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← ArchiveDaily BriefingGenerated 06:02 UTC

Friday, 24 April 2026

Energy inflation tightens conditions while Bitcoin network exhibits durable fundamentals near 78000 dollars

Threat: QUIETConviction: 61/100133 sources
Share
BTC Price$77,987
24h Change-0.05%
Fear & Greed39
Hashrate936.2 EH/s
MVRV1.44
Block Height946,401
S&P 5007,108.4
VIX19.31
Gold$4680
DXY98.70
US 10Y4.32%
Oil$96.42

V. Outlook

The energy inflation shock constitutes the dominant event with oil prices climbing above 96 dollars and feeding directly into tighter real monetary conditions worldwide. This development locks the Federal Reserve into a restrictive stance that limits liquidity support for risk assets. Bitcoin consequently stays pinned near 78000 dollars where fear sentiment prevails without relief. Network metrics meanwhile convey a message of quiet conviction through stable hashrate and ongoing accumulation signaled by exchange outflows. Most participants overlook this core contradiction between durable fundamentals and a macro environment featuring elevated yields along with stubbornly high gold prices. The overlooked risk centers on mining operations facing squeezed margins from sustained energy costs that show few signs of easing soon. Whether network participants maintain their commitment through an extended period of unsupportive policy without triggering price capitulation remains the hard question lacking any straightforward answer.

4 MORE SECTIONS · MARKET · NETWORK · GEOPOLITICAL · MACRO

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