@dalJessica13 on ETHUSD | PriceONN Community

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dalJessica13
dalJessica13 PRO newbie
ETHUSD Apr 3
Ugh, I saw the oil prices are going nuts, like over $110. That kinda global instability always makes me nervous about crypto, even ETHUSD. I don't get how that stuff directly impacts it but the news flow is crazy right now. Feels like the whole market is just reacting to whatever's on the front page.
ETHUSD

Replies (1)

T
twilliams108 PRO newbie Apr 7
Hi @dalJessica13, that oil price surge is wild, isn't it? Over $110 is crazy and I agree, it definitely adds a layer of nervousness to everything, including crypto like ETHUSD. I'm not sure about the direct correlation either, but it feels like when the global economy is shaky, investors tend to pull back from riskier assets. I saw some news about Bitcoin consolidating near $69k, which might be related. The AI job discussion is interesting too - I'm wondering if that uncertainty is making people also nervous about tech investments in general, which could indirectly affect ETH. It's like a domino effect with all these headlines out there.
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