Oil’s 25% Rally Stalls as G7 Steps In — CryptoQuant Warns Bitcoin Cycle Ending

Oil prices retreated sharply on Monday after the Group of Seven (G7) finance ministers reportedly planned an emergency call to discuss releasing 300–400 million barrels from strategic reserves. Crude futures, which spiked nearly 25% to around $117 overnight amid Middle East tensions, fell roughly 14.5% to near $100 following the report, as traders factored in the likelihood of coordinated policy action easing supply concerns.

Bitcoin Rebounds Amid Market Stabilization

The crypto market reacted alongside oil, with Bitcoin climbing from a low of about $65,725 to nearly $68,000, gaining approximately 3.45% within hours. Analysts note that while elevated oil prices can suppress risk appetite, periods of stabilization often encourage renewed investor interest in volatile assets such as Bitcoin.

Onchain Trading Activity Surges

The oil volatility also highlighted increased onchain trading demand. Hyperliquid’s oil-linked perpetual contracts saw record weekend volumes, with Tradexyz reporting nearly $720 million in trades, surpassing the previous record of $610 million set in late February. This surge reflects demand for continuous commodity exposure during periods when traditional markets are closed or disrupted, demonstrating how decentralized platforms absorb liquidity in times of geopolitical and market stress.

CryptoQuant analyst Darkfost said;

Overall, the combination of a potential strategic reserve release and onchain liquidity has eased short-term market jitters, stabilizing both energy and cryptocurrency prices.

Disclaimer

This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.