- US gasoline prices are expected to rise.
- The crypto market is down by 0.80% in terms of market cap.
- Other factors that could impact the crypto market are AI and tariffs.
Concerns around a possible increase in the US gasoline price have brought attention to the crypto market. While cryptocurrencies have somewhat maintained their price levels over the weekend, the ongoing geopolitical scenario could inject higher volatility, with investors wanting to allocate their funds to a safer space.
US Gasoline Price Concerns
It essentially stems from the current situation in Iran. The Iranian government has reportedly closed navigation through a critical route, the Strait of Hormuz – known for controlling one-fifth of the oil’s flow. And, the global benchmark has already spiked by 10% with a close linkage to Brent reaching $100 if the war prolongs.
The US gasoline price is expected to rise above $3 per gallon. Experts have said that oil could move before gasoline; however, it could eventually feel the load of the war. America has an option to release oil from its strategic reserve to prevent the price rise, but there is no official confirmation about its utility.
Notably, experts have signalled that gasoline prices go up at this time of the year anyway due to summer vacation. They were ready for a price between $3.10 and $3.25 per gallon. Given the circumstances, the range could come up faster than it expected.
Situation Across the Crypto Market
Prices of top cryptocurrencies are still below the expected values. For instance, BTC is trading at $66,685.57, below $69k, and ETH is listed at $1,967.45, below $2k. Prices peaked during early October 2025. It has been a downfall since then, with a mix of ups and lows.
Overall, the market cap has dropped by 0.80% to $2.3 trillion, with an FGI still hovering around 15 points.
Volatility for BTC currently stands at 6.05% with a 3-month projected value of $70,218. ETH has a higher volatility of 7.55%, and it could go as high as $3,694.35 in the next 3 months.
Other Factors Likely to Impact the Crypto Market
Artificial Intelligence (AI) and tariffs are additional factors that could impact the crypto market. Both of them, along with the geopolitical scenario, brought three indexes down last week, namely Dow, Nasdaq, and S&P. The decline was 1.05%, 0.92%, and .043%, applicable in the same order.
It is important to note that the content of this article is neither a recommendation nor advice. Do thorough research and risk assessment before crypto investments.
Highlighted Crypto News Today:
Tether Freezes $4.2B USDT in Crime Crackdown
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
XRP Reclaims $1.40 Mark as Price Jumps 6%, Where Is Price Heading? - U.Today
XRP recently surpassed the $1.40 resistance level, driven by a 12.92% spike in trading volume to $2.63 billion. Renewed interest, notably due to a partnership with Mastercard, may help sustain upward momentum, with potential targets of $1.50 and $2. However, a drop below $1.39 could negate this breakout.
UToday51m ago
PI Jumps 16% After V20.2 Upgrade and AI Node Plans
Pi Network completed the V20.2 upgrade, ensuring node alignment and network stability for all operators.
AI node experiments tested decentralized computing, using spare node capacity to handle real AI tasks.
PI price jumped 16%, breaking resistance at $0.23, eyeing $0.28 as key target.
P
CryptoNewsLand2h ago
"Seeking a Sword by Marking a Boat" style coin price predictions go viral: the practical logic and flaws of mystical prophecies
Author: Frank, PANews
Whenever the market enters a confusing phase of stagnation, someone attempts to predict the next trend using a "cutting the cord at the boat" style of historical retrospection method. In such circumstances, people often see from these theories and charts that history is repeating itself, and seem to automatically overlap and verify future market movements with a certain period in the past.
This coincidence appears to have a magical effect and is often verified. Some bloggers claim that the accuracy rate of this type of prediction can reach 75%~80%.
Does this "cutting the cord at the boat" style price prediction that repeatedly goes viral on social media actually help the market identify phases, or is it packaging noise as prophecy?
From "Tick Fractals" to "History Rhymes"
The peak operation regarding the prediction of a market top in October 2025 comes from an analyst named CryptoBullet, who created a method called "tick
PANews2h ago
Bitcoin Holds Strong at $70,000! On-Chain Data Reveals "Collective Selling Wave," Retail Investors Emerge as Biggest Selling Pressure
Under Middle East geopolitical tensions, Bitcoin faced widespread selling pressure, particularly from retail holders. According to Glassnode data, the market is experiencing heavy selling pressure, with the accumulated trend score declining to 0.04, indicating that retail and small-to-medium investors are reducing their positions significantly. Despite this, Bitcoin's resilience against the decline has surprised market observers.
区块客2h ago
Bitcoin Early Warning of Stock Market Risk? Global Stock Market Turbulence Intensifies After BTC Drops to $60,000
Recently, analysts have pointed out that Bitcoin's price movements often lead traditional risk assets, reflecting the weakness in global stock markets. After experiencing volatility, Bitcoin is currently stabilizing around $70,000, with market sentiment being affected by geopolitical tensions and rising oil prices. Historical data shows that Bitcoin often exhibits signs of peaking before stock market corrections, and investors are beginning to regard it as an important indicator for monitoring risk asset sentiment.
GateNews2h ago
