New York Wrap: Crude Jumps 3% as Crypto Slides
Brent and WTI led into the close with gains near 3%, while Tezos, Polkadot and the broader crypto board slid and the Nasdaq 100 fell 2%.
Brent and WTI led into the close with gains near 3%, while Tezos, Polkadot and the broader crypto board slid and the Nasdaq 100 fell 2%.

UKOil last traded at 107.56, up 3.67% on the day and holding an uptrend above its 20-, 50- and 200-day averages, with RSI at 66.3 and +75.67% on the year.
Crude climbed nearly 2.5% into the US close while crypto led losses, with Uniswap down 10%, Nasdaq softening and the dollar firm against most majors.
Crude climbed over 2.4% as USOil hit $92.37, while crypto sold off hard β UNIUSD fell 10.23% and Bitcoin Cash 4.58%. The dollar firmed.
Crypto opens broadly lower with UNI off 10.23% and Bitcoin near 82,828, while oil jumps over 2% and the dollar firms against euro and pound.
Tezos jumped 5.06% to lead altcoins into the US close while crude set the losing tone, UKOil -1.12% and USOil -0.83%. Bitcoin held at $83,330.
Tezos jumped 5.06% and altcoins led the crypto tape as crude slipped into the European close; the Euro Stoxx 50 firmed 0.58% but held weekly losses.
Crypto took the day's worst beating as UNIUSD fell 10% and altcoins slid broadly, while crude oil surged and European equities closed lower.
Crypto opens broadly lower with UNI down 10% and Bitcoin near $81,600, while oil jumps over 2% and the dollar holds steady across the FX majors.
US stocks closed higher with the S&P 500 at 7,826 as crude firmed near $100; crypto lagged, with UNIUSD down 5.75% and bitcoin easing to 85,559.
US stocks closed firmer β S&P 500 +0.58%, Nasdaq 100 +0.64% β as Cardano led crypto gainers while crude oil slid over 1.5% into the New York close.
Oil fell nearly 2% as European equities split β IBEX +1.03%, CAC -0.84% β while crypto stretched to extremes: Cardano +3.51%, Stellar -3.61%.