Bitcoin is trying to hold support above $81K while Brent crude prints its highest since March. The oil bid is the macro tell: if crude keeps running, inflation and rate pressure stay on crypto and ris

What happened: Bitcoin briefly fell below $81,000 after Friday's Wall Street open as US stocks slipped and Brent crude oil hit its highest level since March. Key numbers: BTC fell to $80,988 before recovering to around $81,600. Brent crude reached $116 per barrel, up nearly 3%. WTI passed $102. The 50-day SMA sits at $81,781. S&P 500 fell 0.6%, Nasdaq 0.2%, Dow 1.4%. Why it matters: Bulls are trying to reclaim the 50-day SMA by the daily close. Keith Alan of Material Indicators said a failure to do so would point to a support test in the $78,000 to $80,000 range. Coverage: 3 outlets in 24h

Bitcoin briefly fell below $81,000 after Friday's Wall Street open as US stocks slipped and Brent crude oil hit its highest level since March.

Bulls are trying to reclaim the 50-day SMA by the daily close. Keith Alan of Material Indicators said a failure to do so would point to a support test in the $78,000 to $80,000 range.