Bitcoin Falls to the $77,000 Range Amid Oil Price and Inflation Concerns [Crypto Briefing]

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\r\n[Financial News] Bitcoin fell to the $77,000 range on the 18th. The drop appears to reflect growing inflation concerns driven by higher oil prices, along with reduced expectations for an interest rate cut.
According to CoinMarketCap, Bitcoin was trading in the $77,000 range at 10:05 a.m., down 1.13% from 24 hours earlier. Over the past week, Bitcoin has fallen 5.33%.
Bitcoin is trading in the 114 million won range on the KRW Market. Based on Cryprice, the Korea premium stood at -1.07%.
International oil prices have surged as tensions in the Middle East continue to worsen without a diplomatic breakthrough. According to foreign media reports, U.S. President Donald Trump recently discussed the possibility of resuming attacks on Iran with Israeli Prime Minister Benjamin Netanyahu. On the 17th local time, Trump wrote on Truth Social, "Iran does not have much time left. It would be better to move quickly."
As of 8:05 a.m., Brent Crude Oil futures for July delivery on ICE Futures Europe were trading at $110.43 per barrel, up 1.07% from the previous session. West Texas Intermediate crude oil (WTI) futures for June delivery on NYMEX were also up 1.75% from the previous trading day at $107.26 per barrel.
CoinMarketCap's Crypto Fear and Greed Index stood at 38 on the day, indicating "fear." The index ranges from 0 to 100, with values closer to 0 signaling "extreme fear" and those nearer 100 indicating "extreme greed."
At the same time, Ethereum was trading in the $2,113 range, down 2.97% from a day earlier. Ripple (XRP) was trading in the $1.39 range, down 1.17%.
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yimsh0214@fnnews.com Lim Sang-hyeok Reporter