA

This report is about Crypto and Energy. Names like XOM and CVX typically gain because oil producers earn more when crude prices rise.

Directly affected

  • CRCW Crypto

    Named in this report.

Indirectly affected

  • IBIT iShares Bitcoin Trust+6.9%

    This price moves with the crypto market

  • COIN Coinbase+2.8%

    The crypto exchange moves with trading volumes

  • MSTR Strategy+12.0%

    This company's value is tied to its bitcoin holdings

  • MARA MARA Holdings-9.9%

    Bitcoin miners move with the bitcoin price

  • XOM Exxon Mobil+7.9%

    Oil producers earn more when crude prices rise

  • CVX Chevron+6.6%

    Oil producers earn more when crude prices rise

  • RIOT Riot Platforms-33.1%

    Bitcoin miners move with the bitcoin price

  • HOOD Robinhood-10.8%

    Retail trading apps move with crypto volumes

  • OXY Occidental Petroleum+1.5%

    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

TickerT-5T-3T-1T0T+1T+2T+3
CRCWNo price data for this ticker———————
IBIT+0.20%+1.41%baseafter closeafter closeafter closeafter close
COIN+2.37%+0.95%baseafter closeafter closeafter closeafter close
MSTR-6.25%-2.19%baseafter closeafter closeafter closeafter close
MARA+3.86%+3.10%baseafter closeafter closeafter closeafter close
XOM+0.46%-0.17%baseafter closeafter closeafter closeafter close
CVX-0.70%-0.41%baseafter closeafter closeafter closeafter close
RIOT+6.47%+6.90%baseafter closeafter closeafter closeafter close
HOOD+2.35%+1.65%baseafter closeafter closeafter closeafter close
OXY-0.16%+0.70%baseafter closeafter closeafter closeafter close
COP+0.58%+0.19%baseafter closeafter closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Market Call

Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.

Bitcoin slips below $82k as tech rout, rising oil dent risk Investing.com

Source: Investing.com

Energy

CompanyWhenMoveStatus
COINthree days earlier+0.95%final price
COINfive days earlier+2.37%final price
COPthree days earlier+0.19%final price
COPfive days earlier+0.58%final price
CVXthree days earlier-0.41%final price
CVXfive days earlier-0.70%final price
HOODthree days earlier+1.65%final price
HOODfive days earlier+2.35%final price
IBITthree days earlier+1.41%final price
IBITfive days earlier+0.20%final price
MARAthree days earlier+3.10%final price
MARAfive days earlier+3.86%final price
MSTRthree days earlier-2.19%final price
MSTRfive days earlier-6.25%final price
OXYthree days earlier+0.70%final price
OXYfive days earlier-0.16%final price
RIOTthree days earlier+6.90%final price
RIOTfive days earlier+6.47%final price
XOMthree days earlier-0.17%final price
XOMfive days earlier+0.46%final price

Trades by members of Congress and officials in the stocks in 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).

How solid the energy case looks

12 out of 100

“Bitcoin slips below $82k as tech rout, rising oil dent risk” scores 12 out of 100. The score uses 1 sources.