US WTI crude oil drops 3.4% to $88.20 per barrel as Iran-Israel tensions ease. Here's what falling oil prices mean for Bitcoin, Ether, and crypto markets.

Oil prices jumped over 3% on Monday as escalating strikes between Iran and Israel heightened fears of prolonged regional instability, threatening a fragile ceasefire.

Brent crude surged past $97 after Iran-Israel strikes while Bitcoin fell below $63K. Here's what the geopolitical shock means for oil and crypto investors.