Analysis: Concerns over oil supply shocks ease, Bitcoin and crypto stocks rise together, market sentiment improves

By: rootdata|2026/03/11 00:44:03

0

Share

copy

As concerns over potential oil supply shocks eased, btc-42">Bitcoin continued to rise on Tuesday, boosting global market risk appetite. The International Energy Agency (IEA) announced on Tuesday that it would hold an extraordinary meeting to discuss whether to release emergency oil reserves. WTI crude oil prices subsequently fell to $82, having surged to nearly $120 over the weekend, while the S&P 500 and Nasdaq 100 indices rose about 0.5% at midday.

Crypto-related stocks also climbed: stablecoin issuer Circle (CRCL) rose 6%, with a two-week cumulative increase of nearly 100%; digital asset infrastructure company BitGo (BTGO) gained over 8%; and blockchain company Figure (FIGR) increased by 12%. After the announcement of Nigel Farage joining, UK Bitcoin treasury company Stack BTC (STAK) saw its stock rise over 200%. The correlation between Bitcoin and software stock ETF (IGV) is weakening, indicating that BTC may begin to exhibit a more independent trend during periods of macro uncertainty.

-- Price

You may also like

Oracle "Outage": Aave Faces $27 Million Irregular Liquidation

Oracle "Outage": Aave Faces $27 Million Irregular Liquidation

The guardian has turned into the reaper. An internal configuration mistake caused the largest DeFi lending protocol to **accidentally** liquidate 34 accounts.

A single tweet caused a 17% crash in oil prices, who's not a Meme yet

A single tweet caused a 17% crash in oil prices, who's not a Meme yet

From the Petrodollar to the Meme Era: Why a Single Tweet Tanked Global Oil Prices

March 11th Market Key Intelligence, How Much Did You Miss?

March 11th Market Key Intelligence, How Much Did You Miss?

1. On-chain Fund: $47.1M inflow to Hyperliquid today; $75.4M outflow from Ethereum 2. Largest Price Swings: $XAI, $BTW 3. Top News: G7 Pre-Summit Pledge to "Principally Support Strategic Crude Oil Reserve Use"; Four Whales Open Large Short Positions Against Crude Oil Today

Benefit-Loaded Event | With over 500 sign-ups, how else can this Lobster Tug-of-War Extravaganza be spiced up?

Benefit-Loaded Event | With over 500 sign-ups, how else can this Lobster Tug-of-War Extravaganza be spiced up?

a16z’s Brutal Lesson to Crypto Founders: Why Enterprises Don’t Buy the Best Technology?

a16z’s Brutal Lesson to Crypto Founders: Why Enterprises Don’t Buy the Best Technology?

If your product is "obviously better" but still can't win, the gap lies not in performance, but in product-market fit.

The rivers and lakes are no more, Li Lin returns

The rivers and lakes are no more, Li Lin returns

We no longer need a larger exchange or more complex financial products; we hope to see more individuals like Li Lin in the industry, who can drive innovations that truly open up boundaries for the industry.

Earn Up to 300% APR With WEEX Auto Earn: Limited-Time Crypto Passive Income Event

Earn Up to 300% APR With WEEX Auto Earn: Limited-Time Crypto Passive Income Event

Earn up to 300% APR with WEEX Auto Earn in this limited-time crypto earning campaign. Activate Auto Earn, invite friends, and unlock additional referral crypto rewards before March 25.

BitsLab Deep Production: Nanobot User Security Practice Guide

BitsLab Deep Production: Nanobot User Security Practice Guide

BitsLab releases AI Agent Security Guidelines: Through a three-pronged strategy of "User Review + Agent Awareness + Script Hard Interception," a zero-trust security defense line is established to prevent prompt injection and sensitive data leakage risks.

What are the common traits of people who founded a $5 Billion+ company before the age of 23?

What are the common traits of people who founded a $5 Billion+ company before the age of 23?

Trauma, Neurodiversity, Cross-Domain Skills. These characteristics, which may appear as "flaws" on a traditional resume, could instead be the most important signals

Why Hasn't $160 Billion Stripe Gone Public?

Why Hasn't $160 Billion Stripe Gone Public?

The Rise of Private Placements, with Companies like Stripe Rewriting Fundraising Logic.

All the AI News You Need to Know is Here, Lyrical Officially Launches AI News Feed

All the AI News You Need to Know is Here, Lyrical Officially Launches AI News Feed

Users can access key information in real time without switching pages

Bitwise: Why Bitcoin Is Destined to Impact a Million Dollars?

Bitwise: Why Bitcoin Is Destined to Impact a Million Dollars?

When people talk about Bitcoin, they often overlook one key thing.

Amid Geopolitical Turmoil, Tokenized Gold Emerges Alongside Round-the-Clock On-Chain Markets

Amid Geopolitical Turmoil, Tokenized Gold Emerges Alongside Round-the-Clock On-Chain Markets

When the stock market is closed, the on-chain becomes the sole trading and pricing outlet.

Who Longs War on Polymarket?

Who Longs War on Polymarket?

The Rug Pull War rages on, with the potential to earn up to 4x gains on your bet

4 AI Trading Strategy Lessons from WEEX Hackathon Finalist

4 AI Trading Strategy Lessons from WEEX Hackathon Finalist

Finalist Bambi shares how AI tools helped turn real trading experience into an automated strategy, why survival-first risk control shaped the system’s design, and how the approach will evolve ahead of WEEX AI Trading Hackathon Season 2.

Hong Kong Crypto Ecosystem 2.0: Stablecoins, RWA, and the New Battleground for Financial Institutions

Hong Kong Crypto Ecosystem 2.0: Stablecoins, RWA, and the New Battleground for Financial Institutions

Hong Kong is no longer just a bystander in the cryptocurrency industry, but may become the core hub of the compliant cryptocurrency market in the Chinese-speaking world and even the entire Asia-Pacific region.

Polymarket Arbitrage Bible: The Real Gap is in the Mathematical Infrastructure

Polymarket Arbitrage Bible: The Real Gap is in the Mathematical Infrastructure

While retail investors are still engaged in simple probability addition, top quantitative teams are systematically harvesting millions of dollars in arbitrage profits on Polymarket using hardcore mathematical infrastructure such as integer programming and Bregman projections.

Crypto Barbarians Jupiter Series: Still Owes the Market an Answer

Crypto Barbarians Jupiter Series: Still Owes the Market an Answer

This entrepreneurial team from Singapore and Malaysia has indeed demonstrated its product execution capabilities to the market over the past three years, but they have also fully arbitraged every regulatory gray area with their business logic.

Oracle "Outage": Aave Faces $27 Million Irregular Liquidation

The guardian has turned into the reaper. An internal configuration mistake caused the largest DeFi lending protocol to **accidentally** liquidate 34 accounts.

A single tweet caused a 17% crash in oil prices, who's not a Meme yet

From the Petrodollar to the Meme Era: Why a Single Tweet Tanked Global Oil Prices

March 11th Market Key Intelligence, How Much Did You Miss?

1. On-chain Fund: $47.1M inflow to Hyperliquid today; $75.4M outflow from Ethereum 2. Largest Price Swings: $XAI, $BTW 3. Top News: G7 Pre-Summit Pledge to "Principally Support Strategic Crude Oil Reserve Use"; Four Whales Open Large Short Positions Against Crude Oil Today

Benefit-Loaded Event | With over 500 sign-ups, how else can this Lobster Tug-of-War Extravaganza be spiced up?

a16z’s Brutal Lesson to Crypto Founders: Why Enterprises Don’t Buy the Best Technology?

If your product is "obviously better" but still can't win, the gap lies not in performance, but in product-market fit.

The rivers and lakes are no more, Li Lin returns

We no longer need a larger exchange or more complex financial products; we hope to see more individuals like Li Lin in the industry, who can drive innovations that truly open up boundaries for the industry.

Popular coins

Latest Crypto News

21:43

Brian Jacobsen: The Middle East conflict will change the path of U.S. inflation, and the Federal Reserve will remain on hold

According to Jin Ten, Brian Jacobsen, Chief Economist at Annex Wealth Management, stated that the February inflation data was originally heading in the right direction, but the emergence of the Middle East conflict has changed that trajectory. Energy, which could have brought about deflation, is now...

21:43

YZi Labs demands CEA Industries to respond to the "operational vacuum" issue and terminate the 10X asset management agreement

According to GlobeNewswire, YZi Labs issued a statement indicating that a lawsuit filed by investor Abraham Gomez against the Nasdaq-listed company CEA Industries and its director Hans Thomas shows that the company is almost in an "operational vacuum," lacking a CFO, COO, operational or marketing te...

21:43

Data: The current whale position on the Hyperliquid platform is 3.329 billion USD, with a long-short position ratio of 1.04

According to Coinglass data, the current whale holdings on the Hyperliquid platform amount to $3.329 billion, with long positions of $1.7 billion, accounting for 51.05% of the holdings, and short positions of $1.63 billion, accounting for 48.95%. The profit and loss for long positions is -$65.8229 m...

21:43

The Ledger security team discovered an Android vulnerability that can extract cryptocurrency wallet recovery phrases in 45 seconds

According to The Block, Ledger's security research team Donjon has discovered a vulnerability in the secure boot chain of MediaTek processors, allowing attackers to extract encryption keys via USB connection before the operating system loads, provided they have physical access to the phone. This cou...

21:43

Foundry will launch an institutional Zcash mining pool to fill the compliance infrastructure gap

According to CoinDesk, Bitcoin mining pool operator Foundry Digital plans to launch a domestic Zcash mining pool in the U.S. next month, providing a mining platform built around compliance reviews, reporting standards, and operational controls for institutional and publicly traded company miners.Fou...