I noticed an interesting pattern in the crypto market news this week. Ukraine delivered serious blows to Russia’s oil infrastructure, and it completely derailed Trump’s plans to stabilize energy markets. Previously, the administration simply lifted sanctions on Russian oil to offset disruptions caused by the war in the Middle East. It seemed that would work. But then something happened that nobody expected.

About 40% of Russia’s oil export capacity is currently offline. This isn’t just production—it’s logistics. Delivering oil to buyers is now as difficult as extracting it. Amid the closure of the Strait of Hormuz and disruptions in the Middle East, Russia’s problems added a new layer to already record-high energy prices.

This is bad news for crypto. High and sustained oil prices mean persistent inflation. And that creates pressure on central banks, including the Fed, to raise rates and reduce liquidity. According to Bloomberg, traders are already betting on a rate increase for the next two weeks. Apparently, the market is preparing for the worst.

Bitcoin is currently trading at around $73,160, which is 1.16% higher over the last 24 hours. But in crypto market news, it’s said that the $65,000–$75,000 range is vulnerable. The recent steadiness may be put to the test if macroeconomic factors continue to weigh on things.

Meanwhile, the WLFI token of World Liberty Financial fell 12% to its lowest level since the start of this year. The company defended its controversial lending strategy on the Dolomite DeFi platform, using its own governance token as collateral for stablecoin loans. This looks risky, especially when macroeconomic winds are blowing against risky assets.

Overall, the picture is this: geopolitical events directly affect energy markets, those affect inflation, inflation affects monetary policy, and monetary policy affects cryptocurrencies. The chain of cause and effect is very long, but the outcome is clear. We’re watching crypto market news and macroeconomic indicators.