Oil prices finding stability after experiencing their sharpest decline in three weeks. This pullback comes amid shifting global demand expectations and dollar strength pressures.

For crypto traders, oil volatility matters more than you'd think. When crude drops hard, it typically signals either demand concerns (bearish for risk assets including BTC) or dollar rallies (creates headwinds for crypto). The current stabilization suggests markets are recalibrating rather than panicking.

Keep an eye on whether this steadiness holds. If oil resumes bleeding, expect correlation trades to hit crypto markets. Energy prices remain a macro wildcard that can flip sentiment fast.