Bitcoin gets liquidity lifeline as US injects $3 billion into banking system amid oil price spike

Brent crude oil is trading like a geopolitical asset again, and that is forcing Bitcoin back into a macro test it has not fully resolved. For a third straight session, oil climbed as the widening US-Israel conflict with Iran revived fears of disruption in the Strait of Hormuz, the narrow maritime chokepoint that handles roughly a fifth of global oil consumption flows and significant LNG traffic. According to data fro…