WTI futures with the settlement in July lost 0.1% to $88.62 per barrel

Front Month ICE Brent Crude for July delivery lost $7.40 per barrel, or 7.15% to $96.14 today

WTI crude fell below $90 per barrel for the first time since May 7, dropping over 6% in a day. Here's why crypto investors should care about cheaper oil.