Virtual Assets Rally Despite Oil Price Fears… “Dollar Falls, Bitcoin Rises”

▲ United States, Iran, Bitcoin (BTC), XRP / ChatGPT-generated image

Signs have emerged that the U.S. economy has entered a stagflation phase marked by low growth combined with high inflation. As a result, Bitcoin (BTC) and XRP are rising as new hedging instruments that could replace traditional assets.

According to crypto-focused outlet U.Today on April 9 (local time), international oil prices surged past the $100 mark at the start of the U.S. trading session. West Texas Intermediate (WTI) crude prices increased by an average of $1 per hour starting at 6 a.m. Eastern Time, approaching $103 per barrel. The sharp rise in energy prices is fueling inflation expectations and adding pressure on the Federal Reserve ahead of its interest rate decision at the end of April.

Despite mounting inflationary pressure, Bitcoin and XRP demonstrated unusual resilience and recorded gains. Bitcoin climbed 1.5% from the previous day to reach $71,800, while XRP, an asset largely favored by retail investors, rose 1.79% to trade around $1.34, showing more aggressive growth. Notably, both assets formed an independent upward trajectory, defying the typical downward pressure that rising energy prices exert on risk assets.

This market response coincides with newly released GDP data showing that U.S. economic growth in the first quarter came in at 0.5%, below expectations. As slowing growth overlaps with energy-driven inflation, investors have begun seeking alternatives to depreciating fiat currencies and a stagnant stock market. Digital assets are increasingly being recognized not merely as risk assets, but as viable alternatives capable of preserving capital during macroeconomic crises.

Market experts interpret this trend as a shift in the status of digital assets. Previously moving in tandem with the stock market, Bitcoin and XRP are now evolving to partially assume the role of safe-haven assets like gold and serve as tools for portfolio risk diversification. In particular, as economic uncertainty driven by surging oil prices intensifies, a clearer hedging pattern is emerging, with funds flowing into digital assets instead of traditional ones.

An economic environment characterized by both an energy crisis and low growth is triggering structural changes in the digital asset market. Investors are closely watching how the arrival of the $100 oil era will reshape market correlations while exploring new investment strategies. The steady rise of Bitcoin and XRP suggests that digital assets could serve as reliable safe havens during stagflation.

*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses incurred based on it. The content should be interpreted for informational purposes only.*