Trader Opens $51M Short On Oil: What Happens to Bitcoin If Oil Prices Crash?

The post Trader Opens $51M Short On Oil: What Happens to Bitcoin If Oil Prices Crash? appeared first on Coinpedia Fintech News Oil is sliding. Bitcoin is climbing. And a trader who has made $116 million in five months just opened a $51 million bet that the gap between them is about to widen significantly. The position – a short on Brent crude opened today – was flagged by analysts on X. The timing is deliberate. Crude …