Oil Hits $111, Iran Names New Leader — Bitcoin Dips Below $66K

Bitcoin briefly slipped below $66,000 on Monday before partially recovering. Oil prices surged to their highest levels since 2022. Iran also named a new supreme leader, deepening the geopolitical uncertainty that has gripped financial markets since the war began nine days ago. The confluence of a leadership succession in Tehran, record oil prices, and open-ended US escalation has left crypto markets with no clear catalyst for recovery source: https://beincrypto.com/oil-hits-111-iran-names-new-leader-bitcoin-dips-below-66k/