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cryptoJul 27, 2026, 12:29 PM

Bitcoin Reclaims $65,000 as Oil Drops, Ethereum Jumps 4.2%

Bitcoin returned above $65,000 amid easing Middle East tensions and falling crude prices. Ethereum surged 4.2% to $1,960, while Solana and XRP gained 1–2%.

BTCUSDETHUSDSOLUSDXRPUSD

Amid a lull in the Middle East conflict and a drop in oil prices, bitcoin moved back above the $65,000 mark, gaining 1.2% over the past 24 hours. The broader crypto market also advanced, with Ethereum up 4.2% to $1,960 and Solana and XRP rising 1–2% each.

Trader Michaël van de Poppe pointed to falling oil prices as a positive catalyst for the crypto market, calling bitcoin's ability to hold the $65,000 level a 'sign of strength'.

Source: ForkLog